Topic
buyers
Trade US overtakes China as largest buyer of Indian spices in FY26 as Chinese demand plunges
In FY26, the United States overtook China as the largest buyer of Indian spices by value, with exports to the US reaching $624.35 million. Overall Indian spice exports declined 6.1% to $4,430 million, driven by a 32% drop in shipments to China as the country boosted domestic chilli and cumin production.
Business Three in Five UK Homes Remain Unsold as High Mortgage Rates Hit Buyer Demand
Zoopla reports that three in five homes listed for sale since January remain on the market, as high mortgage rates and elevated asking prices frustrate buyers. Agreed sales are 7% below last year, with sharp regional variations. First-time buyers are most exposed, while recent rate cuts offer some hope.
E-Commerce & Marketplaces The Sale Starts Without You: Winning B2B Buyers Before They Call
B2B buyers now research and shortlist suppliers online before contacting sales. Unilog's CX1 Essentials offers small distributors a cost-effective way to build a professional digital storefront with clean product data and ERP connectivity.
Trade US buyers keen to stitch deals with Indian apparel exporters
Despite strong interest from US buyers, Indian apparel exporters face pricing pressure with discounts demanded up to 10%. India's readymade garment exports fell for the sixth straight month in May 2026, down 14.1% year-on-year, primarily due to weak US demand. Competing sourcing destinations like Vietnam, Indonesia, and Cambodia are outperforming India, though Free Trade Agreements with the UK and Europe offer some relief.
Trade India's Gold Demand Plummets 70% Amid Import Duty Hike
India's gold demand has decreased by 70% following a significant import duty increase from 6% to 15% effective May 13, 2026. The India Bullion & Jewellers Association reports a steep decline in purchases, impacting the unorganised sector heavily.