News

Emirates News Agency on MSN9h
EU: Decline in both value, volume of imported petroleum in Q1
In the first quarter of 2025, the EU imported €95.3 billion worth of energy products, amounting to a total of 176.4 million tonnes. Compared with the first quarter of 2024, the value of imports ...
U.S. GDP Contracts 0.5% in Q1 as Inflation Rises and Consumer Spending Slows
U.S. GDP fell 0.5% in Q1 2025 as imports surged and consumer spending weakened. Traders brace for short-term bearish signals ...
U.S. economy shrinks 0.5% in Q1, 1st contraction in 3 years
The January-March drop in gross domestic product — the nation’s output of goods and services — reversed a 2.4 per cent ...
Philstar.com on MSN5d
Dairy imports up 15% in Q1
The country’s dairy imports in the first quarter rose by 15 percent on an annual basis to over 870,000 metric tons in liquid ...
moneycontrol.com3d
US economy shrank 0.5% in Q1 on import surge ahead of tariffs
US economy shrank 0.5% in Q1 on import surge ahead of tariffs US GDP decreased at an annual rate of 0.5 percent in the first quarter, according to the Department of Commerce, down from an earlier ...
Timber imports rise for first time in four years
Many of the main timber and panel products sectors expanded during Q1, with strong growth in volumes realised by OSB, plywood ...
The Punch on MSN11d
Nigeria imports N1.2tn crude as local output stumbles
Despite being Africa’s largest crude oil producer, Nigeria imported crude oil worth N1.19tn in the first quarter of 2025 due ...
Builders' Merchants News10d
First timber import growth in Q1 since 2021
Volumes were 0.6% higher in Q1 2025 than they were in 2024, reaching 2.26 million m3, according to the latest TDUK figures.
CNBC on MSN24d
How big trade deficit drop as tariffs hit imports is playing out inside U.S. supply chain and economy
Supply chain data shows the flip side to the drop in the trade deficit: an import surge has turned into a pause and small businesses face the most pain.