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Category: import export news
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Indian imports of Almonds is exploding as local supply cannot keep up to demand. As a result, India is importing almonds and walnuts from USA and other producing nations in record quantities.
In a big relief to Brazil's meat industry, China, Egypt and Chile have lifted bans on import of meat such as beef and pork from Brazil. Earlier, these countries had banned meat import from Brazil following reports of bribery and impropriety by Brazilian exporters to government officials and inspectors in various countries.
India on March 7, 2017 imposed a temporary ban on imports of agricultural products from Vietnam due to “repeated interception of quarantine pests”. Its notable that India imports coffee beans, bamboo, black pepper, cinnamon, cassia and dragon fruit from Vietnam among other products.
The Indian Government on Tuesday March 28th, 2017 announced an introduction of 10% import duty on wheat and pulses. It had earlier abolished these duties four months back. In these four months, import of these commodities increased substantially causing dollar outflows.