The Philippine Department of Agriculture said the rapid spread of bird flu in a short period since the first laboratory detection necessitates a wider coverage of trade restrictions. It had previously banned poultry imports from Illinois, Minnesota, Ohio, Wisconsin, South Dakota, Maryland, and Missouri.
Thailand’s exports are on track to achieve a historical high of 300 billion USD this year, up 5.2% year-on-year, according to the Ministry of Commerce.
Authorities of Thailand are intensifying the screening of imported goods to prevent the smuggling of substandard products and protect domestic industries.
State budget revenue from import-export activities in the first nine months of 2024 reached more than 306 trillion VND (12.4 billion USD), accounting for 81.7% of the set target and increasing 13.5% from the same period last year, the General Department of Vietnam Customs (GDVC) has reported.
The Indonesian Textile Association (API) has blamed the stagnation of the textile industry for increasing influx of imports that negatively affect the local manufacturing.
A sharp rise has been recorded in foreign trade over the past few months, and if this upward trend is sustained, this year’s foreign trade turnover is likely to break the record of 732 billion USD set in 2022.
Thailand's border and cross-border trade continued its upward trajectory in July, reaching 158.1 billion THB (4.69 billion USD), up 21.7% year on year and marking the fourth consecutive month of expansion, said the Department of Foreign Trade under the Commerce Ministry on September 5.
Malaysia’s January-July 2024 trade grew by 9.8% year-on-year (y-o-y) to hit 1.652 trillion RM (373 billion USD), the highest value recorded for the period, said the Ministry of Investment, Trade and Industry (Miti).
Laos' total import-export value in June hit nearly 1.23 billion USD, a 13% increase from May, the Lao Trade Portal (LTP) has reported.
The state visit to Vietnam by Timor-Leste President José Ramos-Horta from July 31 to August 3 is expected to offer an opportunity for the two countries to discuss measures to boost cooperation, particularly in trade.
Vietnam recorded a trade surplus of 14.08 billion USD in the first seven months of this year, the General Statistics Office announced on July 29.
Indonesia’s National Logistics Agency (Bulog) recently said it will prioritise domestically produced rice despite the planned imports of the staple food.
The Indonesian government on June 25 said that it will issue two protection policies, namely Safeguard Measures Import Duty (BMTP) and Anti-Dumping Import Duty (BMAD), for textiles and textile products as an effort to protect the local industry from surging imported textiles.
Vietnam’s trade surplus hit 8.01 billion USD during January – May, with 156.77 billion USD in export revenue and 148.76 billion USD in imports, up 15.2% and 18.2% year-on-year, respectively, the General Statistics Office announced on May 29.
