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Indonesia and US agree on energy deals including imports and Freeport
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Indonesia's government and the United States have agreed on several energy sector deals following the meeting between President Prabowo Subianto and President Donald Trump. The agreements include energy imports worth 15 billion USD and Freeport permit extensions. These steps aim to balance trade and enhance national energy security.
India’s goods trade deficit narrowed to $20.67 billion in March from $21.69 billion a year earlier, data from the Commerce and Industry Ministry showed. The easing came amid a West Asia crisis that curbed petroleum imports and exports to the region. Goods exports for FY26 rose 1% to $441 billion.
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Ethiopia anticipates a record wheat harvest of 7 million metric tons in the 2026/27 marketing year, per the latest USDA Foreign Agricultural Service Grain and Feed Annual report. Despite this, Black Sea grain imports are outpacing local supply to address tight domestic markets.
A Brazilian economist has criticized the recent increase in import taxes, arguing that historical experience shows this policy fails to generate investments, innovation, or productivity. In an article in Folha de S.Paulo, the author highlights flaws in the official justification and negative impacts on competitiveness.
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In January 2026, imported gas accounted for 21% of total consumption in Colombia, according to Upme data. This figure highlights the rising trend in imports due to declining local reserves, as warned by Naturgas, which forecasts 26% by year's end.
Many young entrepreneurs in Ethiopia enter the jewellery-making industry with modest capital and minimal formal training, relying on digital platforms for sales. Online commerce, especially through TikTok, has rapidly overtaken traditional in-person jewellery sales. Rising input costs and supply chain shortages pose major challenges for local artisans, while policy support remains limited.
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Following Senate approval of tariffs on over 1,400 Asian products amid USMCA review tensions, Mexico published a decree on December 29, 2025, in the Official Gazette detailing 5% to 50% duties on imports from non-free trade agreement countries like China, effective January 1, 2026. Affecting goods such as clothing, toys, shampoo, and auto parts, the measures aim to protect domestic industry and generate 70 billion pesos in revenue with minimal 0.2% inflation impact.
Argentine textile industry records biggest drop since 2016
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2026/02/18 14:30Fate closes its plant in San Fernando and lays off 920 workers
2026/02/18 02:07Colombia's imports reached US$70.502 million in 2025
2026/02/06 13:07Argentina's textile industry in crisis over high costs and low demand
2026/02/05 12:22KPK names six suspects in customs bribery for KW imports
2026/02/02 05:44Luis Caputo claims he never bought clothes in Argentina