Trade General Administration of Customs: In December 2022, the total import and export value was 3.77 trillion yuan, a year-on-year increase of 0.6%. Among them, exports were 2.16 trillion yuan, a year-on-year decrease of 0.5%; imports were 1.61 trillion yuan, a year-on-year increase of 2.2%; the trade surplus was 550.11 billion yuan. In 2022, the total value of imports and exports was 42.07 trillion yuan, a year-on-year increase of 7.7%, and it has maintained its position as the largest country in goods trade for six consecutive years. Among them, exports were 23.97 trillion yuan, a year-on-year increase of [...]

Trade alert Petroleum pipes石油管材: Canada postponed the release of the final ruling of the anti-dumping re-investigation. On January 4, the Canadian Border Services Agency announced that in view of the large number of exporters and agent manufacturers responding to the lawsuit, it decided to extend the final ruling period for the anti-dumping and anti-subsidy re-investigation of oil pipes imported from China by 28 days, and the final ruling is expected to be made on March 17, 2023. Trade Vietnam: In 2022, Vietnam exported a total of 2.14 million tons of natural rubber, a year-on-year increase of 9.6%; the [...]

Trade alert Strollers and frames: Turkey makes its third anti-dumping sunset review final. On January 6, the Ministry of Trade of Turkey issued Announcement No. 2023/1, making the affirmative final ruling of the third anti-dumping sunset review on baby carriages and baby carriage frames originating in China, maintaining the current anti-dumping duties unchanged, that is, baby Car tax is $12/piece, stroller frame tax is $8/piece, valid for 5 years. The Turkish tax codes of the products involved are 8715.00.10.00.00 and 8715.00.90.00.00. MSC's 8500TEU container ship ran aground on the breakwater of Gioia Tauro port in Italy.(MSC=Mediterranean Shipping Company [...]

Trade Madagascar: The clove industry is developing rapidly. According to the news from Orange, according to statistics from the Ministry of Processing and Commerce of Madagascar (MICC), the export value of martinica quadrupled in the first nine months of 2022, reaching 224.7 million US dollars; 40,000 tons. According to MICC, horses are currently the world's largest exporter of cloves. Ministry of Commerce: From January to November last year, China's service exports were 2,583.5 billion yuan, an increase of 15.5%; imports were 2,821.11 billion yuan, an increase of 15.6%; the deficit was 237.62 billion yuan. For the first time, [...]

Trade alert Household electric kettle家用电热水壶: Argentina made the final anti-dumping ruling. On January 5, the Argentine Ministry of Economy issued Announcement No. 4 of 2023, making the final anti-dumping ruling on household electric kettles originating in China, and decided to set a minimum export FOB limit (FOB) of US$12.46 per piece for the products involved. The declared price is lower than the minimum export FOB limit price, the different price part will be charged anti-dumping tax, and the validity period is 5 years. The Mercosur customs code of the products involved in the case is 8516.79.90. Trade Japan's [...]

Trade alert Steel pallet racking: Australia's anti-dumping measures are about to expire. On January 3, the Australian Anti-dumping Commission announced that the anti-dumping measures imposed on steel pallet racks imported from China and Malaysia will expire on May 8, 2024. Stakeholders can submit an application for renewal of anti-dumping measures for the products involved in the case at the latest on March 4, 2023. If no relevant application is received within the above-mentioned period, the current anti-dumping measures will be terminated after expiration. Since May 9, 2024 will no longer apply. Trade Croatia: Proposed reduction of VAT rates [...]

Industry China CLS 财联社: Leading tire companies such as Sailun Tire(赛轮轮胎), Sentury Tire(青岛森麒麟轮胎), and Linglong Tire(玲珑轮胎) have all announced new investment plans in the near future, starting a new round of "capacity armament war". It is reported that the leading enterprises in the domestic tire industry have continuously increased capital expenditures in recent years, and have continued to seize global shares through scale improvements. According to the industry, from the perspective of industry characteristics, the success rate of mergers and acquisitions in the tire industry is low, and the expansion of the industry mostly chooses new production capacity. [...]

Industry GowerStreet: It is estimated that the global movie box office will reach US$25.9 billion in 2022, a year-on-year increase of 27%, but a drop of 25% from the average of the three years before the epidemic. In 2022, the North American market will return to the world's largest box office position with a box office of US$7.5 billion. The Chinese market earned a box office of US$4.33 billion, a year-on-year decrease of 36% in 2021, and a decrease of 49% from the average of the three years before the epidemic. Food and Agriculture Organization of the United [...]

Trade alert Cold-drawn mechanical tube(冷拔机械管): The United States launched the first double-reverse sunset review investigation. On January 2, the U.S. Department of Commerce issued an announcement to launch the first anti-dumping sunset review investigation on cold-drawn mechanical tubes imported from China, Germany, India, Italy, South Korea and Switzerland, and to import cold-drawn mechanical tubes from China and India. Initiated the first anti-subsidy sunset review investigation, and launched the first anti-subsidy sunset review industrial damage investigation on the products involved in the above-mentioned countries. Stakeholders should register with the U.S. Department of Commerce to respond to the lawsuit within [...]

Trade alert Polyester filament yarn聚酯长丝纱线: Vietnam launched an anti-dumping mid-term review investigation. On December 30, 2022, the Ministry of Industry and Trade of Vietnam issued a resolution to initiate an anti-dumping mid-term review investigation on polyester filament yarn imported from China, India, Indonesia and Malaysia to review whether to adjust the current anti-dumping duties. This case involves products under the Vietnamese tax codes 5402.33.00, 5402.46.00 and 5402.47.00. Myanmar: Adjust the 2023 car import policy. The Ministry of Commerce of Myanmar has recently adjusted the 2023 automobile import policy, stipulating that only left-hand drive vehicles will be allowed to [...]