Cross-border e-commerce imports and exports soared during the year, and the industry chain continued to benefit

release time:2020/11/30

With the effective control of the epidemic situation in China, China's import and export trade gradually recovered in the second and third quarters. The just past "Black Friday" shopping festival overlards with overseas year-end festivals. The order volume of some foreign trade enterprises in China keeps high. The global cross-border e-commerce is growing rapidly, and relevant enterprises in the industrial chain are also expected to embrace new development opportunities.

Since the beginning of this year, cross-border e-commerce enterprises in many places have seen remarkable growth in their import and export performance. The total import and export volume of cross-border e-commerce goods at Wuhan Tianhe Airport Express Center reached a record high. As of November 23, the total import and export volume of goods exceeded 6 million for the first time, with a year-on-year increase of 285%. In the first 10 months of this year, guangdong's cross-border e-commerce imports and exports totaled 104.78 billion yuan, up 25.1 percent. Data from the Shaanxi Provincial Department of Commerce shows that as of October 31, the China-Europe freight train "Chang 'an" had 3,167 trains this year, 1.8 times the number in the same period last year. In addition, the recent surge in consolidation prices, container demand, domestic port container throughput surge.

The Black Friday shopping festival also brought a huge increase in imports and exports. It is reported that by the day before the shopping festival, only China Southern Pudong freighter cargo into the port more than 7,500 tons. Shanghai freighter outbound express volume reached 10,446 tons, with a year-on-year growth of 7%.

Data from Qichacha shows that there are now 21,600 enterprises related to cross-border e-commerce in China. Since the beginning of this year, more than 4,800 enterprises related to cross-border e-commerce have been newly established in China, with a year-on-year growth of 59.6%.

As a large number of traditional trade orders have been converted to online transactions, cross-border e-commerce export demand has been growing. Dongbei Securities pointed out that machinery and equipment, textiles and clothing, household appliances and other items have seen the most obvious increase in the proportion of overseas income since this year. If it is further extended to the upstream of these industries, it can be seen that a large proportion of copper and aluminum demand structure is used in power electronics, air conditioning and refrigeration, mechanical equipment and other industries, prosperity has also improved.

Market participants point out that Chinese high-quality goods are becoming more competitive overseas, and the globalization process of Chinese brands is expected to accelerate, and companies with strong consumer awareness will be able to seize the opportunity.

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