TradeImeX

BROADCASTING EQUIPMENT MARKET OVERVIEW The broadcasting industry or market is very vast. Majorly, this industry is divided into three main segments – Technology (analog/digital broadcasting), Product (video servers, encoders, etc.), and Geography. In the year 2021, the broadcasting equipment industry was valued at USD 4.67 billion which is expected to grow to USD 6.5 billion by 2027. For a few years now, people are getting attracted to better sound and video quality, like 4K and other UHD formats due to which the demand for broadcasting equipment is growing across the world. By studying the facts and statistics of Import Export Data for the year 2020, we came to know that broadcasting equipment was ranked 5 th in the most traded product in the world as the value was close to USD 430 billion. The pandemic has further fueled this trend. Due to the pandemic and lockdown conditions, people have learned to work from the comfort of their homes, and hence, the demand for technology an

  The shipments made in China for PCs have grown to a very large extent and crossed the USA shipments. Due to this factor, China has become the world’s biggest market for PCs and computers. In the year 2023, the revenue generated from PCs, as per Import Export Data of China, would reach USD 37.98 billion. The largest segment of computers that are sold are laptops which are projected to reach USD 23.3 billion. By the year 2026, the market volume of PCs and desktops would reach USD 40.5 billion. The biggest laptop and computer providers companies in China in Q2 of 2022 were: ·         Lenovo (23% market share) ·         HP (19% market share) ·         Dell (19% market share) ·         Apple (9% market share) ·         Acer (8% market share) ·         Asus (7.2% market share) CHINA TRADE DATA STATISTICS According to the Import Export Data for the year 2020, China was the largest exporter of computers in the world. The nation exported computers worth USD 155 billion in

OUTLINE OF TELECOM INDUSTRY IN VIETNAM The telecom market is extremely tremendous. Significantly, this industry is partitioned into three primary portions - Innovation (simple/computerized telecom), Item (video servers, encoders, and so on), and Topography. In the year 2021, the telecom hardware industry, in general, was esteemed at USD 4.67 billion and would be considered normal to develop to USD 6.5 billion by 2027. For a couple of years at this point, individuals are getting drawn to more readily sound and video quality, as 4K and other UHD designs because of which the interest in broadcasting equipment is growing across the world. By concentrating on current realities and measurements of Vietnam Import Data for the year 2020, we came to realize that telecom hardware was positioned fifth in the most exchanged item in the world as its worth was nearly USD 430 billion. The pandemic has additionally energized this pattern. Because of the pandemic and lockdown conditions, indiv

  The Philippines and Vietnam, both the nations are situated close to each other and share a common continent, Asia. Vietnam is a bigger nation as compared to the Philippines, but in contrast, the population of the Philippines is more than Vietnam which leads to more population density and per capita income in the Philippines. Being populated with fewer people, Vietnam has a vast open space for development programs and the setting up of new industries and manufacturing units. Both countries share healthy bilateral trade relations with each and are into trade practices every now and then. BILATERAL TRADE SECRET OF VIETNAM AND THE PHILIPPINES As we mentioned above, the trade relations between both nations are very strong. This statement proves to get true by looking at the statistics shared by Philippines Trade Data and Vietnam Trade Data for the year 2020. As per Vietnam Export Data for the year 2020, the nation exported goods worth USD 3.65 billion to the Philippines. On the othe

MARKET ANALYSIS OF DEODORANTS AND ANTIPERSPIRANTS Deodorants and Antiperspirants are considered personal care products for humans which are used to eliminate body odor and control sweating to a certain extent. The ingredients of these products, namely, fragrance, anti-microbial particles, and other liquid items make them capable to fight odor and make the person feel fresh and smell good. Due to these ingredients, the life span of the deodorants is increased. Some of the prominent deodorant brands available are Dove, Unilever company, Godrej consumer products ltd., Cavin Kare Pvt. Ltd., etc. Now, if we talk about the market share of deodorants and antiperspirants in the world, then it is close to USD 29121 million in the year 2021 with respect to revenue. You would be in shock after listening to this big value. Let’s see what the reason behind this huge market value. First, the deodorant market is driven by the young population which is increasing at a rapid pace. These products

  VIETNAM REDUCES ARMS TRADE WITH RUSSIA AND TRIES TO BECOME SELF-RELIANT OVERVIEW Due to the ongoing war between Russia and Ukraine, many countries including Vietnam are becoming reluctant to perform trade with Russia and are looking for alternate options. For many years, Vietnam was considered as the top importer of Russian weapons and defense systems, and Vietnam Import Data was dominated by the same. Now, Vietnam is an emerging and rapidly growing nation and is trying to reduce imports of arms and ammunition from Russia and is trying to produce them domestically or import them from another country. Vietnam is focusing on producing weapons for itself, as well as for export purposes also to the African and Asian nations. Facts say that Southeast Asian countries are considered one of the biggest buyers of arms and ammunition and have dedicated a certain amount to imports of the goods in the budget which is close to USD 1 billion. This budget is set to rise in the future due to

  REASONS FOR MAINTAINING GLOBAL TRADE DATA – BENEFITS FOR SUPPLIERS AND BUYERS At present, all the countries are taking part actively in global trade to expand their markets and to increase their economy. Global trade, as the term suggests, is a process of exchanging goods and services across international borders. Various processes that are included in it are exports, FDI, Imports, setting MNCs, job outsourcing, etc. Now the question arises that how to keep records of imports, exports, and entrepots of different countries on regular basis. For this, every country maintains its Global Trade Data which records all necessary information about the products, their prices, quantity, most imported and exported goods, etc. in one place so that it gets easy to understand the trader. Global Trade Data is considered one of the 3Cs of foreign trade (compliance, content, and connectivity). Every detail about the product, source country, and destination country is mentioned in the data. Glo