Understanding the Dip For the first time in two years, gas exchange prices in Europe have dipped below the $300 per thousand cubic meters mark as reported by the Intercontinental Exchange (ICE). On May 20, 2023, gas futures at the Title Transfer Facility (TTF) hub in the Netherlands fell by 3.3% to $297.06 per thousand … Read more
The Dominance of Ukrainian Oilseeds in EU Market In the 2022/23 marketing year, Ukraine emerged as the leading supplier of sunflower seeds, rapeseed, sunflower meal, sunflower, and soybean oil to the European Union. This significant import increase, up 68% from the previous season to 9.8 million tons, reshaped the EU’s import landscape for oilseeds. The … Read more
The European Union (EU) has played a pivotal role in shaping the global trade landscape since its inception. Over the years, the EU has evolved from a primarily economic partnership into a political and economic powerhouse, influencing international trade policies and establishing strong trade relationships with countries across the globe. In this article, we will … Read more
Strengthening Ties between the EU and NAFTA In recent years, the landscape of international trade has been rapidly transforming. With globalization and technological advancements, countries have become more interconnected than ever before. This interconnectedness has led to a surge in the number of trade agreements between various countries and trading blocs, such as the European … Read more
Customs procedures and documentation are critical aspects of international trade that every exporter and importer must understand and comply with to ensure the smooth movement of goods across borders. Each country has its unique set of customs regulations, which can make the process complex and time-consuming for busy traders. This comprehensive guide provides a country-by-country … Read more