Import/Export Industry Notifications

There is a possibility of higher onion production. This has brightened the export prospects of processed onions from the state. A record 70,000 tonnes of dehydrated onions is expected to be exported in 2021-22 from Mahuva in Bhavnagar district, which accounts for around 90% of India’s exports dehydrated onions.

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Exports from Jaipur airport have stopped for more than a month, and exporters are using road transport to reach Delhi airport to send their consignments, incurring higher costs and losing precious time.

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On Friday, Dr. M. Angamuthu said the first consignment of 32,250 metric tonnes of broken rice has started from Kakinada Deep Sea Port to Senegal in West Africa. The export of rice from the deep seaport is a dream that has been realized with the Andhra Pradesh State government's support.

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John Fossey, the Senior Analyst on Container Equipment at Drewry, said that containers are not promptly delivered to delivery points. Fossey noted that major Southern Californian ports, including Long Beach and Los Angeles, are under “unexpected pace and sustained demand” due to the e-commerce boom from the COVID-19 pandemic, as well as disruption to shipping lines and national or regionalized lockdowns being levied across the industry.

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Indian wheat is expected to make more significant inroads into global markets in the 2020-21 marketing year (April-March) for the first time in six years, led by tightening supplies from major exporters and a swelling domestic inventory.

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Chinese authorities fearful of a COVID-19 surge have adopted a carrot and stick strategy to ensure fewer people travel this month. They are handing out freebies such as free internet for those staying put while also demanding strict COVID-19 testing and quarantining for anyone planning to travel. Chinese officials expect 1.15bn trips during the Lunar New Year holiday period, which started today, a 60% drop from pre-virus 2019 days.

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Under the UK’s three-phase introduction of new import controls, all goods became subject to full checks from 1 January, but only controlled substances required declarations. Animal and plant products will require them from 1 April and all other goods from 1 July. The decision to phase-in new UK border checks for EU imports may have been a misstep, following reports that the process is causing confusion.

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The Spices Board has set an arduous target of achieving an export value of $5 billion by 2025 and $10 billion by 2030. The export value in 2019-20 was $3 billion. “We are on a mission to promote Indian brands abroad by coordinating with Indian Embassies.

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The world’s biggest container carrier stated trade disruptions that have sent freight rates towering and overwhelmed major ports may start to ease after the first quarter, disappointing investors but eventual signaling relief for cargo shippers.

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