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Economy Nov, 22, 2024 0

Shipping Costs for a Container from China Surge 250% to $7,500 Amid Rising Demand and Port Congestion

Until March, the freight for a 40-foot container cost around $3,000, but now it has reached $7,500, representing a 250% increase in less than a year. According to Rodrigo Giraldelli,…
China
Economy Nov, 21, 2024 0

Brazil pursues “shared future” with China, skips Belt and Road

Brazil’s President Lula and China’s top leader, Xi Jinping, signed a joint declaration on Wednesday (20) elevating their bilateral relationship to a “Brazil-China Community of Shared Future for a More…
Economy Nov, 19, 2024 0

Paraguay records US$ 57 million foreign trade surplus in October

Central Bank of  Paraguay (BCP) foreign trade (Comex) report released Wednesday in Asunción showed a US$ 57.1 million surplus last month after exports amounted to US$ 13.6649 billion against imports worth US$…
Ports and Terminals Nov, 18, 2024 0

Megaport opens up Latin America to Chinese trade as US looks on

As the world waits to see how the return of Donald Trump will reshape relations between Washington and Beijing, China has just taken decisive action to entrench its position in…
agribusiness
Economy Nov, 14, 2024 0

Brazil’s Agribusiness Exports Set October Record at US$ 14.27 Billion, Driven by Meats, Coffee, and Sugar

Brazilian agribusiness exports set a new record for the month of October, reaching US$14.27 billion. This amount represents a 6.2% growth compared to US$13.43 billion in October 2023. The result…
Trade Regulations Nov, 13, 2024 0

Brazil slashes import tax on 13 products

The Brazilian federal government has reduced or lifted import taxes on 13 products in different categories via a ruling from the Executive Management Committee of the Foreign Trade Chamber (Gecex-Camex),…
Economy Nov, 07, 2024 0

Economic upturn boosts imports, trims trade surplus

Driven by an economic upturn, imports have surged beyond expectations at the start of the last quarter of the year. The increase in imports in October continues a trend that…
Acordo Brasil-EUA - Brasil-USA Trade Deal
Economy Nov, 07, 2024 0

Trump’s protectionist push poses challenge for Brazil’s agribusiness

Donald Trump’s election raises the possibility of a global “protectionist spiral” and a shift toward bilateral trade relations, posing challenges for Brazil’s agribusiness on the world stage, experts say. During…
Economy Nov, 07, 2024 0

US suppliers, importers prepare for promised Trump tariffs

Some U.S. businesses are activating plans to protect their businesses from President-elect Donald Trump’s promise to slap new and potentially hefty tariffs on a wide swath of goods from countries…
Economy Nov, 06, 2024 0

Analysis: Impact of Trump’s victory on Brazil-China deal talks

The return of Donald Trump to the U.S. presidency arises amidst a sensitive diplomatic issue on Brazilian soil: Chinese President Xi Jinping is set to arrive in Brasília on November…