Trade Information

Total Value of Imports and Exports by Major Countries and Regions - April 2025

According to data released by China Customs, the total value of China's goods trade in the first four months of 2025 reached RMB 14.14 trillion, an increase of 2.4% year-on-year (YoY).

According to data from China Customs, China imported 45,100 metric tons of vinyl chloride monomer (VCM) in March 2025, representing a year-on-year increase of 241.01% but a month-on-month decline of 36.27%.

Effective May 7, 2025, China will impose anti-dumping duties on imports of cypermethrin originating from India

On May 3, India's Directorate General of Foreign Trade (DGFT) issued a notice announcing an immediate ban on the import of goods originating from or transiting through Pakistan.

Starting next year, France plans to impose additional fees on small parcels arriving from China

On April 21, 2025, the U.S. Food Safety and Inspection Service (FSIS) issued the second revision of its directive titled Export Certification and Inspection of Natural Casings.

The services trade deficit stood at RMB 303.88 billion, narrowing by RMB 24.46 billion compared to the same period last year.

The move is intended to prevent circumvention of trade regulations through false origin declarations for goods exported to the U.S.

The total value of trade-related friction measures fell 19.9% year-on-year and 2% month-on-month.

In response, the three countries submitted official letters to the U.S. Department of Commerce opposing the investigation.

In April 2025, the U.S. state of New Mexico passed the Per- and Poly-Fluoroalkyl Substances Protection Act

Ontario Premier Doug Ford recently introduced the Protect Ontario Through Free Trade Within Canada Act in the provincial legislature, aiming to promote free trade and labour mobility within Canada.

Jordan officially adopted its new chemical classification and labelling regulation on December 30, 2024. The updated regulation will enter into force on June 1, 2025.

Indonesia's Harmonization of Tax Regulations Law (HPP Law), enacted in 2021, stipulated that the VAT rate would increase from 11% to 12% effective January 1, 2025.

Recently, South Korea's Ministry of Food and Drug Safety (MFDS) issued Announcement No. 2025-17, amending certain provisions of the 'Standards for Labelling of Foods, etc.'

According to the Framework Agreement, both sides will work together to promote the development of manufacturing and the transformation and upgrading of agriculture in African countries

In recent years, economic and trade cooperation between China and Cambodia has deepened significantly, with industrial and supply chains of both nations becoming increasingly integrated.

The United States has announced new anti-dumping and countervailing duties on solar products imported from Cambodia, Vietnam, Thailand, and Malaysia, following the conclusion of a year-long trade investigation.

According to Yonhap News Agency, South Korea's Ministry of Trade, Industry and Energy (MOTIE) has announced a proposed amendment to the Act on Prevention of Divulgence and Protection of Industrial Technology

Kenya, China's comprehensive strategic partner in Africa and a key participant in the Belt and Road Initiative, continues to deepen its trade ties with China.

The European Parliament and the Council of the European Union have voted to adopt the first reading of a new Toy Safety Regulation, which aims to replace the current EU Toy Safety Directive.

On April 17, 2025, the Office of the United States Trade Representative (USTR) announced updates to its plan to impose fees on Chinese vessels.

On April 17, the 9th Meeting of the China-Georgia Intergovernmental Commission on Economic and Trade Cooperation was held in Tbilisi.

ccording to a recent announcement by the Press Information Bureau (PIB) of India, a total of 187 Quality Control Orders (QCOs) have been issued by regulatory bodies across various sectors.

On April 16, China and Azerbaijan convened the 10th session of the China-Azerbaijan Intergovernmental Committee on Economic and Trade Cooperation in Baku.

On April 15, the White House announced that President Trump has signed an executive order formally launching a Section 232 investigation into critical minerals and their derivatives.

The European Union and South Korea have successfully concluded negotiations on a Digital Trade Agreement (DTA), marking a significant step in addressing the rapid pace of digital transformation.

Vietnam is set to implement a new national standard governing fuel consumption limits and evaluation methods for passenger cars

Once all projects are completed, Wanhua's total isocyanate capacity will reach 5.94 million tons/year, further cementing its position as the world's largest MDI/TDI producer.