Discover and read the best of Twitter Threads about #ForeignTrade

Most recents (4)

It’s Wednesday, which means it’s time to take stock of the week so far, draw on reserves, and soldier on (and uncover some facts while at it). Today, we dissect the RBI’s recent move to allow & encourage #foreigntrade payments to be made in INR. (1/8)
It’s a long-term plus for the Indian #economy and good news for the long-term investor. So, grab that coffee from the break room, and let’s delve into the long and short of it. (2/8)
The #RBI recently issued a circular that detailed an ‘additional arrangement’ for invoicing, payment, and settlement of #exports and #imports using the Indian #rupee as currency. (3/8)
Read 8 tweets
Today's #GetSmartInAHurry🤓#foreigntrade in the State of #Georgia.

"GA achieved a record-breaking year for international trade at $166.11 BILLION in 223 countries. Set a record for exports of $42.36B 🧵#gapol #atlpol…
GA ranked 7th in the U.S. dollar value #foreigntrade w/85% of our state’s exporters categorized as small businesses. Ranks 12th in the U.S. for dollar value of exports. GA’s top 5 trading partners were 🇨🇳China, 🇲🇽Mexico, 🇨🇦Canada, 🇩🇪Germany, 🇰🇷Korea.
Top 10 markets, trade w/🇮🇳 India & 🇻🇳Vietnam experienced the most growth. Supported by Georgia’s deepwater ports (primarily in #Savannah) and ideal location in the Southeast, top traded products in 2021 were motor vehicles, civilian aircraft, and parts for gas turbines.
Read 5 tweets
Climate change is making your morning coffee cup more expensive. Here's a brief story of how much more depends on your taste. /1

#Brazil #Coffee #ClimateCrisis #ClimateEmergency #OECPro #ForeignTrade #EconomicComplexity #DataVisualization #DataScience
Brazil grows 28% of the world's Robusta crop (bitter, used for instant coffee and espresso), and 41% of Arabica, the beans favored by Starbucks & Dunkin'. Trade data shows how coffee is affected by climate change, and how our taste for coffee could evolve in a warmer future. /2
Coffee is one of the most traded commodities ($30B in 2019). Two species, Arabica(70%) and Robusta(30%), account for virtually all production. Climate change studies suggest a 50% reduction in the area suitable for Arabica by 2050. Robusta grows in hotter temperatures. /3
Read 12 tweets
#TradeDeficit in February 2021 up 4.8% to $71.1B. #Exports down 2.6% to $187.3B. #Imports down 0.7% to $258.3B (seasonally adjusted). #CensusEconData
Goods and services #deficit ($71.1B) in February 2021 was the highest on record (seasonally adjusted). #CensusEconData #ForeignTrade #TradeDeficit
#GoodsDeficit ($88.0B) in February 2021 was the highest on record (seasonally adjusted). #CensusEconData #ForeignTrade
Read 7 tweets

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