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Refined Petroleum Import of Ivory Coast: The Information of the Top Trade Partners in 2024

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Ivory Coast, situated in western Africa surrounded by Liberia, Burkina Faso, and Ghana in the north and east direction, has emerged as a top importer of refinery petroleum in the international trade market. Ivory Coast Export Data says, the growth rate of the national fuel consumption is expected to be 6% in 2024 with an approximate 65,000 barrels per day, accompanied by the up gradation of the refineries, which has boosted the import rate. For the optimal operation of existing plants, several crude oils are being demanded from the domestic authorities to align the crude feedstock in transition phases, contributing to the increase in imports. The regional supply hub emergence, due to the aim of Ivory Coast to become a West African refining hub, has also been fueling the import levels in a temporary manner, as the country has been expanding its refinery output capacity. The efficient production rate of the industrial sectors and the substantial dependency on imports accompanied by the ...
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Mineral Fuels Import of Turkey: The Trade Analysis of 2024

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Turkey, based at the crossroads of Europe and Asia surrounded by Greece, Georgia, Armenia, and Iraq in the Northwest, Northeast, east, and southeast directions has recorded itself as a topmost importer of mineral fuels in the global trade market. Turkey Export Data says, the strategic geographic location of the nation within the crossroads of Europe, Asia, and the Middle East has made it a transit trade hub for crude oil and diesel imports from leading exporters like Russia. Apart from the geographic location, the effective interaction of the management firms has led to a total import of LNG worth 400,000 barrels per day in 2024. The industrial expansion via the effective production capacity of the manufacturing units and the stronger economic ties with Russia with the active strategies for diversification, has led to a total annual valuation of imports worth 42 billion US dollars in 2024. Import Globals with its Turkey Trade Data provides a detailed analysis of the overall valuation ...
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Plastics Import of Russia in 2024: Brief Information of the Top Trade Partners

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Russia, situated in Eastern Europe and Northern Asia has recorded itself as a leading importer of plastics in the global trade market. The lack of domestic production despite the growing demand in specific categories like automotive and construction units has led to a hike in the overall imports of Plastic. The hike in the import volumes is also driven by the strong demand from the food and beverage packaging industries. The automotive sector revival and the sanctions by the government authorities forcing the supply chain reconfiguration fuel the overall revenue rate. The currency volatility and inflation influenced by the low-cost suppliers and the regulatory import tariffs fostering the relentless access in different central regions across the globe have led to an import trade value of plastic worth 23 billion US dollars. Import Globals with its Russia Export Data gives proper detailed information of the overall amount of plastics imported in the nation; highlighting the potential m...
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Chemicals Import of Mexico: The Trade Analysis of 2024

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Mexico, in the southern part of North America, has been emerging as a leading importer of chemicals in the international trade market. The country, surrounded by the United States, the Pacific Ocean, Guatemala and Belize in the north-south and southeast direction, has recorded an increasing trajectory of chemical imports via the increase in domestic demand. Mexico Export Data says, the collapse of domestic chemical production and feedstock shortages has facilitated the production of different operations responsible for an adequate amount of chemical production in the industrial sector. Limited feedstock availability has contributed a substantial share. The electronic sector, accompanied by the other manufacturing units, accounting for 20% of the GDP share, has been demanding a diversification of chemicals to produce the globally sought-after commodities relentlessly. The growing middle-class population of Mexico and the rising disposable incomes, with the exchange rate, market dynamic...
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Vehicles Import of the Philippines: The Trade Analysis of 2024

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The vehicle import of the Philippines has increased in 2024. The limited local production and the supply chain constraints have led to an import of over 80% of the vehicles demanded by the domestic population. Philippines Export Data says, the entry of Chinese brands like BYD, MG, Geely, Cherry, and Jitor with competitive pricing and fresh models has expanded the import volumes of the Philippines. The thriving electric vehicle industry due to the increasing demand from the domestic population has prompted rapid growth. The lower modification rate of the technologies used in manufacturing sectors and the growing demand of the domestic population regarding the latest vehicles has resulted in an import trade value of automotive essentials worth 8 billion US dollars in 2024. Import Globals with its Philippines trade data gives a detailed analysis of the overall valuation of vehicles imported in 2024. The statistical analysis of the year-by-trade increase in imports highlights the potentia...
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The Bilateral Relationship Between Singapore and Vietnam in 2024

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The year-on-year increase in the non-oil domestic exports, driven mostly by the surge in electronics like integrated circuits, media, and personal computers has contributed substantially towards the bilateral relationship of Singapore and Vietnam. The global chip and data center demand, accompanied by the increase in medical equipment exports and aerospace component exports to the Asian region and Middle Eastern markets has led to increasing stability of both the nations. The booming agro-exports and the diversified manufacturing and electronics surge of Vietnam have catered to the increasing stability of both nations. The modification of the Economic Connectivity Framework signed in 2005 and the expansion of Vietnam-Singapore industrial parks via the Plans for VSIP 2.0 with new parks launched in provinces has led to a facilitation of bilateral relations. The Vietnam trade data has reported that the country has exported goods worth 12 billion US dollars to Singapore in 2024. Import Glo...
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Lithuania Export Data: The Trade Analysis of 2024

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Lithuania, a country located in northern Europe on the southeastern coast of the Baltic Sea, surrounded by Latvia, Poland, and Belarus in the north, east-and-south direction, is emerging as a thriving exporter of global essentials in the international trade market. Lithuania Import Data says the strategic manufacturing upgradation of the industrial unit and the automation of the electronics industry fuelled up the revenue rate. The highly skilled workforce and strong FinTech ICT growth with a well-educated population, proficient in English, have provided a robust foundation for the export-driven sector. The modern infrastructure and strategic trade position have led to diversification while enabling efficient logistics and energy security for exporters. The hike in the global demand for different essentials from the management firms of Lithuania has recorded an increase of 5.4% in export services, resulting in an export trade value of 42 billion US dollars in 2024. Recent trade statis...
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