Report Summary 1. Investment Rating No investment rating information is provided in the report. 2. Core View In August, the import and export data of the polyester chain showed differentiation. PX imports continued to grow, and ethylene glycol imports remained stable. PTA exports declined, while polyester exports continued to rise year - on - year. Textile and clothing exports also showed different trends, with textile exports rebounding and clothing exports decreasing. The short - term impact of tariffs on clothing and textile exports has decreased, but the tariff negotiation dynamics need continuous attention [2]. 3. Summary by Content PX Import - In August, PX imports reached 87.6 tons, a month - on - month increase of 12% and a year - on - year increase of 15.9%. From January to August, the cumulative import was 615.8 tons, a year - on - year increase of 6.5%, and the cumulative year - on - year growth rate continued to expand. The top three import sources were South Korea, Japan, and Brunei [6][8]. PTA Export - In August, PTA exports were 29.9 tons, a month - on - month decrease of 20.1% and a year - on - year decrease of 26.8%. From January to August, the cumulative export was 253 tons, a year - on - year decrease of 16.9%. The top five export destinations from January to August were Vietnam, Egypt, Oman, Turkey, and Pakistan. In August, exports to Turkey and India decreased significantly [3]. Ethylene Glycol Import - In August, ethylene glycol imports were 59.2 tons, a year - on - year increase of 1.4%. The import volume from Saudi Arabia decreased, but the increase from Kuwait, Oman, and the United States offset the reduction. From January to August, the cumulative import was 502.8 tons, a year - on - year increase of 16%, and the year - on - year growth rate narrowed. Saudi Arabia is the main source of ethylene glycol imports, and future imports are expected to increase [6]. Polyester Export - From January to August, the cumulative polyester export was 962 tons, a year - on - year increase of 15.8%. In August, the export was 122.5 tons, a month - on - month increase of 1.8% and a year - on - year increase of 9.1%. Short - fiber and filament exports performed well, while bottle - chip and film exports decreased month - on - month. The top five export destinations from January to August were Vietnam, Indonesia, South Korea, Pakistan, and India [4][5]. Textile and Clothing Export - From January to August, the cumulative textile and clothing export was $197.3 billion, a year - on - year decrease of 0.4%. Among them, textile exports were $94.53 billion, a year - on - year increase of 1.4%, and clothing exports were $102.77 billion, a year - on - year decrease of 2.1%. In August, textile exports increased both year - on - year and month - on - month, while clothing exports decreased [7].

Core Insights - Hong Kong's overall export and import volumes increased by 12.6% and 14.3% year-on-year in July, respectively [1] - For the first seven months of the year, overall export and import volumes rose by 10.7% and 10.8% year-on-year [1] - Overall export and import prices in July increased by 1.7% and 2.0% year-on-year, respectively [1] - The trade price index fell by 0.2% in July and by 0.1% in the first seven months of the year [1] Export Analysis - In July, export volumes to Taiwan, Vietnam, mainland China, and India increased by 80.8%, 39.0%, 14.6%, and 12.5% year-on-year, respectively [1] - Conversely, export volume to the United States decreased by 4.9% [1] - Export prices to Taiwan, mainland China, and Vietnam rose by 4.3%, 1.8%, and 1.6% year-on-year, while prices to the United States and India fell by 0.5% and 0.8%, respectively [1] Import Analysis - In July, import volumes from Vietnam, Singapore, mainland China, and Taiwan increased by 116.8%, 26.5%, 16.1%, and 3.0% year-on-year, respectively [1] - Import volume from South Korea decreased by 5.2% [1] - Import prices from all major supply sources increased year-on-year, with Taiwan, South Korea, Vietnam, Singapore, and mainland China rising by 5.8%, 4.6%, 3.6%, 2.4%, and 0.4%, respectively [2]

Core Insights - Croatia's merchandise export value reached €12.3 billion in the first half of the year, reflecting a 6.3% increase compared to the same period last year [1] - The import value grew by 2%, totaling nearly €22 billion, resulting in a trade deficit of €9.7 billion [1] - The ratio of imports to exports stands at 55.9% [1] Export Performance - Exports to EU member states amounted to €8.2 billion, marking a year-on-year growth of 7.2% [1] - Exports to non-EU countries increased by 4.5%, reaching €4.1 billion [1] Import Dynamics - Imports from EU member states decreased by 1.4%, totaling €16.9 billion [1] - Imports from non-EU countries rose by 15.7%, slightly exceeding €5 billion [1]

Core Insights - Oman’s trade surplus reached 2.454 billion Omani Rials by the end of May 2025, a decrease of 38.5% compared to 3.989 billion Omani Rials in the same period of 2024 [1] Export and Import Analysis - Total goods exports from Oman declined by 9.6%, amounting to 9.639 billion Omani Rials by the end of May 2025, down from 10.659 billion Omani Rials in 2024 [1] - The decline in exports is primarily attributed to a 15.2% drop in oil and gas exports, which totaled 6.315 billion Omani Rials by the end of May 2025, compared to 7.444 billion Omani Rials in 2024 [1] - In contrast, non-oil goods exports saw a significant increase of 7.2%, reaching 2.701 billion Omani Rials by the end of May 2025, up from 2.521 billion Omani Rials in 2024 [1] - Total goods imports increased by 7.7%, reaching 7.185 billion Omani Rials by the end of May 2025, compared to 6.670 billion Omani Rials in 2024 [1]

Core Insights - India's merchandise exports in June amounted to $35.14 billion, while merchandise imports reached $53.92 billion [1] Group 1 - The total value of India's merchandise exports for June was $35.14 billion [1] - The total value of India's merchandise imports for June was $53.92 billion [1]