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Environment / 1 hour ago
Venezuela’s oil production shows signs of recovery amid sanctions
Venezuela’s oil industry has begun a cautious recovery after nearly a decade of steep decline, but production levels remain far below their former peak. Venezuela’s oil industry has begun a cautious recovery after nearly a decade of steep decline, but production levels remain far below their former peak. According to data compiled from Kpler, The National News, Investopedia, and CBC, Venezuela’s crude oil production fell from around 2.7 million barrels per day in 2015 to a low of roughly 569,000 barrels per day in 2020.
Business / 2 days ago
Who leads the world in butter exports?
The global butter trade may not grab headlines every day, but it’s a big business that grossed US$10.3 billion in 2024, up from US$6.4 billion in 2020. The global butter trade may not grab headlines every day, but it’s a big business that grossed US$10.3 billion in 2024, up from US$6.4 billion in 2020. Export data shows that a small group of countries dominate the world market, with Ireland, the Netherlands and New Zealand taking the top spots.
Business / 2 days ago
What the EU-Mercosur trade agreement is all about
The EU-Mercosur trade agreement is a wide-ranging pact between the European Union and the Mercosur bloc: Argentina, Brazil, Paraguay and Uruguay. The EU-Mercosur trade agreement is a wide-ranging pact between the European Union and the Mercosur bloc: Argentina, Brazil, Paraguay and Uruguay. In practical terms, it is designed to lower barriers to trade and investment, set common rules for doing business, and create a more predictable framework for political and economic cooperation between the two regions.
Business / 1 week ago
Global vitamin imports: Why China and the US lead a growing market
Global demand for vitamins continues to rise, driven by ageing populations, expanding healthcare systems and a growing focus on nutrition and preventative health. New trade data from World’s Top Exports shows which countries are importing the most vitamins by value, and the results highlight clear economic and industrial patterns. Global demand for vitamins continues to rise, driven by ageing populations, expanding healthcare systems and a growing focus on nutrition and preventative health. New trade data from World’s Top Exports shows which countries are importing the most vitamins by value, and the results highlight clear economic and industrial patterns. China is the world’s largest importer of vitamins, with imports valued at US$415.3 million, accounting for 8.2% of total global vitamin imports. This reflects the country’s massive pharmaceutical, food processing and supplements industries, alongside rising domestic demand linked to urbanisation and health awareness.
Business / 1 week ago
Why is the world watching Venezuela's oil reserves?
Venezuela holds around 303 billion barrels of proven crude oil reserves, more than any other nation on Earth and roughly 17 per cent of the global total. Venezuela holds around 303 billion barrels of proven crude oil reserves, more than any other nation on Earth and roughly 17 per cent of the global total. That massive number places it above Saudi Arabia, Iran and Canada, a fact that once made the country one of the most influential players in the global oil market.
Politics / 1 week ago
This is why Iranians are protesting
Iran is facing one of its most significant waves of unrest in years, with protests spreading across dozens of cities and provinces since December 2025. Iran is facing one of its most significant waves of unrest in years, with protests spreading across dozens of cities and provinces since December 2025. What began in Tehran’s Grand Bazaar has quickly expanded far beyond the capital. Demonstrations are now reported in major cities, including Mashhad, Shiraz, Isfahan, and Kerman, with unrest affecting nearly all 31 provinces.
Business / 1 week ago
Mexico now dominates global brandy exports
Brandy is often associated with old European distilleries, but the global trade tells a very different story today. New export data shows that Mexico has quietly become the world’s largest exporter of brandy by a wide margin. Brandy is often associated with old European distilleries, but the global trade tells a very different story today. New export data shows that Mexico has quietly become the world’s largest exporter of brandy by a wide margin. Mexico accounts for 43.5% of total global brandy exports, with shipments valued at $4.1 billion. That puts the country far ahead of every other exporter.
World / 2 weeks ago
Who really powers the world’s hot chocolate market?
The Netherlands has emerged as the world’s largest hot chocolate exporter, which accounts for 23.5% of global exports and is valued at approximately $813 million, according to the World’s Top Exports. The Netherlands has emerged as the world’s largest hot chocolate exporter, which accounts for 23.5% of global exports and is valued at approximately $813 million, according to the World’s Top Exports. The country’s dominance reflects its long-established role as a global cocoa processing and food manufacturing hub, centred around the Port of Amsterdam and advanced agri-processing infrastructure.
Business / 5 weeks ago
How market capitalisation milestones reveal a century of economic power shifts
From U.S. Steel becoming the world’s first billion-dollar company in 1901 to Nvidia’s projected rise toward a $5 trillion valuation, market capitalisation milestones trace a century-long shift in global economic power from heavy industry to consumer technology and now artificial intelligence. From U.S. Steel becoming the world’s first billion-dollar company in 1901 to Nvidia’s rise toward a $5 trillion valuation, market capitalisation milestones trace a century-long shift in global economic power from heavy industry to consumer technology and now artificial intelligence. At the start of the 20th century, U.S. Steel’s $1.4 billion valuation reflected an economy driven by railroads, construction, and large-scale manufacturing, with steel forming the backbone of global industrial growth.
Business / 5 weeks ago
Why pumpkin exports are growing now
Pumpkins may be most famous during Halloween and Thanksgiving, but the global pumpkin trade is now a serious agricultural business shaping export earnings for several countries. Pumpkins may be most famous during Halloween and Thanksgiving, but the global pumpkin trade is now a serious agricultural business shaping export earnings for several countries. New data from World’s Top Exports shows that Spain and Mexico dominate the global pumpkin market in 2024, together accounting for more than 64% of worldwide pumpkin exports.
Business / 6 weeks ago
Qatar’s exports surge to Asia as China becomes its top global market
Qatar’s export landscape is shifting even more firmly toward Asia, with new 2024 data showing China, South Korea and India as the country’s top destinations for goods. Qatar’s export landscape is shifting even more firmly toward Asia, with new 2024 data showing China, South Korea and India as the country’s top destinations for goods. The figures, published by World’s Top Exports, offer a clear picture of where Qatar’s energy-rich economy is finding its strongest demand, and how global geopolitical changes are shaping those relationships.
