Imports News

Western powers have ramped up pressure on Russia's oil sales amid its war with Ukraine as U.S. President Donald Trump said India would stop buying and Britain imposed sanctions on top Russian oil firms.Ukrainian President Volodymyr Zelenskiy is schedule to meet Trump in Washington on Friday to push for military and energy support at a time when Kyiv and Moscow are escalating the war with attacks on energy infrastructure.Indian officials are also in Washington for trade talks, with the U.S.

Mexico has overtaken the U.S. as the second largest importer of Brazil's beef after the imposition of tariffs by President Donald Trump on August 6 affected shipments from the world's largest exporter, Brazilian beef lobby Abiec said on Wednesday.Brazilian beef, which was already subject to a U.S. import tax of 26.4% outside of an exempt quota, now faces an additional 50% levy.Between August 1-25, Brazil exported 10,200 metric tons of beef to Mexico worth $58.8 million, according to Abiec data. Shipments from Brazil to the U.S.

There are early signs that some Asian countries are stepping up their imports of U.S. liquefied natural gas (LNG) as part of trade deals with President Donald Trump.Asia's imports of the super-chilled fuel are on track to hit an eight-month high of 2.01 million metric tons in August, according to data compiled by commodity analysts Kpler.But of far more importance is the Kpler estimate that Asia's LNG imports from the United States will surge to 3.61 million tons in October, which…

Brazilian total egg exports, including fresh and processed products, rose almost 305% to 5,259 metric tons in July, reflecting strong demand from the United States after its bird flu outbreak, according to data compiled by industry group ABPA on Monday.The U.S. turned to Brazil after bird flu reduced domestic egg supplies, raising prices and inflation. However, President Donald Trump imposed a 50% tariff on Brazilian goods, including eggs, on August 6.In the first seven months of 2025, the U.S.

China's oil imports from Iran surged in June as shipments accelerated before the recent conflict between Israel and Iran and demand from independent refineries improved, analysts said.The world's top oil importer and biggest buyer of Iranian crude brought in more than 1.8 million barrels per day from June 1-20, according to ship-tracker Vortexa, a record high based on the firm's data.Kpler's data put the month-to-date average of China's Iranian oil and condensate imports at 1.46 million bpd as of June 27…

U.S. seaborne imports of goods from China dropped 28.5% year-over-year in May, the sharpest decline since the pandemic, as President Donald Trump's 145% tariffs took hold, supply chain technology provider Descartes said on Monday.China is the top U.S. supplier of goods that enter through seaports, including the nation's busiest in Los Angeles/Long Beach. Domestic businesses ranging from retailer Walmart to automaker Ford depend on those goods to operate.Overall U.S. seaborne imports in…

Vietnam's imports from China and exports to the United States both reached a post-pandemic record in April, amid talks with Washington to reduce Hanoi's trade surplus and a crackdown on Chinese goods being shipped to the U.S. via its territory.The Southeast Asian nation faces the risk of 46% duties on its exports to the U.S. if the White House confirms this rate at the end of a global tariff pause in July. This could undermine Vietnam's growth model and hit multinationals exporting from the country…

Thailand plans to import more liquefied natural gas (LNG) from the United States over the next five years, Finance Minister Pichai Chunhavajira said on Wednesday ahead of a meeting with U.S. officials next week to discuss tariffs.There is already an agreement to import 1 million metric tons of LNG worth $500 million next year as part of a 15-year plan starting in 2026 totalling 15 million tons, he said.Thailand is planning an additional contract for more than 1 million tons of U.S.

Cargo movements into and out of the United States could be re-shaped by proposals to levy fees on port calls by Chinese built or operated vessels, as well as potential sanctions based on whether the operator controls ships built in China or has tonnage on order there.In its Q1 2025 Dry Bulk Market Report, Maritime Strategies International (MSI) noted that as currently envisaged, the rules provide little clarity but could have a significant potential impact on North American dry bulk trades.

