UAE enters global top 10 exporters in WTO rankings
ABU DHABI: The United Arab Emirates entered the world’s top 10 merchandise exporters in 2025 for the first time, ranking ninth globally after its goods exports...
Tag : international trade
Data show Trump trade war failed to cut US China trade gap
WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside...
AI boom lifts South Korea ICT exports above 260 billion dollars in 2025
MENA Newswire, SEOUL: South Korea’s exports of information and communication technology products rose more than 12 percent in 2025, underscoring the country’s central role in the global supply chain...
Black Sea talks in Saudi Arabia gain UN support amid crisis
UN welcomes Black Sea security talks in Saudi Arabia as vital step toward peace in Ukraine and global food trade....
Global trade surged to $33 trillion in 2024, driven by services
UNCTAD’s report reveals global trade hit $33 trillion in 2024, yet uncertainty over tariffs, policies, and economic shifts remains high....
EU records €27.2 billion surplus despite energy deficit
The EU posted a €27.2 billion trade surplus in Q4 2024, its sixth in a row, led by strong exports in chemicals and machinery despite...
Japan posts record $193 billion current account surplus in 2024
Japan recorded a record $193 billion current account surplus in 2024, fueled by strong foreign investment returns, a weak yen, and an improving trade balance,...
Kremlin rebuffs Trump’s claim on BRICS currency, stresses investments
Moscow rebuffed Trump’s claims on BRICS forming a currency, asserting that the group is prioritizing joint investments rather than replacing the U.S. dollar in global...
ADB lowers South Korea’s 2025 growth forecast to 2 percent
The ADB lowered South Korea's 2025 growth forecast to 2%, citing a semiconductor slump despite rate cuts and policies. The projection aligns with IMF and...
UAE and Costa Rica forge historic economic partnership
Marking an economic milestone, UAE and Costa Rica sign a key trade accord, signaling a new era of collaboration and growth for both nations....