Outside the United States, global demand for Chinese products is hitting new highs. Despite being a major target of U.S. tariffs, China has strengthened its trade relationships across Africa, Southeast Asia, and Europe in 2025. While China cements its role as a global export leader, the U.S. is increasingly shifting its focus toward self-reliance.
In 2024, China’s exports rose 6%, reaching $3.6 trillion, further widening the gap with the U.S. To put it in perspective, over one-third (36%) of the world’s export containers now carry Chinese goods. China is also expected to see record shipment volumes in 2025, particularly across Latin America, Africa, and Asia.
The United States remains the world’s second-largest exporter, recording $2.1 trillion in exports last year. From January to July 2025, Canada and Mexico together made up about 30% of U.S. export demand.
Coming in third, Germany’s exports declined by 1% to $1.7 trillion, while the Netherlands followed with $921 billion.
Meanwhile, Vietnam, Hong Kong SAR, and France recorded the fastest export growth, up 14%, 12%, and 11%, respectively. Vietnam’s surge was driven by strong sales of oil, coffee, and rice, reflecting its growing role in shifting global supply chains.
Overall, China accounted for 14.6% of global exports in 2024, the largest share of any country. In contrast, while several economies experienced double-digit export growth, Australia saw the sharpest decline.
Source: collect
As sustainability continues to gain importance across global business operations, Green Procurement is becoming a key consideration in sourcing strategies and supply chain management
Recent developments in the Middle East continue to have a significant impact on the global logistics industry. The ongoing closure of the Strait of Hormuz, combined with prolonged regional instability, is driving up transportation costs, affecting carrier operations, and placing additional strain on international supply chains.
For many years, logistics was viewed primarily as a back-end support function. Today, amid increasing global trade volatility, logistics has become a strategic factor directly influencing business growth, risk management capability, and long-term competitiveness.
As our Team Building journey in Phu Yen comes to a close, what remains is not only beautiful photos or joyful moments, but a stronger team spirit than ever before.
Our Team Building 2026 journey in Ninh Binh has come to a successful close, leaving us with meaningful memories, stronger connections, and renewed energy for the road ahead.
On the occasion of International Children’s Day (June 1st), GLOTRANS offices and branches nationwide simultaneously organized a meaningful gift-giving program for the children of employees currently working at the Company.
The shipment of food additives was transported in container No. FCIU3301688 (20’), under B/L MPRSMUM1806, on the voyage from Nhavasheva Port (India) to Dinh Vu Port (Hai Phong, Vietnam) on 29/04/2017.
Company T (Plaintiff – the Insured) entered into an insurance contract with Company B (Defendant – the Insurer). After the insured event occurred, the Insurer alleged that the Insured had violated its obligation to prevent and mitigate losses. The Arbitral Tribunal acknowledged that such an obligation exists but concluded that the Insured did not breach it.
Under the insurance contract, the premium was to be paid in three installments, and in all three, the insured party was late in payment. When a dispute arose, the insurer (Defendant) argued that the insurance contract had terminated before the insured event occurred due to the late premium payment and therefore refused to make an insurance payout. However, the Arbitral Tribunal held a contrary view.
