U.S. Secretary of Agriculture Sonny Perdue yesterday announced the suspension of all imports of fresh beef from Brazil because of recurring concerns about the safety of the products intended for the American market. In the wake of the Brazilian government...
Brazilian Beef Exports | Sharp Cuts in Top Markets
Brazilian beef exports have paid a price for Operation Weak Flesh, the Brazilian government investigation into alleged bribery of food-sanitation inspectors. [See Brazilian Meat Exports Skewered.] The investigation culminated in March with charges against 21 meat...
New Zealand Wine Gaining U.S. Market Share on Premium Strategy
New Zealand has a clear shot at its target of $2 billion in wine exports by 2020, reports the New Zealand Winegrowers industry association, with New Zealand wine gaining U.S. market share, surpassing $500 million for the first time in April. Last year, New Zealand...
Closely Watched Data: U.S. Electric Vehicle Imports–Exports
Electric vehicle market watchers can get a sharper view of cross-border commerce in hybrids and all-electric cars, thanks to new Harmonized Tariff System (HTS) codes introduced in January. [See Change and Continuity: New Tariff Codes Debut.] Previously swept under the...
Change and Continuity: New Tariff Codes Debut
New Harmonized System – or HS – tariff codes debuted with the New Year in the 2017 edition of the U.S. Harmonized Tariff System – or HTS. (What’s the difference between HS and HTS? See our FAQ here. More on the rollover can be found here in our complimentary...
Whiskies Top Tipple in U.S. Trade in Distilled Spirits
Whiskies were the top tipple in U.S. trade in distilled spirits in 2016, with one notable exception. Our 2016 U.S. Census-sourced data shows whiskies with the leading share of imports by value (27%) and volume (31%), and exports by volume (76%) of trade in the...
Pacific Alliance Expansion Plans
Could the Pacific Alliance become the vehicle for the economic ties across the Pacific Rim that were the aim of the Trans-Pacific Partnership (TPP)? The four members of the trade bloc – Chile, Colombia, Mexico and Peru – are among Latin America’s leading advocates for...
Brazilian Meat Exports Skewered by Operation Weak Flesh
Brazilian meat exports have taken a big hit. On March 17, Brazil’s federal police raided meat packers accused of paying off inspectors to okay rotten and adulterated meat for market, capping a two-year investigation into official corruption dubbed “Operation Weak...
NVOCC US Import TEU Share Nears 39 Percent
NVOCCs again laid claim to a record 38.8% share of US import shipping volumes in 2016, with a growth rate in TEUs that outpaced the rate of carriers as a whole. Our bill-of-lading data shows that ocean carriers brought 20,953,723 TEUs in imports to US ports last year;...
Actively Seeking Trade Ties | Mercosur
Mercosur is looking for opportunities to do more cross-border business both within the five-member trade bloc and beyond. Foreign ministers are set to meet March 9 to discuss lowering barriers to trade among the countries that make up the “Common Market of the South”...