What the high volume of U.S. seafood imports means for consumers, domestic fisheries

June 6, 2013

Seafood is one of the most widely imported products throughout the U.S. and is shipped via ocean freight from countries all over the world. 91% of seafood consumed in the U.S. is imported. So what kind of seafood is shipped to the U.S. and where does it come from? A breakdown provided by Huffington Post’s What …

The trend for trade missions

May 31, 2013

Trade missions to develop and grow opportunities are trending across the U.S. We recently reported on Florida Governor Rick Scott’s trade mission to South America. It seems representatives from even more states are either planning future trade missions or already embarking on them. Vice President Joe Biden just completed a 6-day trip to Latin America. …

Building inspections reveal slew of problems in foreign factories supplying US retailers

May 28, 2013

Since the collapse of the Bangladesh factory that killed over 1,100 people in April, the Bangladesh government is now working to uncover how many factories may be on the verge of destruction. Of the 3,500 factories in the capital, the Dhaka Development Authority has inspected about 300 so far. Many problems have already been found …

India’s export growth on the rise despite decreasing shipment numbers

May 16, 2013

India’s Hindu Newspaper reported India’s exports were on the decline for eight consecutive months in 2012. However, exports started on the upward trend in January 2013. Given the statement that “exports grew for the fourth consecutive month”, we looked into these claims in the Import Genius international trade database to identify trends for India’s rise …

Fresh apples in no shortage of supply for India’s importers

May 13, 2013

Import Genius has recently included India data in addition to their Latin American and United States databases detailing ocean freight activity extracted from U.S. customs records. The new India database, revealing all shipment activity recorded at India’s Port of Mumbai, has given us key insights into India’s most widely imported products. The database searches import …

Domestic oil supply, crude oil prices account for increases at the pump

March 12, 2013

With the price of gas climbing at its fastest rate since 2005, the question among many consumers is what exactly causes the spike in prices at the pump. It’s important to distinguish how costs are affected by nationwide factors compared to foreign influences. The Maritime Executive reports that a common myth among consumers is that …