Tag: Exports
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Kenya’s Economy Poised for Faster Growth in 2026 as Borrowing Costs Fall
Outlook for 2026: A more upbeat growth path Kenya’s economy is expected to accelerate in 2026, supported by falling borrowing costs, stronger export performance, and healthier household spending. A consensus among global banks, consultancies, and think tanks points to a brighter macro backdrop as policymakers work to ease financing conditions, improve infrastructure, and stimulate demand…
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Kenya’s Economy Poised for Faster Growth in 2026 as Falling Credit Costs Spur Optimism
Kenya’s 2026 Outlook Brightens as Borrowing Costs Fall Kenya’s economy is projected to accelerate in 2026, driven by a confluence of favorable factors: easing credit costs, stronger export performance, and improving household spending. A recent consensus among global banks, consultancies, and think tanks highlights a more optimistic trajectory for the region’s largest economy. While uncertainties…
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Private Investment Halves in 6 Years: Pakistan’s Manufacturing Slowdown Signals Structural Challenge
Introduction: A Turning Point for Pakistan’s Manufacturing Sector Pakistan’s manufacturing sector, long hailed as a driver of growth, employment, and export potential, is confronting one of its most significant slowdowns in modern memory. Private investment in manufacturing has roughly halved over the past six years, a collapse that experts say could reshape the country’s economic…
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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…