Export-Import Metrics

UAE 2024 Trade Report — A Nation That Doesn’t Just Trade, It Engineers Global Advantage The latest WTO Global Trade Outlook & Statistics 2024 confirms what strategists have long observed: The UAE is no longer a participant in global trade it’s an orchestrator. Why is this significant? Because in a year where global trade growth fell to 0.8%, the UAE surged ahead, turning volatility into value through a model built on non-oil diversification, digitalization, infrastructure, and re-export strategy. Let’s analyze the core metrics: AED 5.23 Trillion – Total Foreign Trade Volume (2024) 1. Equivalent to USD 1.42 trillion 2. Represents one of the highest trade volumes per capita globally 3. Solidifies UAE as a top 20 trade power globally AED 492.3 Billion – Trade Surplus 1. AED 134 billion increase from 2023 2. Surplus growth rate: 37.4% YoY 3. Trade surplus now equals 9.4% of total trade volume — a global efficiency benchmark AED 2.22 Trillion – Goods Exports 1. AED 603 billion in non-oil exports 2. 42% growth in non-oil trade YoY 3. Key non-oil sectors: industrial machinery, base metals, chemicals, food security products 4. Oil dependency significantly reduced aligning with UAE Vision 2031 AED 650 Billion – Services Exports 1. AED 191 billion from digital services (30% of services total) 2. UAE ranks 13th globally in services exports 3. High-performing verticals: IT, fintech, consulting, aviation, tourism, logistics tech 4. Digital economy increasingly becoming a core export engine AED 1.01 Trillion – Imports 1. 94% of imports are intermediate or capital goods 2. This signals a productive, re-export-driven economy 3. Low consumer goods dependency, high industrial utility — a shift toward high-value trade cycles UAE’s Share in Global Trade 1. 2.5% of global goods exports 2. 2.2% of global goods imports 3. Accounts for 41.4% of all Middle East exports (from $1.5T regional total) 4. UAE is the single largest export contributor in the Arab world Strategic Insights: • Re-export Powerhouse: Jebel Ali, KIZAD, and free zones now form one of the world’s most efficient cross-border logistics networks • Digital Trade Leadership: UAE’s 30% digital services export ratio places it among global digital economy leaders • Trade-Driven Sovereignty: With a surplus of nearly half a trillion dirhams, the UAE ensures fiscal and geopolitical leverage This Is Not Trade Growth — This Is Economic Reinvention While the world reacts to trade disruption, the UAE designs around it. • From oil exports to intellectual and digital exports • From consumption to production and re-export • From regionally important to globally benchmarked When trade is built on data, foresight, and diversification it becomes more than policy. It becomes power. Under the visionary guidance of our leadership, the UAE is not just raising its flag on global trade routes it is setting new global standards for what an Arab nation can build, lead, and inspire in the 21st century.

New US trade data is out. The table below shows monthly import values and average applied tariffs for countries with at least $30bn exports to the US in 2025. Some observations: 1️⃣ China faces by far the highest duties. Tariffs in excess of 40 percent led to a drastic reduction in monthly US imports from 41.2bn in January to 17.6bn in June. 2️⃣ Tariffs on the Big-4 European nations vary between 7.9 and 11.8 percent in June. German exports are on the upper end of that spectrum, British ones at the lower end. 3️⃣ Despite having a free trade agreement with the US, Korean exports now face an average applied tariff of 12.4 percent, up from 0.2 percent in January. 4️⃣ Swiss exports of gold have come down a lot, driving overall US imports from Switzerland down to 3.9bn in June, from 23.8bn in January. The average applied tariff of only 4.9% is skewed by pharmaceuticals which so far have been exempted from tariff hikes. 5️⃣ Mexico and Canada - next to China the key source countries of US imports - still face relatively low applied tariffs. From virtually zero percent at the beginning of 2025, rates went up to 2.4 percent (CA) and 4.0 percent (MX). ➡️ Total monthly US imports have decreased from 321bn in January to 258bn in June. Total monthly duties collected went from 7bn in January to 24bn in June. The average applied tariff on all imports increased from 2.2 percent to 9.1 percent. Overall, in 2025 the US imported goods worth $1'758bn and collected $94bn in tariffs. --- All data from USITC: https://dataweb.usitc.gov/

