Suez Canalâs share in global shipping, US immigration crisis, Australiaâs energy exports, and Germanyâs business climate index [View in browser]( [Knoema]( Greetings, {NAME}: Last week, we wrote that global trade appears ready for a strong rebound from the COVID-19 pandemic as indicated by China's bounce-back. Though the Suez Canal blockage last week will have little lasting impact on the momentum global trade is gaining, it serves as yet another reminder of the risks stemming from businessesâ heavy reliance on supply chains and just-in-time inventory management techniques. At the same time, the immediate economic losses from the blockage are also evident. Find out which countries are likely to suffer the greatest economic harm, as well as the latest trade data from Australia and Argentina, in today's newsletter. Get involved! Send us your feedback at [datadriven@knoema.com](mailto:DataDriven@knoema.com). New in Knoemaâs Alt Data Catalog [Data Axle]( [Data Axle]( is a leading provider of business, consumer, and specialty data across the US and Canada. It offers data validated in real time, including street address, phone number, hours of operation, number of employees, online presence, SIC code, business contacts, and much more, for almost every businessâfrom the Fortune 500 down to mom-and-pop shops and work-from-home freelancers. [Second Measure]( [Second Measure]( gives investors and corporate decision makers a daily view into company performance and consumer behavior, using data from billions of anonymized transactions. Clients rely on this data to discover new markets, gain an advantage in financial investments, and inform their competitive strategies. Interested in what Knoema can do for your organization? [Get on a Call]( New Data at Knoema [Innovation and Science Australia, Department of Industry]( Australiaâs resource and energy exports are expected to hit AU$[295,980.7]( million in 2021, reflecting an increase in external demand as the rollout of COVID-19 vaccinations gains speed in major economies. [ifo]( In Germany, IFO business confidence [ticked up in March](, the highest jump since June 2019, driven by optimism regarding business expectations and moderate pessimism about the current situation. [indec]( The value of Argentinaâs merchandise exports grew[9.1%]( YoY in February, driven by rise in international prices as well as a decline in export volume. China, the Netherlands, Vietnam, and Germany were the main destination countries. Latest Data-Driven Insights [Growing Immigration Crisis At Mexican Border]( The rollback of Trump's hardline immigration policies by the Biden-Harris administration and struggling Latin American economies are pushing increasing numbers of migrants to cross the US-Mexico border in hope of a better life. US CBP arrested 100k+ migrants on the southern border in February, the highest monthly total since a major surge in mid-2019. Check out [land border encounters]( by demographic, citizenship, and country of birth. [7% of Global Trade Was Held Up in Blocked Suez Canal]( Difficult navigation conditions resulted in a container ship running aground in the Suez Canal, blocking traffic for almost a week. This caused a huge traffic problem for global trade, as the annual cargo shipped through the Suez Canal accounts for around 9%, by weight, of global seaborne trade, and more than 7% of all global trade. Learn more about [Suez Canal traffic](. [More Foreign Trade Data-Driven Insights]( Insights Around the Web [SCMP]( [SCMP](. Chinaâs millennials and Generation Z are leading the nation away from Hollywood films. Between 1998 and 2013, the top three films in Chinaâs box offices were all Hollywood productions. In 2020, the top 10 most-viewed films in China were all domestic films, while the proportion of ticket sales that were for foreign films dropped to only 16%, compared to 53% in 2012. [World Bank]( [World Bank](. Despite the noticeable progress toward closing the gender gap over the last 50 years, on average women around the globe today have just three-quarters of the legal rights afforded to men. [Carbon Brief]( [Carbon Brief](. 2021 is expected to be the first year on record that sees COâ levels more than 50% above pre-industrial levels for longer than a few days. [1db2adb7-c12f-4825-8c72-2bfd1e8c2798-1] Stay well. Charles Poliacof
CEO, Knoema
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