Iranian oil shipments into China are set to fall in the near-term after new U.S. sanctions on a refiner and tankers, driving up shipping costs, but traders said they expect buyers to find workarounds to keep at least some volumes flowing.Washington on Thursday imposed new sanctions on entities including Shouguang Luqing Petrochemical, a "teapot," or independent refinery in east China's Shandong province, and vessels that supplied oil to such plants in China, the top buyers of…

Alaskan state representatives will visit Japan this month to court investors for a natural gas project President Donald Trump says could pump trillions of dollars into the United States, but Japanese energy firms remain wary of its viability.Officials from the state-run Alaska Gasline Development Corporation (AGDC) and development partner Glenfarne Group will visit "allied Asian nations in late March to update industry leaders on Alaska LNG's economic and strategic competitive advantages…

The world's imports of liquefied natural gas are set to jump to the highest in a year in January as Europe's winter demand draws cargoes away from top-consuming region Asia.A total of 38.12 million metric tons of the super-chilled fuel is on track to be imported in January, up from 37.69 million in December and the most since January 2024's 38.73 million, according to data compiled by commodity analysts Kpler.The January volume is also the third-highest on record, underscoring…

U.S. President-elect Donald Trump does not intend to spare crude oil from his planned 25% import tariffs on Canada and Mexico, sources told Reuters on Tuesday, as the oil industry warned the policy could hurt consumers, industry and national security.Canada and Mexico are the top sources of U.S. crude oil imports, together accounting for around a quarter of the oil U.S. refiners process into fuels like gasoline and heating oil, according to the U.S. Department of Energy.The U.S.

Port Houston handled 3,430,212 TEUs through October of this year - 7% more than the same period last year. Container volumes in October specifically fell 15% compared to last October, reaching 309,623 TEUs.Despite this slight dip, volumes are expected to be solid through the end of this year. According to early market reports, activity is expected to surge in November and into the new year as users push volumes ahead of January’s labor contract expiration and the early Chinese New Year and factory closures in Asia.In October, loaded imports decreased by 13% and loaded exports dropped 21% compared to last year. Yet, total loaded container volumes remain up 6% year-to-date…

Concerns that Europe is facing a natural gas supply crunch this winter are overblown, with the liquefied natural gas (LNG) market already stepping up to avoid any shortfall, albeit at higher prices.European natural gas prices climbed to the highest level in two years last week, with the benchmark front-month contract at the Dutch TTF hub reaching 49.03 euros per megawatt hour on Nov. 22, equivalent to $14.97 per million British thermal units (mmBtu).Prices have rallied about 40% since mid-September amid fears that the remaining Russian pipeline supplies to Europe will be halted…

North Korea has likely received more than 1 million barrels of oil from Russia over an eight-month period this year in breach of U.N. sanctions, according to an analysis of satellite imagery published on Friday by the British-based Open Source Centre and the BBC.North Korean oil tankers have made more than 40 visits to Russia's Far Eastern port of Vostochny since March, the report on the research group Open Source Centre's website said."Dozens of high-resolution satellite images…

Iron ore futures soared on Monday, extending a rally spurred by hopes of an economic rebound for top steel producer and consumer China in the third quarter, and support for the country's troubled property sector.The most-traded iron ore, for September delivery, on China's Dalian Commodity Exchange DCIOcv1 ended daytime trade 7.1% higher at 711 yuan ($105.27) a ton, after earlier hitting 723.50 yuan, its strongest level since July 14.Iron ore's front-month August contract on the Singapore Exchange SZZFQ2 was up 2.2% at $105.40 a tonne…

In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tons as Chinese restrictions on Australian coal have started to hurt, according to Oceanbolt. This represents a 98.6% drop compared with 56.8 million tonnes in the same period in 2020.In the first seven months of 2020, 697 voyages were made carrying coal between Australia and China. Out of these, 59.1% were on Panamax ships while Capesize ships proved the second most popular, accounting for 35.3%.

Chinese crude oil imports fell year-on-year in June and July, ending a streak of five months of accumulated year-on-year growth. After the first seven months of 2021, China’s crude oil imports are down 5.7% compared with the same period last year. January to July imports stood at 301.9m tons, an 18.1m tons decline from January to July 2020.The June and July decline in crude oil imports is not attributable to unusually low imports as much as to unusually high imports in June and…