Flexport Report Reveals Key Global Trade Trends

Flexport Report Reveals Key Global Trade Trends

Flexport Research leverages proprietary and third-party data to provide in-depth freight market and economic research, analyzing shocks to global supply chains. Its core indicators include the Ocean Timeliness Indicator (OTI), Post-Pandemic Indicators, and trade activity forecasts. The goal is to help clients, partners, and the broader industry better understand market dynamics and inform future decision-making. By providing insights into key trends and disruptions, Flexport Research aims to empower stakeholders to navigate the complexities of global trade and supply chains effectively.

01/05/2026 Logistics Industry Insights
Read More
Revised Kyoto Convention Boosts Global Trade Efficiency

Revised Kyoto Convention Boosts Global Trade Efficiency

The 23rd session of the World Customs Organization's (WCO) Revised Kyoto Convention (RKC) Management Committee marked a crucial second phase in the RKC review. The meeting approved the WGRKC's final report and discussed the business case for the RKC review, laying the groundwork for subsequent revisions. The RKC's revision will streamline customs procedures, enhance transparency, and promote global trade facilitation, significantly impacting businesses. This update aims to modernize customs practices and adapt to evolving global trade patterns, ultimately reducing costs and delays for international trade.

12/30/2025 Customs Knowledge
Read More
Azerbaijan Expands Trade Program with WCO Backing

Azerbaijan Expands Trade Program with WCO Backing

The World Customs Organization (WCO) provides technical assistance to Azerbaijan Customs to enhance its Authorized Economic Operator (AEO) program. Through workshops, WCO experts and Azerbaijani Customs representatives discussed the effectiveness of the AEO program, expansion opportunities, and alignment with the SAFE Framework. The goal is to promote trade facilitation, improve supply chain security, and contribute to Azerbaijan's economic growth. The assistance aims to elevate the operational standards of Azerbaijan Customs.

12/30/2025 Customs Knowledge
Read More
Belarus Advances Trade with Wcobacked AEO Recognition

Belarus Advances Trade with Wcobacked AEO Recognition

The World Customs Organization held a national workshop on AEO Mutual Recognition Arrangements in Minsk, Belarus, to help the country improve its AEO mutual recognition processes and promote trade facilitation. The workshop covered all aspects of mutual recognition arrangements, emphasizing international standards and technical applications, and sharing practical experiences from other countries and regions. Belarus has implemented the AEO program and signed a mutual recognition arrangement with China. In the future, it will further optimize the AEO program to achieve seamless mutual recognition with other countries.

12/30/2025 Customs Knowledge
Read More
WCO Aids Liberia in Trade Efficiency Study

WCO Aids Liberia in Trade Efficiency Study

The WCO is supporting Liberia Customs in a Time Release Study (TRS) project aimed at improving efficiency and facilitating trade. The project focuses on analyzing and streamlining cargo release processes to reduce delays and enhance overall customs operations. Capacity building initiatives are also included to ensure the sustainability of improvements. The project is expected to be completed by the end of the year, contributing to a more efficient and effective customs environment in Liberia.

12/30/2025 Customs Knowledge
Read More
WCO Releases New Ecommerce Crossborder Trade Rules

WCO Releases New Ecommerce Crossborder Trade Rules

The World Customs Organization (WCO) E-Commerce Package provides a guiding framework for customs administrations in managing cross-border e-commerce, with the core being the Framework of Standards on Cross-Border E-Commerce. It covers trade facilitation, security, revenue collection, and consumer protection. The WCO urges countries to implement the package in phases based on their national circumstances and provides support to promote secure, efficient, sustainable, and inclusive cross-border e-commerce development.

12/30/2025 Customs Knowledge
Read More
World Customs Organization Outlines Global Trade Strategy

World Customs Organization Outlines Global Trade Strategy

The World Customs Organization (WCO) is shaping the future of global trade for 2022-2025 through strategic foresight. Leveraging regional workshops, the WCO gathers insights from its members to explore emerging trends, risks, and opportunities. The methodology and key elements of strategic foresight, contributions from the OECD and the EU, and the future global vision and actions are all contributing to shaping the future of customs. This proactive approach aims to equip customs administrations to navigate the evolving landscape of international commerce and ensure effective border management in a dynamic world.

12/30/2025 Customs Knowledge
Read More
Madagascar Customs Boosts Trade with Talent Development

Madagascar Customs Boosts Trade with Talent Development

With the support of the World Customs Organization, Madagascar Customs is implementing a competency-based human resource management system to improve the quality of customs personnel and promote trade facilitation and economic development. By building tools such as job catalogs and competency frameworks, and formulating change management plans, Madagascar Customs is moving towards the goal of building a high-performance organization. The initiative focuses on modernizing customs operations through talent development and streamlined processes to enhance trade efficiency.

12/30/2025 Customs Knowledge
Read More
WCO Advances Gender Equality in Global Trade

WCO Advances Gender Equality in Global Trade

On International Women's Day 2025, the World Customs Organization (WCO) highlights its 'Women in Customs' initiative, emphasizing the vital role of women in the customs domain. By showcasing exemplary female figures, the WCO aims to promote gender equality and diversity. Initiatives like the 'Customs Gender Equality and Diversity Framework' are being introduced to foster a fairer, more inclusive, and efficient customs administration system. The WCO is committed to building a future where women can thrive and contribute fully to the success of customs worldwide.

03/07/2025 Customs Knowledge
Read More
Comoros Modernizes Customs System to Enhance Trade

Comoros Modernizes Customs System to Enhance Trade

With the assistance of the World Customs Organization (WCO), Comoros has upgraded its national commodity nomenclature to the HS 2012 version and signed the instrument of accession to the HS Convention. This aims to improve Comoros' trade efficiency, tariff revenue, and international image, bringing new opportunities for its economic development. Capacity building will follow to enhance customs officers' understanding and application of the HS.

12/30/2025 Customs Knowledge
Read More