I see it every single day: Businesses struggling with trade compliance. Missing out on efficiency, facing delays, and risking penalties. Trade compliance isn't just about following rules. It's about making your operations smoother and more cost-effective. Here are 9 essential trade compliance metrics to consider: 1. **Accuracy Rate of Import/Export Documentation**     High accuracy reduces the risk of customs delays and penalties. Aim for near-perfect documentation. 2. **Customs Clearance Time**     Track the average time for customs clearance. Faster clearance means fewer disruptions. 3. **Level of Adherence to Trade Agreements**     Ensure compliance with trade agreements. Meeting obligations keeps you in good standing. 4. **Number and Severity of Compliance Incidents**     Monitor compliance violations. Fewer incidents mean lower risk. 5. **Percentage of Shipments Audited or Investigated**     Measure how many shipments face audits. Effective monitoring reduces this percentage. 6. **Compliance Audit Success Rate**     Track successful audits. High success rates show effective compliance programs. 7. **On-Time Compliance Filings Percentage**     Submit filings on time. Punctuality maintains regulatory good standing. 8. **Number of Regulatory Changes Monitored**     Keep up with regulatory changes. Proactive monitoring helps you stay compliant. 9. **Employee Training Sessions on Compliance**     Hold regular training sessions. Well-trained employees foster a culture of compliance. By monitoring these metrics, organizations can identify areas for improvement, ensure adherence to regulations, and enhance overall business performance in trade compliance. CTA: Don’t let compliance issues derail your business. Use these metrics to stay ahead.

📊 Import #prices rose 0.4% in October and November combined, after a downwardly-revised -0.1% decline in September. Import prices do not include the cost of tariffs, which are charged after the good crosses into the US. The data on import prices have shown little cost sharing of the tariffs with the foreign exporter via discounting, with import prices up 0.1% year-over-year. Export prices rose 0.5% over the two months and are up 3.3% year-over-year. 🔹Similar to the CPI, import and export prices use a combination of survey and nonsurvey data. Survey data could not be collected in October. October data, particularly for noncommodity imports and exports, is unavailable. 🔹Import prices excluding fuels were up 0.6% in Oct/Nov, the largest two month increase since April 2024, while petroleum-related import prices fell -4.2%. The biggest driver of the nonfuel increases were higher prices for industrial supplies and capital goods, products that are inputs into production. Metals, finished metal shapes, advanced manufacturing materials, computers and semiconductors all moved higher. That is in addition to steel and aluminum tariffs that are paid at the border; metals tariffs have led to global price increases. That was partially offset by a 2% decline in food import prices, along with lower prices for automotives and final consumer goods. 🔹There was significant variance in overall import prices by locality of origin. Higher prices for high-tech goods drove prices from Taiwan and Japan higher, up 1.7% and 1.0% in the two months, respectively. The ASEAN region was also up 0.6%, and Latin America was up 0.5%. Canada climbed 0.2% in the two months but has generally been down throughout the year. Meanwhile, prices from China declined -0.4%, the EU was down -0.3%, the UK down -0.2% and Mexico down -0.1%. 🔹Prices for airfares traveling abroad increased 4.3% year-over-year, the largest annual increase since April 2024. International airfares had been climbing as of September, particularly in higher prices to Europe. 🔹Export prices rose 0.5% for the two months ending in November; both agricultural and nonagricultural goods rose. The largest contributor was consumer goods, followed by capital goods and automotives. This trend is one of the reasons why the trade deficit has not declined as much as people expected; higher input costs for manufacturers via tariffs and lower competition for protected industries makes US exports more expensive. #Trade #Economy #Inflation

