Category: international trade
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Is There a Real Alternative to China in Apparel?
The global apparel industry is undergoing a significant transformation as retailers and fashion brands re-evaluate their sourcing strategies to reduce dependency on China. The reasons are manifold: rising labor costs in China, increasing geopolitical tensions, trade tariffs, and the desire to diversify supply chains following the COVID-19 disruptions. But the…
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India’s Free Trade Agreements: Which Ones Matter Most and Why
India’s growing role in the global economy has been significantly influenced by its proactive stance in signing Free Trade Agreements (FTAs) and Comprehensive Economic Partnership/Cooperation Agreements (CEPA/CECA). These agreements serve as crucial tools in expanding market access, attracting investment, and enhancing India’s competitiveness in both regional and global trade landscapes.…
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How the India-EFTA Trade Agreement Will Boost Indian Exports to Europe
The India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA), signed in March 2024, marks a pivotal milestone in India’s global trade strategy. It is poised to provide Indian exports with unprecedented access to some of Europe’s wealthiest markets—Switzerland, Norway, Iceland, and Liechtenstein. More than just a trade…
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“Global Retail and Wholesale Trade: Driving Growth and Innovation in 2025 and Beyond”
The retail and wholesale trade industry, a cornerstone of the global economy, is projected to see significant growth in the coming years. In 2025, the combined global market for retail and wholesale is valued at approximately $92.6 trillion, up from $85.8 trillion in 2024, reflecting a compound annual growth rate…
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Driving the Future: Overview of the Global Transportation Industry in 2025
The global transportation industry in 2025 is a massive and dynamic sector, with its market size estimated between $7.52 trillion and $9.77 trillion, depending on the scope of inclusion—whether transport services alone or in combination with transport equipment and operational infrastructure. Looking ahead, this sector is projected to surge to…
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A Closer Look at the U.S. Trade Deficit Shift in April 2025
The United States’ international trade landscape experienced a significant shift in April 2025, as reported by the U.S. Census Bureau and the Bureau of Economic Analysis (BEA). The country’s goods and services trade deficit narrowed sharply to $61.6 billion, a dramatic decline of $76.7 billion from March’s revised figure of…
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Mapping India’s Agricultural Exports
India’s agricultural export landscape continues to showcase its strength as a global agri-trade powerhouse. As of 2025, Indian agri-products are reaching an impressive array of destinations worldwide, a reflection of both India’s natural agro-climatic diversity and its expanding trade relationships. This blog presents a product-wise breakdown of major Indian agricultural…
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From Farm to Foreign: Fixing India’s Cotton and Apparel Chain to Realize the USD 100 Billion Export Dream
India’s textile and apparel sector is one of the oldest and most diverse industries in the country. Known as the 5Fs—Farm, Fibre, Fabric, Fashion, and Foreign—this sector is a vital pillar of India’s economic architecture. It contributes 2.3% to GDP, employs over 45 million people, and accounts for 12% of…
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