Latest in Tag: trade Highlight

Latest in Tag: trade


China logs expansion of trade surplus

The world’s second-largest economy has seen a surge in both exports and imports. Fresh official figures revealed a further widening of the country’s trade surplus, a thorn in the side of US President Donald Trump.China on Thursday posted a forecast-busting increase in its trade activities in May, with official data signaling improvement in the national …

Deutsche Welle

Opinion: Germany’s trade surplus is made in US

Donald Trump has been making a show of irritation with Germany’s trade surplus with the US. But Ulrich Kater, chief economist of DekaBank, says US policies drive Germany’s surplus.The Trump Administration is obsessed with the US’s bilateral trade numbers. Wherever a country exports more goods or services to the US, as measured in dollar value, …

Deutsche Welle

56% decrease in trade balance deficit in February 2017: CAPMAS

The deficit in the trade balance reached $2.1bn in February 2017, compared to $4.7bn during the same month of the previous year—a decrease of 56%—according to the monthly bulletin of the foreign trade statistics, issued on Saturday by the Central Agency for Public Mobilization and Statistics (CAPMAS). The value of exports increased by 22.1% in …

Daily News Egypt

German trade grows massively in March

Europe’s economic powerhouse has reported its best ever month for imports and exports underscoring healthy foreign demand for German goods and robust consumer spending within the country.German companies exported goods and services worth 118.2 billion euros ($129 billion) in March – a gain of an impressive 10.8 percent compared with the same month a year …

Deutsche Welle

China trade falls short of expectations in April

Chinese exports rose for the second consecutive month in April, but at a slower pace than in the previous month. Import growth was also smaller than expected as China’s financial deleveraging begins to take its toll.China’s export growth almost halved last month in US dollar terms, growing eight percent year-on-year to $180 billion (163.8 billion …

Deutsche Welle

Schäuble defends German trade surplus in the US

The German Finance Minister has rejected US charges that Germany’s trade surplus is a sign of unfair policies and called on the Trump administration to remain engaged in trade liberalization.Speaking at an event of the Carnegie Foundation in Washington on Thursday, Wolfgang Schäuble said that “all of us have benefited greatly from global integration and …

Deutsche Welle

German economists debate trade surplus

The Trump administration has targeted Germany for its big trade surplus with the United States and the rest of the world, claiming this poses big problems. Some German economists agree. Others don’t. Here’s why.On Monday, the ‘German Council of Economic Experts’ (GCEE) submitted its annual two-year economic forecast, outlining how it expects the German economy …

Deutsche Welle

German-Turkish row hits trade and investment

The diplomatic spat between Turkey and Germany is spreading into the business world, with uncertainty over Turkish policies affecting trade and investment, says Volker Treier of DIHK trade lobby group.Deutsche Welle: What are you hearing from companies, how badly are they affected by this row? Volker Treier: There is more than just unease among German …

Deutsche Welle

Trade relations between Egypt African countries must improve: Talaat

At the American Chamber of Commerce in Egypt, country general manager of IBM Amr Talaat said that trade relations between Egypt and African countries need to improve. He said that African countries receive almost 3% of Egyptian exports, which is a small amount that must be increased. He added that so far, large economies in …

Hisham Salah

May wants ‘bold and ambitious’ trade deal with EU

British Prime Minister Theresa May has said her country is facing a period of momentous change following its decision to leave the EU, with Britain seeking to forge a new role in the world.Speaking at the World Economic Forum in Davos, Switzerland, on Thursday, Theresa May said Britain would step up to a new leadership …

Deutsche Welle

Trade balance deficit decreased by 19.9% in October 2016: CAPMAS

The value of Egypt’s trade balance deficit reached EGP 27.83bn during October 2016, as opposed to EGP 34.75bn in the same month of the previous year—a decrease of 19.9%, according to a report by the Central Agency for Public Mobilization and Statistics (CAPMAS) on foreign trade statistics. The value of exports increased by 21.4%, as …

Hossam Mounir

Trade balance deficit down by 27.1% in September: CAPMAS

The trade balance deficit dropped by 27.1% in September 2016 to EGP 22.66bn, compared to EGP 31.08bn in September 2015, according to the Central Agency for Public Mobilization and Statistics’ (CAPMAS) monthly bulletin on foreign trade statistics. In a statement issued on Tuesday, CAPMAS noted that the deceleration happened because the value of exports increased …

Hossam Mounir