The latest USDA Export Sales report shows another solid week, with ~330,000 metric tons of SBM exports. Major destinations included the Philippines, Mexico, Colombia, and Morocco. This brings cumulative 2025/26 exports to nearly 5.5 MMT as of January 22. If the final week of January holds a similar pace, monthly shipments could reach ~1.5 MMT. Looking at combined GATS and Export Sales data, October-January exports are running near 6.2 MMT, compared with 5.8 MMT over the same period last year, already ~7% year-over-year growth. SBM exports continue to impress. Funny how that works when prices are competitive, and global demand for protein feed remains strong. As I’ve written in my latest report, global SBM demand appears stronger than USDA currently projects, and the current U.S. export pace supports that view. At this point, USDA’s export forecast of 17.6 MMT for 2025/26 may prove slightly conservative, but it's a solid projection. From here, the math is as follows: 📈Average ~1.4 MMT/month (Feb–Sep) meets USDA’s number 📈~1.47 MMT/month gets the U.S. to 18.0 MMT 📈~1.5 MMT/month pushes exports closer to 18.3 MMT Those are not aggressive assumptions; however, this matters in the broader global context. China is clearly buying fewer U.S. soybeans than it used to, and that is structural, not temporary. At the same time, Brazil is once again staring at a massive crop, with early projections pointing toward another “big crop, big tails” scenario (some say 180-182 MMT): large production followed by heavy export pressure well into the U.S. selling season in the fall of 2026. That combination will put ongoing pressure on U.S. soybean exports and reinforce the need to absorb more domestic supply through crush. And the logic is there: strong demand for soybean oil (both food and biofuels), steady growth in livestock feed demand (pork, poultry, eggs), and a global protein market that continues to expand. The challenge, of course, is that crush capacity doesn’t expand overnight. These are long-term, capital-intensive decisions that require stable policy signals for both agriculture and biofuels. Without that stability, we risk revisiting the same conversation year after year, especially as Brazil continues to grow and capture incremental soybean demand. For those interested in a deeper dive, I recently published a two-report soybean meal bundle that: Reviews 2024/25 global SBM trade performance Reassesses 2025/26 export and import projections Breaks down U.S. SBM export growth by destination Evaluates global supply from the U.S., Brazil, Argentina, and smaller exporters Includes a first look at the 2026/27 U.S. SBM balance sheet 👉 You can find the bundle here: https://lnkd.in/eXUcVN-8 Curious to hear: where do you see U.S. SBM exports landing in 2025/26? #SBM #soybeanmeal #crush #USsoy #agtrade

An unprecedented sprint in goods shipping continues. Vietnam's data shows March and April 2025 set new export and import records. For the first four months of 2025: - Exports hit over $140 billion, up 13%. - Imports reached $136.5 billion, up 19%. Key product categories saw strong growth. Major imports like electronics, computers, and components rose over 35%. Machinery, equipment, and spare parts increased over 24%. Key exports in electronics, computers, and components also jumped over 36%. Regarding trade partners, Vietnam boosted imports from China by 26.5%. Both exports to and imports from the U.S. grew strongly, each over 25%. Graphs: (1) Vietnam's Monthly Export and Import Values (2) Imports by Country (First 4 Months) (3) Exports by Country (First 4 Months)

Tanzania's export and import price indices for the second quarter ended June 2024. 1. Export Price Index (XPI) recorded a 2.8% growth in the second quarter of 2024, propelled by heightened prices in commodities including gold, fish, tobacco, and sisal. Over the past twelve months, XPI has improved by 11.6%, signifying robust export performance. This growth is predominantly attributed to the gold, fish, and coffee sectors, which flourished due to global market demand, supply limitations, and international price fluctuations. 2. during the same quarter, Import Price Index (MPI) increased by 1.6%, largely owing to mounting global prices for mineral fuels, vegetable oils, vehicles, and machinery. On an annual basis, the MPI increased by 3.6%, with distinct increases in pharmaceutical products and oil bills due to disruptions in supply chains. 3. The Terms of Trade (ToT) improved by 1.2 points to 110.6 suggesting an enhanced capacity for Tanzania to procure more imports per unit of exports, reflecting the strength of export prices relative to import costs. This illustrates that Tanzania is capitalizing on favourable export prices, particularly with key commodities like gold and fish, while contending with a moderate increase in import expenses for essential goods such as fuels and machinery.

