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The decline in industrial production data in Germany in March far exceeded market expectations, raising market concerns about further deterioration of the German economy. The German Federal Bureau of Statistics released data on Monday showed that the decline in industrial production in Germany in March was 3.4% and 1.3% more severe than analysts expected. Among them, poor performance in the automotive industry was one of the reasons for the decline in the automotive and automotive parts manufacturing output in March.

Last Friday, South African Rand depreciated the exchange rate for the US dollar by 1.8% in the plate, closing the Times 19.32 Rand for the US $ 1, reaching a record low. Foreign trade companies that have had recent trade with South Africa should keep an eye on the countrys exchange rate fluctuations, and stay in touch with customers and beware of exchange risks.

China and the relevant departments of the two countries officially signed the Free Trade Agreement via video on May 11, which is the first free trade agreement signed by Ecuador and Asian countries. It is that the China-Ecuador Free Trade Agreement includes a preamble and 17 chapters, through which the agreement, the two sides will a high level of mutual openness and promote China-Ecuador economic and trade cooperation in all aspects.

The Argentine Secretariat for Agriculture, Livestock and Fisheries and the Secretariat for Health Quality issued a number of resolutions on 20-21 April 2023, aimed at regulating food production operations, preventing food safety accidents and ensuring food safety.

On May 9, 2023, the Executive Board of the Brazilian Foreign Trade Commission issued an important decision to exempt import duties from 628 machinery and equipment products, and the duty-free policy will last until December 31, 2025.

In accordance with the relevant laws and regulations of China and the provisions of the General Administration of Customs of the Peoples Republic of China and the Ministry of Agriculture and Livestock Industry of the Federal Republic of Brazil, following strict sanitary and sanitary requirements, the import of Brazilian land-based animal protein feed that meets the relevant requirements is now allowed.