According to Vietnam general customs department, USA is the largest export market of Vietnam in Quarter 1/2023 with total turnover reached 20,76 billion USD, China is the largest import market with 23,6 billion USD
Source: https://taisancong.vn/kim-ngach-xuat-nhap-khau-tai-mot-so-thi-truong-chu-yeu-cua-viet-nam-20045.html
Freight rates have experienced a downward trend in recent weeks, driven by the implementation of U.S. tariffs on goods from China and the cessation of de minimis exemptions...
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Logistics and supply chain operations sit at the heart of business performance, influencing everything from efficiency and cost control to customer satisfaction. One of the...
IATA data shows that demand measured in cargo tonne km terms increased by 4.4% year on year, while capacity was up 4.3% and the cargo load factor was flat at 47.5%.
Cargo charter flights out of China have been cancelled as a result of a rapid decline in e-commerce demand to the US, according to freight forwarder Dimerco.
The US de minimis exemption for packages from China and Hong Kong ends today, with air cargo waiting to see how much of an impact it will have on the market.
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