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In 2023, Russias export structure of Wallin products changed significantly, and the pulp exports grew significantly, increasing to 25.4%, reaching a total of 3.6 million tons. At the same time, the exports of timber and crude wood remained stable, but the growth of seals was slow. The Russian government restricted the exports of crude wood, promoted the development of forest products and further industrial development. With the deepening of China-Russia economic and trade cooperation, Russian forest products exports are expected to continue to escalate.

With the U.S. viewing Mexico as its largest trading partner, China’s manufacturing industry is experiencing a “risk de-risk” trend.In spite of challenges, Chinese companies are seeking to expand overseas in response to the global supply chain restructuring.

Despite facing global challenges, the Indian government forecasts GDP growth of more than 7 percent in the next fiscal year, confident in facing supply chain disruption, and plans to drive rapid growth through a series of reforms.

Natural rubber prices have reached a three-year high due to rising demand for new energy vehicles in China and reduced production in Thailand, and the global cost of rubber products has risen, affecting Japan and the global market.

Global demand for semiconductors is expected to improve due to the growth of AI and EVs in the second quarter of 2024.New plant production and technology investment drive industry growth despite facing economic challenges.

December 2023 U.S. clothing retail growth, household consumption decline.Chinas export share to the U.S. is stable, the main retail business performance is good, clothing, textile import trends are analyzed.