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BILATERAL TRADE BETWEEN VIETNAM AND ARGENTINA IS RISING RAPIDLY: JUICY INSIGHTS

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Vietnam is one of the most important strategic and foreign trade partners of Argentina across the globe. Both nations have been working towards boosting and raising the bilateral trade relationship between them for many years. At present, the textile sector of Vietnam is the sector which is experiencing growth due to large-scale imports of cotton made by Vietnam from Argentina. On the other side, Vietnam is exporting apparel and garments to Argentina to balance the foreign trade. Recently, the president of Vietnam, Vuong Dinh Hue visited Argentina to discuss bilateral trade and strengthen the trade relations between the two countries. Argentina is considered the most important trade partner of Vietnam in the Latin American zone. Both nations have completed their 50 years of diplomatic relation bond which is a great success to date. RISING COTTON IMPORTS OF VIETNAM FROM ARGENTINA Cotton is the most popular and largest imported item from Argentina to Vietnam as mentioned in the Vie...
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WHY US IMPORT DATA IS A CRUCIAL DATASET IN THE GLOBAL TRADE BUSINESS?

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OVERVIEW The USA is considered the superpower of the world and consists of one of the largest trade markets in the world. The market in the United States is so vibrant and massive that there is always a chance to grab new opportunities. The contribution of the US is also the largest when compared to trade statistics of other countries. Not only this, but if we talk about the economy, then also the US is the nation who comes with the most developed and advanced economy in the world and you would be surprised to know that the trade market of the United States is also the biggest, most active, and most competitive in nature. As the market of the country is so dynamic, so are the demands of its citizens. The people of the US come with a variety of choices and preferences due to which there is a huge stock of all kinds of varieties in the American market. Moving ahead, the US Trade Data figures are also so amazing and large that make the US market the ideal option for all traders and...
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BILATERAL TRADE BETWEEN THE TWO SUPERPOWERS OF THE WORLD – THE UNITED STATES AND RUSSIA

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  GROUND REALITY OF THE RELATIONS BETWEEN THE UNITED STATES AND RUSSIA The United States and Russia have one of the most important foreign relations with each other. This relationship is the most critical and strategic relationship in the world. Both nations share and follow the same perspective and thought process toward nuclear security and safety, followed by counterterrorism and nonproliferation. Based on the reports released in the year 2015, the total exports from the US to Russia have generated jobs for almost 66 thousand people. The trade relations between the countries are also strong. According to the reports, the total trade that happened between the US and Russia in 2019 totaled approximately USD 35 billion. Exports from the US as per US Export Data were close to USD 11 billion and on the other hand, the US Import Data showed a figure of USD 13.1 billion. Based on the US Export Data for the year 2019, Russia was considered the 40 th biggest export partner of t...
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WHAT SCARES THE UNITED STATES THE MOST IN THE YEAR 2023?

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You would be thinking that after being a superpower, what thing on this earth is scaring the United States these days? Trust us that the thing which is creating stress in the minds of the US officials is none other than the widening of the trade deficit that is increasing every year and creating a large trade deficit in the nation. You would be thinking that what adverse effects can this deficit create in the nation. So today, we are going to update you with the current scenario of the economic condition of the US followed by the harmful or adverse effects that are caused due to this trade deficit. LATEST TRADE DATA REPORT OF THE UNITED STATES Based on the information received from the US Trade Data for the month of January 2023, the trade deficit of the country has widened due to a drastic rise in the Imports and exports to and from the nation. The Commerce department of the US recently released its statement that mentioned that in January the trade deficit took a jump by 1.6% an...
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MAJOR IMPORTS OF THE UNITED STATES – DETAILED REPORT ANALYSIS

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MAJOR IMPORTS OF THE UNITED STATES – DETAILED REPORT ANALYSIS FOREIGN MARKET OF THE UNITED STATES AT A GLANCE Like other countries, the foreign trade of the United States comprises two primary activities that are performed by the traders and marketers of the world – Imports and exports of goods and services to and from the country. just the difference is that the United States stands among the top 3 nations that have the largest trade figures in any fiscal year. The culture and trend of international trade is embedded in the mind of the US Congress for many years now. After the progression of the great depression, the US didn’t look back and focused on increasing its foreign ties with almost all the nations of the world and signed a number of documents and agreements like the General Agreement on Tariffs and Trade, Free trade Agreements, etc. Currently, the trade relations of the United States is with almost nations but majorly the countries from Asia and Europe are the biggest...
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