Tag: Exports
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Uganda’s Coffee Exports Surge: A Boost for the Economy
Overview: A Remarkable Jump in Uganda’s Coffee Exports Uganda’s agricultural sector is buzzing with a rare lift for the economy as official data show a 59% year-on-year rise in coffee exports for September. The surge, reported by the agriculture ministry, reflects a combination of strong global demand and a bumper harvest at home. Coffee has…
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Canada Exports Fall as Tariffs Hit Trade in Q2 2025
Canada’s Exports Slide as Tariffs Weigh on Trade Canada’s export sector faced a sharp pullback in the second quarter of 2025, driven by new U.S. tariffs on key goods and weakened global demand. Statistics Canada data show exports declining by 7.5% in Q2, marking the largest quarterly drop since 2009 outside the pandemic period. The…
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South Korea Q3 GDP Surges, Fastest in Over a Year
Strong Q3 Growth Beats Expectations South Korea’s economy expanded at its fastest pace in more than a year in the third quarter, with advance GDP data from the Bank of Korea showing a 1.7% year-on-year increase. This outpaced economists’ expectations, who had penciled in a 1.5% rise. On a quarter-on-quarter basis, GDP grew by 1.2%,…
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South Korea Q3 GDP jumps 1.7% on strong exports driving growth
South Korea’s economy accelerates in Q3, beating expectations South Korea posted robust third-quarter growth, with a year-on-year GDP expansion of 1.7% that outpaced economists’ expectations. The advance estimates from the Bank of Korea (BoK) show a noticeable acceleration from Q2, when growth was 0.6% year on year. The quarterly figure also topped forecasts, underscoring a…
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Canada’s Exports Fall as U.S. Tariffs Hit Trade
Canada’s Exports Decline Under Tariff Pressure Canada’s export sector faced a substantial setback in the second quarter of 2025 as U.S. tariffs on key Canadian goods weighed on trade activity. Statistics Canada data show a 7.5% drop in exports in Q2, marking the sharpest quarterly decline since 2009, outside the COVID-19 period. The pullback followed…
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South Korea GDP grows at fastest pace in over a year
South Korea posts faster-than-expected third-quarter GDP growth South Korea’s economy expanded at the fastest pace in more than a year in the third quarter, with advance data from the Bank of Korea showing a 1.7% year-on-year rise. That outpaced the 1.5% growth economists expected and beat the prior quarter’s 0.6% expansion, underscoring a robust recovery…
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Singapore Signals Slower 2026 Growth After Strong Q3 GDP Beat
Singapore Posts Strong Q3 GDP Beat as Growth Prospects Dim for 2026 Singapore’s economy surprised analysts in the third quarter with a higher-than-expected GDP reading, even as the central bank signaled a slower pace of growth ahead. The Ministry of Trade and Industry (MTI) reported a 2.9% year-on-year expansion for the April-to-June quarter (three months…
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Singapore Q3 GDP Beats; 2026 Growth Expected to Slow Down
Singapore Q3 GDP Beats Expectations as Growth Slows to a More Moderate Pace Singapore’s economy defied expectations in the third quarter, expanding 2.9% year-on-year, according to the Ministry of Trade and Industry (MTI). The result topped economists’ forecasts of about 1.9% growth and followed a revised 4.5% expansion in the April-June period. On a seasonally…
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Singapore GDP growth 2026: Q3 beat but outlook slows
Singapore’s Q3 GDP beats expectations as growth slows into 2026 Singapore surprised analysts in the latest quarterly release, with the economy growing more than expected in the third quarter. The official data showed GDP rising 2.9% year-on-year for the quarter ended September, topping economists’ projected 1.9% growth and signaling resilience amid a backdrop of cooling…
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Trump Announces 100% Tariff on China Over ‘Extraordinarily Aggressive’ Trade Stance
Trump Threatens 100% Tariff on China, Citing Aggressive Trade Moves In a post on his Truth Social platform, former President Donald Trump announced a sweeping new tariff proposal aimed at China. He said the United States would impose an additional 100% tariff on imports from China, describing Beijing’s recent trade actions as an “extraordinarily aggressive…