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Weekly Trade Update: 21/11/24

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Weekly Trade Update: 21/11/24
DHL Global Connectedness Tracker 2024
Relaunch of UK-India free trade agreement
Customs 101 – Part Three

DHL Global Connectedness Tracker 2024

Unveil key global trade trends to enhance your cross-border trading strategy! DHL’s Global Connectedness Tracker 2024 was launched this week – an extension of the DHL Global Connectedness Report. The tracker combines an in-depth analysis of the state of globalisation with a powerful data tool that allows customised deep-dives into the state of global trade. While the Global Connectedness Reports are published every two years, the tracker provides a shortened, downloadable format of reports so you can stay updated on key trends in between.

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Relaunch of UK-India free trade talks

Following a meeting at the G20 summit, the Prime Minister has announced that UK-India trade talks will relaunch in the new year. A deal with India would strengthen the UK’s trading relationship, worth £42 billion as of June 2024, and help to deliver on a strong economy. As well as establishing a trade agreement, the UK also aims to deepen co-operation with India in areas such as security, education, technology, and climate change.

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Customs 101 – Part Three

Up next in our informative Customs 101 video series, part three covers what a customs declaration is, why you need one, and how to complete your customs declaration so your delivery reaches its destination without a problem. When you travel internationally, you need to present your passport. Similarly, your parcel also needs documents to cross a border. A customs declaration is a set of documents providing important information about the transported goods.

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