Latest news and articles about food exports from NEX English
South Korea's food exports have seen a significant increase of <strong>4%</strong> this year, reflecting a recovery in the food sector. This rise comes as the country seeks to enhance its position in global markets.
The Indonesian Ministry of Trade announced a partnership to distribute local tempeh to Chile valued at $125,000, equivalent to 2.1 billion rupiah. The agreement was signed between PT Azaki Food International and OM SpA from Chile.
Industry reports predict that Thailand's food exports will drop by <strong>7.3%</strong> this year, reaching <strong>1.4 trillion baht</strong>, potentially marking a five-year low. This decline is attributed to ongoing conflicts in the Middle East and rising energy prices.
Jordan is participating in the International Food Exhibition held in London, aiming to enhance its food exports and promote local products. This exhibition serves as a vital platform for connecting with global companies and exploring new opportunities.
Pakistan has announced the easing of financial restrictions on food exports to Iran, allowing exporters to send goods without the need for letters of credit or bank guarantees. This decision aims to enhance trade between the two countries amid ongoing sanctions on Iran.