US Imports Drop Sharply Disrupting Asian Supply Chains

US Imports Drop Sharply Disrupting Asian Supply Chains

Panjiva data reveals a continued decline in US import shipments, impacted by the pandemic, decreased demand, and trade frictions. While Chinese exports have significantly decreased, export growth in other Asian regions has partially offset this. Tariffs are impacting imports of products like furniture and apparel. Moving forward, businesses should proactively address supply chain risks, focus on emerging markets, and pursue digital transformation to navigate the evolving global trade landscape.

01/15/2026 Logistics Industry Insights
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US Import Volumes Drop Sharply Amid Pandemic Demand Decline

US Import Volumes Drop Sharply Amid Pandemic Demand Decline

Panjiva data reveals a continued decline in US import freight volume, impacted by both the pandemic and weakened demand. A significant drop in Chinese exports is a primary driver, accelerating supply chain diversification. It is recommended to strengthen international cooperation, reduce trade barriers, stabilize global trade, and promote digital transformation to mitigate these challenges and foster resilience in the global supply chain.

01/15/2026 Logistics Industry Insights
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Euchina Trade Tensions Rise Over Economic and Environmental Impacts

Euchina Trade Tensions Rise Over Economic and Environmental Impacts

China-Europe maritime transport is a crucial artery of global trade, supporting significant trade volumes and surpluses between the two regions. It's also a key component of the Belt and Road Initiative, holding geopolitical significance. However, maritime transport poses environmental challenges, including carbon emissions and marine pollution. Shipping costs are influenced by various factors, ranging approximately from $2000 to $4000 per cubic meter. Collaborative efforts between China and Europe are necessary to achieve sustainable development in maritime transport.

01/26/2026 Logistics
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Pandemic Risks Longterm Damage to Global Economic Growth

Pandemic Risks Longterm Damage to Global Economic Growth

An IHS Markit report indicates that the COVID-19 pandemic not only caused an economic recession but also poses a threat to long-term growth. The labor market, capital stock, and total factor productivity have all been negatively affected. Real GDP in developed economies is projected to be lower than pre-pandemic expectations by 2030. Accelerated digitalization may partially offset these adverse effects, but the overall long-term economic consequences remain significant and concerning.

01/26/2026 Logistics Industry Insights
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Pacific Customs Alliance Expands Regional Expertise for Sustainable Growth

Pacific Customs Alliance Expands Regional Expertise for Sustainable Growth

WCO, in collaboration with JICA and Japan Customs, is supporting Pacific Island Countries in building a pool of customs experts through training programs. This initiative aims to enhance their customs enforcement capabilities and promote trade facilitation. The project focuses on strengthening regional cooperation and improving customs administration in the Pacific region, ultimately contributing to economic growth and security.

12/30/2025 Customs Knowledge
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WCO Trains Data Analysts in South Korea

WCO Trains Data Analysts in South Korea

The World Customs Organization (WCO) held a data analysis lecture for WCO Scholarship Program students at Sungkyunkwan University in South Korea. The lecture covered data strategy implementation, customs data analysis applications, and geospatial intelligence. Through interactive discussions, WCO representatives answered student questions, helping to enhance customs data analysis capabilities and promote global trade security and facilitation. The initiative aims to equip participants with the skills necessary to leverage data for improved customs operations and decision-making within their respective administrations.

01/05/2026 Customs Knowledge
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WCO Aids Gambia in Strengthening Trade Audit Systems

WCO Aids Gambia in Strengthening Trade Audit Systems

The World Customs Organization (WCO) supports the Gambia Revenue Authority (GRA) in enhancing its Post Clearance Audit (PCA) capabilities through training and diagnostic assessments. This initiative aims to help Gambia build an efficient and compliant trade environment. The project covers PCA principles, risk management, and business cooperation, offering recommendations for improvement. The ultimate goal is to promote trade facilitation and economic development in Gambia.

01/05/2026 Customs Knowledge
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Bahrain Boosts Customs Audits with WCO Backing

Bahrain Boosts Customs Audits with WCO Backing

The World Customs Organization (WCO) held a Post Clearance Audit workshop in Bahrain to enhance Bahrain Customs' revenue collection capabilities. The workshop focused on international standards, risk management, and audit preparation, emphasizing the importance of risk assessment and data analysis in auditing. Through case studies and practical exercises, it helped Bahrain Customs officials master audit techniques, laying the foundation for building an efficient tax system. The training aimed to improve compliance and reduce revenue leakage through effective post-clearance control mechanisms.

01/05/2026 Customs Knowledge
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Uzbekistan Strengthens Customs Controls with WCO Backing

Uzbekistan Strengthens Customs Controls with WCO Backing

The World Customs Organization (WCO), through its Global Trade Facilitation Programme (GTFP), provided remote technical assistance to the State Customs Committee (SCC) of Uzbekistan, focusing on enhancing Post-Clearance Audit (PCA) capabilities. Through theoretical reviews, practical exercises, and case studies, the project significantly improved the auditing skills of Uzbek customs officers and provided recommendations for developing specific customs procedures. This initiative supports Uzbekistan's efforts to improve its trade facilitation level.

01/05/2026 Customs Knowledge
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Lesotho Customs Enhances Trade with WCO PCA Support

Lesotho Customs Enhances Trade with WCO PCA Support

In June 2019, the World Customs Organization (WCO) conducted a diagnostic mission to enhance the post clearance audit (PCA) capabilities of the Lesotho Revenue Authority (LRA). By assessing the LRA's institutional setup, infrastructure, and technical approaches, the WCO aimed to assist Lesotho in better implementing the WTO Trade Facilitation Agreement, optimizing trade processes, and fostering economic development. This collaboration demonstrates the WCO's vital role in global trade facilitation.

01/20/2026 Customs Knowledge
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