The General Administration of Customs of China (GACC) has lowered the import value-added tax (VAT) on 16 agricultural products. This change, which became effective early February, will see the VAT on the majority of the listed products decrease from 13% to 9%. The products included are...
China has granted zero-tariff treatment to all South African exports, including wine, under a landmark bilateral economic partnership agreement. This makes South Africa the 33rd African nation to secure full zero-tariff access to China under this framework. This agreement removes tariffs on South African wine imports,...
A social media account, affiliated with Chinese broadcaster CCTV, Yuyuan Tantia, has announced that China may potentially launch an investigation into French wines or impose reciprocal tariffs on EU products if the French government pushes for tariffs on Chinese goods. This is in response to a...
The European Union (EU) remains the world’s largest producer and consumer of rapeseed oil, followed by China. Global rapeseed oil output in the 2025/26 crop year totalled approximately 35.1M tonnes, an increase of around 1.4M tonnes compared with the previous season. The EU was the largest...
The increasing imbalance between the volume of China's exports and imports is beginning to impact functional container ship tonnage, requiring more container equipment and handling, as the ratio of exports to imports over the last two years has steadily risen from 3.12 to 3.29. With China...
With the US market for German wine dramatically decreased due to tariffs, German wine exports have shifted eastward, with sales to China growing for a second straight year at a rate of 8% per annum. Chinese customs data compiled by Vino Joy News reflects this upward...
China and the USA have agreed to suspend port call fees on each other's vessels for a period of a year, delivering temporary relief to global shipping companies caught in escalating trade tensions. This announcement is part of a broader truce between the two nations as...
Australia's largest port container, The Port of Melbourne has partnered with the world's largest port container, the Port of Shanghai, in a bid to establish a Green Shipping Corridor between the two locations. The two parties will collaborate with industry partners to reduce the environmental impact...
One of Australia's largest exports to the US, beef, is among hundreds of food products now exempt from the 10% reciprocal tariffs imposed earlier this year by President Trump. This tariff exemption, signed by Executive Order on the 14th of November, provides ample opportunity for Australian...
Current tensions between Canada and China could result in an opportunity for Australian farmers to increase the volume of canola exports to China. Alongside an anti-dumping probe into Canadian canola, Beijing imposed preliminary duties of 75.8% on imports of the oilseed from the country in August,...