Sandra Odendahl’s Post

So we looked at export data from the last 10 years, and conclude that low-carbon exports are taking off… growing at an annual rate that is 2x all other exports. From critical minerals to electric motors, Canada’s diverse basket of low-carbon exports is outpacing the growth of all other exports. Since 2013, Canada’s low-carbon exports have more than doubled in value, growing from $15.8 billion to $38.7 billion last year. That’s nearly twice the growth rate of all other exports combined and shows the potential for future opportunities in a global economy increasingly moving to net zero.

Queensland Goods Exports FY2023-24: Key Highlights In FY23-24, Queensland's goods exports showcased strong performance, totaling $112.8 billion. Here’s a snapshot of the key points: ⛏️ Coal Exports: Coal exports remained robust at $58.3 billion, with India as the top market, followed by Japan, South Korea ($7.5B), and others. 🌍 LNG Exports: LNG exports reached $22.4 billion, with a 7.0% increase in export volume. China accounted for 61% of the LNG export volume. 🥩 Agricultural Exports: Agricultural exports stood strong at $13.7 billion. Notably, beef exports rose by $482 million. ⚙️ Metals Exports: Metals exports grew by $1.0 billion, with increases in aluminium, lead, and copper. 🥇🥈🥉Top Markets: China took the gold medal with $25.2 billion in exports, followed by Japan and India. Together with South Korea ($14.2B), these markets comprised nearly two-thirds of Queensland's export value. Queensland continues to be a powerhouse in the export market, outpacing NSW and VIC combined. #QueenslandExports #Trade #Economy #Coal #LNG #Agriculture #Metals #ExportMarket For more details, visit https://lnkd.in/gmFayvsN

SECTOR UPDATE: The Australian-China trade route is experiencing a robust recovery, significantly impacting the dry bulk market. Banchero Costa reports a notable 5.8% increase in global seaborne coal loadings, reaching 1,339.5 million tonnes in 2023. Specifically, Australian coal exports to China, which had nearly ceased, surged back to 56 million tonnes. This resurgence underscores the critical role of geopolitical factors in global trade dynamics. China's seaborne coal imports grew by 10.1% year-on-year in early 2024, reflecting the strengthening economic ties between these two major players. This recovery is not just a testament to the resilience of the coal market but also highlights the strategic importance of maintaining and adapting trade routes. The increasing coal trade between Australia and China is a vital indicator of broader economic recovery and stability in the maritime industry. . . Reference: https://lnkd.in/dBHAaxsr . . #DryBulkMarket #CoalTrade #MaritimeIndustry #ShippingNews #AustraliaChinaTrade #GlobalTrade #CoalExports #ShippingRoutes #SeaborneTrade #TradeRecovery #MaritimeLogistics #GlobalEconomy #CommodityTrade #ShippingTrends #CoalMarket #BancheroCosta #TradeStatistics #EconomicRecovery #ShippingUpdates #GlobalShipping #aceshipbrokers

B.C.’s economy is increasingly reliant on resource products B.C.'s merchandise exports fell to $56.2 billion in 2023, down from a peak of $65 billion in 2022 A hard truth about B.C.’s trade is the outsized role natural resource-based products play in the export mix. Added together, energy, non-metallic minerals and related products, metal ores, forest products and agri-food represent over two-thirds of B.C.’s international exports of goods. This is higher than the comparable share for Canada and for most other advanced economy jurisdictions. Energy is also about to be an even bigger factor in B.C.’s export mix, when liquefied natural gas (LNG) production and shipments begin next year. Added together, the giant LNG Canada facility in Kitimat, Woodfibre LNG’s LNG plant near Squamish and the planned Cedar LNG project will be adding another $6 billion to $8 billion in export earnings for the province before the end of the decade. We estimate that by 2030, energy will be supplying at least 45 percent of the province’s annual merchandise exports, cementing the sector’s foundational role in B.C.’s economy. Looking beyond B.C., it is hard to overstate the importance of energy to the broader Canadian economy. In its latest “scorecard” report, the Coalition for a Better Future notes that “over the past decade, Canada recorded a cumulative trade gap of $130 billion. If not for energy, our trade gap would have been about $1 trillion.” By any measure, the energy sector punches well above its weight when it comes to paying the bills—in Canada and, increasingly, in British Columbia, too. “While the outsized role of natural resources in B.C.’s economy might be seen as a weakness, it’s one of our provinces and our countries biggest strengths. We need governments that are committed to helping our resource sectors be competitive, both in finding access to markets and ensuring costs are level with competitors.” Jack Middleton, Director of Policy at Sedgwick Strategies Read more: https://lnkd.in/gygnv2_v

