Global coffee exports saw an accelerated rate of growth in April with a 4.4% increase year over year in April compared to 0.3% in 1Q, Panjiva analysis of ICO data shows. That's been led by a 25.1% surge in shipments from Brazil, continuing a pattern seen in 1Q of a 22.1% improvements. That's more than offset a 48.0% slump in shipments from Mexico, which continued a decline of 4...
READExport activity across Asia has seen a parlous performance in April. While exports from Malaysia rose 1.1% year over year in local currency terms - which was better than expected according to Nikkei - they fell 4.5% in dollar terms. Malaysia therefore joins nine out of 12 other Asian countries to report lower exports in April according to S&P Global Market Intelligence data. It...
READThe White House has announced a plan to apply tariffs on all imports from Mexico of 5% from June 10, citing the need for Mexico to help address increasing northbound migration. If no action is forthcoming the tariffs will be increased to 10% on Jul. 1 and by a further 5% points each month thereafter. As flagged in Panjiva's research of May 20 this comes just as resolution on pa...
READ