Despite the overall growth of the Turkish automotive market, Chinese brands face obstacles due to high tariffs. BYD circumvented these tariff barriers by establishing local production in Turkey, resulting in a remarkable 447% surge in sales. This made BYD the best-selling Chinese brand in the country. Their success highlights the crucial role of localization in overcoming trade protectionism and achieving significant market penetration.
IPF JAPAN 2026, the International Plastics & Rubber Exhibition, will be held from December 1-5. The event focuses on the latest technologies, environmental protection, and intelligent solutions in the rubber and plastics industries. It provides a platform for trade and exchange among industry professionals. Expect to see cutting-edge innovations and explore opportunities for collaboration and business development in the dynamic field of plastics and rubber manufacturing.
Descartes' report indicates a significant drop in U.S. container imports in February, accompanied by increased port congestion. This situation presents challenges for businesses, highlighting the need for strengthened supply chain management strategies. Companies should proactively address these disruptions to mitigate potential negative impacts and ensure continued operational efficiency. Monitoring the evolving situation and adapting strategies accordingly is crucial for navigating the current complexities in global trade.
The ISM report indicates a decline in US manufacturing output in December 2018, with a decrease in the PMI index, suggesting a slowdown in the manufacturing expansion rate. Analysts attribute this to factors like trade tensions, demand fluctuations, and labor challenges. Data in the coming months will be crucial in determining the trend. Businesses should closely monitor market dynamics and flexibly adjust their production strategies.
The latest ISM report shows the Manufacturing PMI slightly increased to 48.3 in October, remaining below the expansion threshold. However, growth in new orders and export orders offers a glimmer of hope. Industry divergence is significant, with trade tensions and rising costs continuing to pose challenges. Experts predict the PMI will fluctuate over the next year, requiring businesses to adapt flexibly to market changes.
This article provides an in-depth analysis of the current situation of international small package delivery competitiveness in 2025. It examines the advantages and disadvantages of DHL, SF Express, and China Post regarding delivery speed, costs, and customs clearance strategies, showcasing the diversified needs and choices in the logistics market. The trade-offs between speed and cost across different channels offer diverse logistics solutions for cross-border e-commerce.
This article provides a detailed overview of the operational process for LCL sea freight export of lithium-ion batteries. It covers HS codes and declaration elements, required documents for dangerous goods declaration, operational steps for LCL sea freight, and key precautions. The aim is to assist foreign trade enterprises in completing lithium-ion battery export operations safely and efficiently, ensuring compliance and smooth logistics throughout the shipping process.
We provide artwork import & export registry enrollment form templates to facilitate smooth registration and streamline the import/export process. We also offer assistance with fine art import & export license applications, resolving licensing challenges and enabling artwork to circulate globally. This service simplifies the complexities of international art trade, ensuring compliance and efficient movement of artworks across borders. Our goal is to make artwork trading easier for artists, collectors, and galleries.
The current exchange rate of the US Dollar to the Australian Dollar is 1.53088, reflecting a 0.23% decrease compared to the same period last year. This fluctuation indicates that the US Dollar is under pressure in international trade, influenced by various economic and policy factors affecting the relationship between the Dollar and the AUD. Investors should pay attention to the market dynamics and future trends behind exchange rate changes.
The logistics management index in June reached 60.7, showing a significant increase from May and indicating signs of recovery in the logistics sector. Inventory levels and costs continue to rise, while warehousing capacity has entered a contraction phase for the first time, reflecting potential uncertainties in future supply and demand. Changes in trade policy have also had a significant impact on the economy and the outlook for the logistics industry.