➗ Surplus Plus ➕ 📈 Vietnam’s total import-export turnover reached $432.03 billion in the first half of 2025, marking a 16.1% increase compared to the same period last year. 💰 The country's export earnings grew by 14.4%, while its import turnover rose by 17.9%, resulting in a trade surplus of US$7.63 billion, the National Statistics Office (NSO) under the Ministry of Finance reported on Saturday. 🗓️ In June alone, the export turnover surged by 16.3% year-on-year. The domestic economic sector saw a decrease of 5.7%, while the foreign-invested sector, including crude oil, surged by 24.4%. 💵 The export value in the January – June period stood at $219.83 billion, up 14.4% year-on-year. The domestic sector contributed $58.28 billion (up 9.4%), accounting for 26.5% of the total export turnover, while the foreign-invested sector, including crude oil, accounted for $161.55 billion (up 16.4%), making up 73.5% of total exports. 💹 During this period, 28 export items surpassed the $1 billion mark, making up 91.7% of total export value. Nine of these items exceeded $5 billion, accounting for 72.3%. 🏭 By sector, processed industrial goods remained the dominant export category, generating $194.28 billion (88.4% of the total). Agricultural and forestry products contributed $19.12 billion (8.7%), seafood reached $5.11 billion (2.3%), and fuel and mineral products totaled $1.34 billion (0.6%). 🔁 On the import side, Vietnam spent $212.2 billion on imports in the last six months, an increase of 17.9% year-on-year. 🧮 Thirty-three imported items exceeded $1 billion in value, comprising 89.0% of total imports, while six others surpassed the $5 billion mark, accounting for 56.8%. 🏆 The U.S. remained the largest importer of Vietnamese goods in the first half, with turnover reaching $70.91 billion. Meanwhile, China continued to be the country’s biggest import source, with imports valued at $84.7 billion. 🇺🇲 Vietnam achieved a trade surplus of $62 billion with the U.S., a 29.1% increase from the previous year, while its surplus with the E.U. expanded by 11.6% to $19 billion. Notably, the country’s trade surplus with Japan hit $1.2 billion, surging by 69.1% compared to the same period in 2024. 💡 However, Vietnam continued to run trade deficits with several major partners in the reviewed period, including China ($55.6 billion, up 42.2%), the Republic of Korea ($14.6 billion, up 0.1%), and ASEAN ($7.5 billion, up 67.4%). https://lnkd.in/gBusGXDh

Indian Export-Import Trends Over the Last 15 Months for Top 25 Items at the HS Code Level Key Takeaway: Imports of Mobile Phones and Photovoltaic Cells Contribute to Doubling the Value of Imports Compared to Exports. Summary Overview: Total Imports: $841 Billion Total Exports: $551 Billion Trade Deficit: $290 Billion Detailed Electronics Analysis: Top Exports: Smartphones: Ranked 4th with $19.3 Billion Photovoltaic Cell Modules: Ranked 23rd with $2.4 Billion Total Electronics Exports: $21.7 Billion Top Imports: Monolithic ICs: Ranked 6th with $17.2 Billion PCs & Laptops: Ranked 15th with $5.7 Billion Mobile Components: Ranked 17th with $5 Billion Photovoltaic Cell Assembly for Mobiles: Ranked 19th with $4.6 Billion ICs and Modules: Ranked 20th with $4.5 Billion Memory Units: Ranked 23rd with $4.3 Billion Total Electronics Imports: $41.3 Billion Conclusion: In the electronics sector, India's imports in the top 25 categories amounted to $41.3 billion, while exports, including significant items like mobile phones, totaled $21.7 billion. This indicates that the import value is nearly double that of exports, highlighting a significant trade imbalance in high-tech goods. #TradeData #ImportExport #ElectronicsTrade #IndianEconomy #TradeDeficit #HighTech #GlobalTrade #EconomicTrends #BusinessIntelligence

The Census Bureau reported that the US trade deficit in goods and services fell by $18.8 billion to $29.4 billion in October. This is the lowest level since 2009. October exports rose by $7.8 billion to $302.0 billion while imports fell by $11.0 billion to $331.4 billion. Exports were led by gains in industrial supplies and materials as pharmaceuticals, consumer and other goods fell back. Exports of services increased. Imports of capital goods (computers, telecommunications equipment, etc.) increased while imports of pharmaceuticals, consumer goods, and industrial supplies and materials decreased. On a country/region basis, the largest deficits were recorded with Mexico (-$17.9 billion), Taiwan (-$15.7 billion), Vietnam (-$15 billion) and China (-$13.7 billion). The trade gap with the EU narrowed sharply to $6.3 billion. We had surpluses with Switzerland ($7.3 billion), the UK ($6.8 billion, and Brazil ($2.7 billion), among others. The reduction in the trade deficit reflects both weak domestic demand and also the effects of the tariffs. Note that tariffs led to significant swings in trade flows, particularly in non-monetary gold and pharmaceutical products.