It’s a traffic jam that might make drivers smile. As CNN Money’s Matt Egan reports, the oversupply of oil that has caused prices to crash is causing oil-laden tankers to pile up off the US Gulf Coast: there’s no place left ashore to put all that crude. ClipperData’s...
The slowdown in China’s economy is taking its toll on its imports from the Americas, our trade data on China through third-quarter 2015 shows. China’s imports from North America dropped 9%, while its imports from South America were down 11% in September 2015 compared...
America’s busiest ports are sending a warning about the US economy, according to the Wall Street Journal. Citing data from Zepol (now part of Datamyne), the WSJ reports that imports at the three busiest ports – Los Angeles, Long Beach, and New York-New Jersey – fell...
The UK should expect the US to impose the same tariffs as now apply to China, Brazil and India, should it opt out of the European Union, Michael Froman, the US Trade Representative, told Reuters October 28. British voters will decide before the end of 2017 whether to...
MIAMI – October 27, 2015 – Datamyne (www.datamyne.com), a leader in global business intelligence based on multinational trade data, announced that it has completed the acquisition of Zepol Corporation, a Minneapolis-based provider of online trade data tools. “As two...
With the thaw in US-Cuba relations, Cuban trade deserved a fresh look, says the Esri Insider blog. So Esri, a leader in geographic information software (GIS), took Datamyne’s trade data and created a new story map that provides a clear view of the island nation’s...
We were surprised to see lobsters break into the top 25 US agricultural exports for the first time in our latest monthly ranking report, based on the value of trade in August. Typically, the ag trade ranking reports are dominated by in-season commodities such as...
We called it a new HS code for Tesla – the new Harmonized System tariff code that distinguishes lithium-ion batteries imported to run electric vehicles from all the rest of Li-Ion batteries destined for digital devices, appliances and power tools. But, of course,...
Yet another sign that electric cars are catching on: A new 10-digit Harmonized Tariff System code has been established for the lithium-ion batteries used to power electrical vehicles: HS 8507.60.0010. Until now, the HS codes did not distinguish between EV batteries...
In the wake of the shale revolution, rising supplies of oil have oil producers weighing their options (if any) to stabilize their product’s price per barrel. In his column from OilPrice.com, Matt Smith, Director of Commodity Research at ClipperData, takes a look at...
