For ABRAMS world trade wiki, a global Business Intelligence Platform, participating in delegation trips to new countries is more than just a journey; it's a strategic investment in our growth and mission. These trips provide us with unique opportunities to connect, learn, and expand our horizons.
What is Hannover Messe? The Hannover Messe started in 1947 as the “Export Fair 1947 Hannover”. This laid the foundation for the event we know today. Since then, the fair has been held every spring at the Hanover Fairground in Hanover, Lower Saxony, and is the most important capital goods fair.
On November 3rd, 2022, our COO Nur Hayat Nezir held a very special presentation for members and friends of the International Trade Club of Chicago. The event took place at Polsinelli in Chicago, IL, and the main focus was on presenting ABRAMS world trade wiki’ tools and the opportunities that arise from using them.
A delegation from Lower Saxony, Germany comes to New York. The delegation includes roughly 30 enterprises from various industries, as well as 10 representatives from the Lower Saxony Ministry of Economic Affairs, led by Dr. Bernd Althusmann, Minister of Economic Affairs.
No supply chain is 100% crisis-proof. This is demonstrated by the consequences of the conflict between Russia and Ukraine. In February 2022, the political situation between the two countries had escalated to such an extent that Russia invaded Ukraine militarily. This is currently causing not only terrible humanitarian problems, but also economic consequences that are being felt in Europe and the United States, among other places. More and more global supply chains are in danger of collapsing, both because of the military-related loss of Ukrainian business partners and because of international sanctions against Russia and Russian companies.
Continually, globalization has increased dependencies in world trade. Bottlenecked trade routes in particular are critical for maintaining global supply chains. The recently congested trade routes therefore require an effective risk management. With customs and lately also maritime port data, ABRAMS world trade wiki enables supply chain resilience even under pressure.
Networking is playing an increasingly important role in world trade. To stay on top of these dynamic developments and identify opportunities, it is important to monitor import, export and shipping trends. You can gain knowledge from a variety of sources, but trade data analysis is the key tool to make the right decisions.
Unexpected challenges can hit global trade at any time. This was proven once again by the “Ever Given” accident. Since Tuesday night, the container ship has been blocking the Suez Canal and thus one of the world's most important trade routes. Already strained supply chains are further strained, while an end to the blockade is not in sight.