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MAJOR CONTRIBUTOR TO GLOBAL TRADE DATA – CRUDE OIL

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  CRUDE OIL INDUSTRY IN THE GLOBAL WORLD Crude oil is a type of unrefined oil that is formed from the deposits of hydrocarbons and other organic things which are derived from the dead remains of plants and animals. These plants and animals stayed beneath rocks and stones and after getting covered with various types of things, they turned into fossil fuels. These are then transformed into various petroleum products like diesel, petrol, and kerosene which are widely used. Crude oil is listed in the list of the major traded commodities in the world. In the year 2021, the total market of crude oil touched a record high of USD 1400 billion. This tends to increase and reach USD 1610 billion by 2029. In the year 2019, crude oil was the topmost traded product in the world which dominated the Global Trade Data and Import-Export Data of any country. The top exporters of crude oil in 2019 were: ·         Saudi Arabia (USD 145 billion) ·         Russia (USD 123 billion) ·         Ira

WANT TO GAIN INSIGHTS INTO VIETNAM RICE MARKET? MAKE THIS YOUR SECRET WEAPON

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  BASIC INSIGHTS ABOUT VIETNAM RICE INDUSTRY Vietnam is a developing nation and one of the most rapidly growing countries in the world. It is situated on the Asian continent and is considered a rice-rich country in the world. Along with producing rice, Vietnam is rich in tropical crop production and exports. If we refer to the present Vietnam Trade Data report, then it is evident that the nation is considered one the largest exporter of agro products to southern parts of Asia, and 3 rd major exporter of rice across the globe. Despite the global crises that stuck in the world for almost two years, Vietnam rice exports didn’t face any major setbacks. If we refer to the Vietnam Trade Data for the year 2021, it is noted that the country exported rice worth USD 3.133 billion. This was indeed a record-high level of exports, also during those times when all economies of the world were facing major setbacks. The country was successful in touching this number even after it was hit by nat

HIDDEN TRUTH OF THE GOLD INDUSTRY IN TURKEY

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  GOLD INDUSTRY OF TURKEY – TURKEY TRADE DATA The golden industry of Turkey is said to be one of the prominent industries in the nation. By looking at the statistics and the Turkey Export Data for the year 2021, we come to know that the nation exported total goods worth USD 225.3 billion out of which precious metals like gold contributed USD 11 billion. This accounted for close to 4.88% of total exports. As per the statistics of Turkey, the nation has produced more than 150 tons of gold in 5 years. In the year 2020, it reached a record high of 41 tones. Officials of the nations had set a target for the nation to produce 100 tons of gold in the next five to six years and become one of the leading manufacturers of gold. The growth of the gold industry is happening due to two main factors: ·         Turkey invested more than USD 6 billion in the gold industry ·         Large manpower employed in this field, i.e., close to 13,000 people Some of the major gold refineries that

Turkey Trade Data and Turkey Import & Export Data Provider

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  Turkey is one of the Asian countries in the world. It is situated on the Asia Continent and shares borders with numerous countries such as Armenia, Greece, and Bulgaria via land and Cyprus, Russia, and Ukraine by water. The country stood at 19 th position in terms of GDP and at 38 th position with respect to the complexity index. If we look at the rank of Turkey with respect to total imports, then as per Turkey Import data the country secured 23 rd position in the year 2020. If we refer to Turkey Import Data for the year 2020, then the biggest import partners of the country were Germany, China, and Russia, followed by the United States and Italy. LATEST STATISTICAL TRENDS OF TURKEY IMPORT DATA As we told you briefly about the past trends that prevailed in the Turkish market way back in the year 2020, now we are going to share some latest insights and trends that are ongoing in the Turkish market as listed in Turkey Import Data On comparing Turkey Import Data between the