Import/Export News

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Exports, imports dip, trade surplus up in March: StatsCan

Thu, 10 May 2012 13:43:08

CTV.ca
The trade surplus rose slightly from the previous month to $351 -- lower than the $500 million expected -- due to the fact that imports fell more than exports, Statistics Canada said Thursday. In terms of value, imports declined 0.6 per cent to $39.1 ...

Import

Tue, 15 May 2012 21:05:43

The Hill (blog)
By Daniel Strauss - 05/15/12 04:58 PM ET The Senate passed legislation reauthorizing the Export-Import Bank on Tuesday after voting down five amendments that would have limited the program's scope and power. The passage of the bill, in a 78-20 vote, ...

India's widening trade gap alarmingly high

Sun, 20 May 2012 18:51:39

Deccan Herald
A whopping $185 billion trade deficit - the gap between a country's exports and imports - in the last financial year (2011-12), which was around 9 to 10 per cent of the country's gross domestic product (GDP), speaks volumes about the impact of global ...

In Show of Bipartisanship, Congress Votes to Reauthorize Export

Sun, 20 May 2012 19:40:52

KUNC
By Erin O'Toole The US Senate this week voted to reauthorize the Export-Import Bank, after rejecting efforts to weaken or abolish the institution's power. The little-known federal agency has helped a number of Colorado companies boost export sales.

Gold jewellery imports may attract 4% countervailing duty

Sun, 20 May 2012 17:20:16

Business Standard (blog)
The body handles issues related to jewellery export and import. Thailand is not known as a jewellery producer. Therefore, most of the imports actually originate from China and Malaysia and are routed through Thailand. However, Thailand is an emerging ...

Wheat exports to Iran near certain; to help settle fuel import bill

Fri, 18 May 2012 23:00:29

Economic Times
NEW DELHI: The government is working out the details of wheat exports to Iran, a move that can help India settle part of its fuel import bill with the oil-rich nation and also reduce its grains stockpile at warehouses. New Delhi is keen on increasing ...

Value added exports: Mixed reactions to tea imports

Sat, 19 May 2012 19:43:36

Sunday Observer
By Lalin FERNANDOPULLE The import of tea for value added exports will help the tea industry to gain a competitive edge and boost the image of Pure Ceylon Tea, said Tea Exporters Association ( TEA) Chairman, Niraj De Mel opposing the views of certain ...

Kenya's exports to region up 34 pc

Sat, 19 May 2012 16:58:42

East African
The country remains Kenya's main source of imports within the EAC bloc. “On the international market, prices for tea, horticulture and coffee led to increased export performance ,” said Mr Oparanya. Imports from Uganda slowed down, growing by 12.11 per ...

El Paso applies for US LNG export license from Elba Island

Fri, 18 May 2012 16:32:02

Reuters UK
After years of overseeing regular imports to Elba Island, El Paso, like dozens of other companies, is hoping to make the most of a US supply glut by instead exporting LNG, which is natural gas cooled to a liquid for transport by tanker, ...

Rupee fall exports boon, imports bane

Sat, 19 May 2012 01:31:33

Indian Express
"Large number of exporters are importing. If not importing they buy from dealers. In the long term, exporters would gain and they would be benefited," he said. Gems and Jewellery Export Promotion Council (GJEPC) said the lowering of rupee against ...