International Trade

South Korea trade surplus

South Korea’s trade surplus shows K-beauty global power

By Natasha Spencer

As South Korea’s cosmetics industry saw a trade surplus of over three trillion won (€2.3 bn) — how much exports exceed the cost of the country’s imports — K-beauty is now fiercely expanding into European markets.

China cosmetics giant launches in Australia

China cosmetics giant launches in Australia

By Lucy Whitehouse

Uniasia Cosmetics, a leading player among China's cosmetics giants (described as the country's third-largest retailer), has made a decisive move into the Australian market.

China's e-commerce tax changes set to benefit beauty

China's e-commerce tax changes set to benefit beauty

By Lucy Whitehouse

China is reportedly altering its tax policy for e-commerce in a move which will further promote cross-border trading for the country, and looks set to particularly benefit cosmetics sales.

The Philippines looking to develop its halal market

The Philippines looking to develop its halal market

By Lucy Whitehouse

The Philippines is looking to bolster its halal industry, and has introduced various new bills to encourage the manufacture, accreditation and trade of domestically produced halal products.

Japan's feeling the heat to follow EU ethics on animal testing

Japan's feeling the heat to follow EU ethics on animal testing

By Michelle Yeomans

Although Japanese law does not require most cosmetics to undergo animal testing - it is not prohibited and the government is really feeling the pressure to introduce the same regulatory requirements around alternatives as the EU.

Korea's beauty players dominate China's cosmetics imports

Korea's beauty players dominate China's cosmetics imports

By Michelle Yeomans

According to the Korean International Trade Association, Korean companies accounted for 22.1 per cent of China's imported cosmetics in 2015, closing the gap with its French rivals whose combined market share was 30.6 per cent.

South Korea's cosmetic exports are on the up!

South Korea's cosmetic exports are on the up!

By Michelle Yeomans

According to South Korea’s customs office, cosmetic exports made it out of the red in 2014, giving the country its first annual surplus in the sector.

China cosmetics rank high in chemical risk list

China cosmetics rank high in chemical risk list

By Michelle Yeomans

China has 'once again' been named the front-runner of a "hit list" of dangerous products, according to the German Institute for Occupational Safety and Health’s (Baua).

TTIP US - EU trade talks look positive

EU-US trade talks look positive, and cosmetics is on the agenda

By Andrew MCDOUGALL

The European Commission will host a sixth round of EU-US trade talks next month on a new trade and investment deal, known as the Transatlantic Trade and Investment Partnership, or TTIP; and the outlook is positive as Europe is in a strong position.

MSME, India, exports

India’s smaller businesses losing out

By Lucy Whitehouse

India’s micro, small and medium enterprises may need to step it up with exports, as recent figures show that the country’s MSME exports are declining.

Green growth in China goes super-natural

Green growth in China goes super-natural

The global natural personal care market has flourished in recent years and despite stabilising in mature markets, it continues to chart impressive figures, particularly in China.

China imposes anti-dumping duties on US and EU chemicals

China imposes anti-dumping duties on US and EU chemicals

By Michelle Yeomans

China has imposed anti-dumping duties on the imports of two chemicals widely used as coupling agents for water-based coatings present in cosmetics and other consumer goods from the US and the European Union.

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