Import Globals

Singapore diners really love one thing that is eggs. In the year 2020, the per capita consumption of eggs was 388 eggs, up from 307 eggs in 2011. As a country they consume 2.21 billion eggs last year. As per Global Import Export Data , to feed our love for eggs, the Singapore food Agency SFA imports up to 74% of the eggs came from Malaysia, followed by small percentage from Australia, Japan and New Zealand. Japanese egg producer ISE food holdings will set up Singapore’s fourth egg farm which will be operational in the year 2026 and will produce 360 million eggs in a year. Malaysia was the main country from where eggs were imported in Singapore and about 72% of the eggs imported were from Singapore. As per USA Export Data , currently 11 countries have been approved to export eggs to Singapore they are Australia, Denmark, Japan, Malaysia, New Zealand, Spain, Sweden, South Korea, Thailand, Ukraine and the United States. As of the year end 2019, approximately 30 million eggs have come from...

As per Indonesia Export Data , the export for the country for the years 2019 and 2018 stands at values $168 billion and $180 billion. The total value of Indonesia exports for both years had a decline in 7% as compared the total value during 2019 and 2018. The main exports of the country are mineral fuels and oils. The country ranked at 32nd among the top exporters all across the globe. The major exports of Indonesia are Mineral fuels and oils, animal vegetable fats and oils, electronics, vehicles, iron and steel and so on. The least demand product for exports as per Indonesia custom data is footwear, gaiters etc. As per China Import Data , China ranks at Number one position export partner of Indonesia. Major exports partners of Indonesia are China, USA, and Japan. As per Indonesia Import Data , the country ranks the 30th among the top importers of the world. The major imports of the country are Industrial machinery and parts followed by mineral fuel and oils, electronics, iron and stee...

Sri Lanka is going to great energy crisis. To combat this crisis the country has chosen to buy 40,000 metric tonnes of petrol and diesel from Indian Oil Corporation, as per Sri Lanka Import Data . Indian oil has been operating in Sri Lanka since 2002. The Ministry of energy of Sri Lanka has considered purchasing 40,000 metric tonnes of diesel and 40,000 metric tonnes of gasoline with the IOC. As per India Import Data , the Indian Oil Corporation has agreed to supply shipment of 40,000 metric tonnes of diesel. Sri Lanka is currently experiencing a severe foreign exchange crisis as it reserves continue to deplete. Due of money scarcity to pay for imports, the country is experiencing a shortage of practically all essentials. Power cuts are imposed during peak hours due to lack of fuel to drive turbines by state power agency. As the electricity board has large unpaid bills, the state fuel entity has halted oil derivatives. Due to lack of funds to pay for crude imports in dollars only refin...

As per the Kenya Import Data , the country stood at 81st position all across the globe during the year 2019. As per the data the country imported goods valued USD 17,220 million in 2019. This figures showed a decline from the previous year of import value USD 17,380 million in 2018. As per the custom data the major imports of the country are mineral fuels and oils, machinery, electrical machinery and equipment, vehicles, iron and steel, cereals, and plastics. The top import partners of the country are China, India, United Arab Emirates, Saudi Arabia, Japan, South Africa, United States and Indonesia. As per Kenya Customs Data the country was the 105th top exporter all across the globe. Kenya exported goods valued USD 5,836 million in the year 2019, this figure was down by 43.1% as compared to previous year. The country shipped products worth USD 6,049 million in 2018. The major exports of the country are coffee, tea, spices, live trees, mineral fuels and oils, not knitted apparel and cl...

As per India Import Data , India could witness the biggest increase in the energy demand all across the globe over the next 20 years with the potential for oil consumption increasing as high as 4 million b/d to 8.7 million b/d by 2040. This sharp surge in energy demand predicted over the next decade will make the country to import more petroleum oil and coal as renewable energy on its own may not be able to cater the entire incremental demand. India Export Data shows petroleum oil and coal together accounts for 70% of India’s energy basket in which petroleum liquids share 25% and coal share 45%. However, the imports of petroleum liquids in India reduced in April, May, and June in period of Jan – Jun 2021. The top import sources of petroleum oil are South Korea, United Arab Emirates, Singapore, Qatar, Saudi Arabia, United States, Iran, Oman, Taiwan and Netherlands. As per the Import Export Data the coal imports of the country fluctuated in first 6 months of 2021. Except in the month o...

The shift of the country from a centrally planned to a market economy has transformed the country from one of the poorest in the world into a lower middle income country. Vietnam is one of the most dynamic emerging countries in East Asia region. The solid foundations laid down by the government to boost the economy has proven resilient through different crisis, the latest being Covid-19 pandemic. In the pandemic era, Vietnam was only a few countries to post GDP growth. Vietnam has grown bolder in its development aspirations aiming to become high income country by 2045. The market-oriented economic reforms of the government has supported Vietnam’s shift from a largely agricultural economy to a modern economy based on FDI led manufacturing, transforming it in the process from one of the poorest countries in the world to a lower middle income country. Between 2015 to 2019; the economy of Vietnam grew at an average rate of around 7% per annum, buoyed by export-oriented manufacturing activi...

Turkey occupies a unique geographic position, lying partly in Asia and partly in Europe. The country is the biggest exporter of cars, automotive parts or accessories, trucks, refined petroleum oils and jewellery. In aggregate the major exports account for 15% of overall exports sales from Turkey. As per the Turkey Export Data , goods exported by Turkey are $15.6B and imported $ 19.8B, resulting in negative trade balance of $4.26B. Between July 2020 and July 2021 the exports of Turkey have increased by $ 1.43B from $14.1B to $15.6B, while imports increased by $2.69B from $17.2B to $19.8B. The major trading partners for exports were Germany, United Kingdom, Iraq, Italy and United States. Germany was the leading export partner of Turkey in 2019. The country is an emerging market economy. The country ranks 29 in terms of exports. The bulk of the country’s economy is made up of a diversified services sector including real estate, tourism, financial services, education and health. Industries...