SECTOR UPDATE: The Australian-China trade route is experiencing a robust recovery, significantly impacting the dry bulk market. Banchero Costa reports a notable 5.8% increase in global seaborne coal loadings, reaching 1,339.5 million tonnes in 2023. Specifically, Australian coal exports to China, which had nearly ceased, surged back to 56 million tonnes. This resurgence underscores the critical role of geopolitical factors in global trade dynamics. China's seaborne coal imports grew by 10.1% year-on-year in early 2024, reflecting the strengthening economic ties between these two major players. This recovery is not just a testament to the resilience of the coal market but also highlights the strategic importance of maintaining and adapting trade routes. The increasing coal trade between Australia and China is a vital indicator of broader economic recovery and stability in the maritime industry. . . Reference: https://lnkd.in/d_Q4UQBG . . #DryBulkMarket #CoalTrade #MaritimeIndustry #ShippingNews #AustraliaChinaTrade #GlobalTrade #CoalExports #ShippingRoutes #SeaborneTrade #TradeRecovery #MaritimeLogistics #GlobalEconomy #CommodityTrade #ShippingTrends #CoalMarket #BancheroCosta #TradeStatistics #EconomicRecovery #ShippingUpdates #GlobalShipping #aceshipbrokers

The data shows that exports totalled N19.17 trillion, while imports came in at N12.64 trillion. Nigeria’s export performance translates to a substantial surplus, highlighting the country’s growing presence in the global trade arena. The NBS said the most exported commodities within the period were crude oil, liquefied natural gas, sesamum seeds, urea (whether or not in aqueous solution), and superior-quality cocoa beans. Analysis of NBS data by TheCable Index indicates that over 71 percent (N13.63 trillion) of exports went to the following partner nations: https://lnkd.in/dhm6QeRN #TheCableIndex

Namibia’s exports surpass N$100 billion in 2023 Namibia’s exports continue to be on an upward trajectory surpassing a N$100 billion mark by recording N$105.0 billion during 2023, compared to N$97.4 billion registered during 2022. According to the Namibia Statistics Agency (NSA), during the month of December 2023, the country’s trade balance stood at a deficit of N$299 million a notable improvement when compared to N$4.0 billion and N$1.4 billion recorded in November 2023 and December 2022, respectively. https://lnkd.in/d2jPmkE2

🚢 Dry Bulk Market Update: Colombia's Coal Exports Surge in 2024 📈 In a significant development for the dry bulk market, Banchero Costa's latest report highlights a notable rise in global coal trade, now back to pre-Covid levels. Key insights include: 🌍 Global Coal Trade Trends: Jan-Dec 2023: Global seaborne coal loadings rose by +5.8% y-o-y to 1,339.5 mln t. Jan-Mar 2024: Continued positive trend with a +3.2% y-o-y increase to 329.0 mln t. 🇮🇩 Top Exporters: Indonesia: +6.3% y-o-y to 128.2 mln t Australia: +8.5% y-o-y to 84.4 mln t USA: +4.8% y-o-y to 21.9 mln t South Africa: +5.3% y-o-y to 15.1 mln t 🇨🇴 Colombia's Rise: Jan-Mar 2024: Coal exports surged by +20.6% y-o-y to 15.4 mln t. 2023: Total exports reached 56.4 mln t, a +1.9% y-o-y increase. 📈 European Diversification: Coal exports to the EU surged as Europe diversifies away from Russian supplies. 2021-2022: Exports to the EU increased by +95.3% and +99.0% respectively. 2023: Declined by -14.0% y-o-y but remain substantial. 📍 Key Ports: Puerto Bolivar: 36.4% of total coal exports in 2023. Puerto Drummond: 27.6% of total exports. Buenaventura: Main Pacific coast port with significant shipments to Japan, South Korea, India, and Chile. 🌏 Major Importers: China: Coal imports surged by +1945% y-o-y in 2023 to 6.1 mln t. South Korea: Rebounded by +98.0% y-o-y to 4.2 mln t in 2023. This rise in Colombian coal exports reflects shifting global trade dynamics and increasing demand, particularly in Europe and Asia. The coming months will be crucial to watch as these trends unfold. Report by Banchero Costa. #DryBulk #ShippingIndustry #CoalExports #GlobalTrade #MaritimeNews

Namibia’s exports surpass N$100 billion in 2023: Namibia’s exports continue to be on an upward trajectory surpassing a N$100 billion mark by recording N$105.0 billion during 2023, compared to N$97.4 billion registered during 2022. According to the Namibia Statistics Agency (NSA), during the month of December 2023, the country’s trade balance stood at a deficit of N$299

🚀 Brazil Achieves Record Surplus of USD 8.67 Billion with Arab Countries in 2023! Brazil's trade balance with Arab countries marked a historic milestone by closing 2023 with a staggering USD 8.67 billion surplus, showcasing a remarkable 218.6% increase from the previous year. 📈 💼 Key Sectors: Sugar, Poultry, Iron Ore - Driving Exports Growth 📊 Stats: 218.6% Increase | Exports Rise 9.2% | Imports Drop 28.9% 🌐 Global Impact: Arab Countries 3rd Main Buyer of Brazilian Products 🚀 Opportunities: Explore New Segments Beyond Traditional Trade 🌟 Recognition: Trust in Brazilian Quality Boosts Trade Framework 🌏 Destination Countries: Saudi Arabia, UAE, Algeria, Egypt, Iraq 💡 Future Focus: Pharma, Joint Projects, SMEs - Avenues for Growth 🤝 Collaboration: Strengthening Ties for a Prosperous Future! #BrazilTrade #ArabPartnership #GlobalEconomy #Meat https://lnkd.in/eukBZSgz