2024, foreign trade new year "accelerated run"!

2024, foreign trade new year "accelerated run"!

May 15, 2024

2024, foreign trade new year "accelerated run"!
With the arrival of the New Year, foreign trade enterprises around the market has been aimed at changes in the tightly launched a series of foreign trade activities, the beginning of 24 years for the foreign trade industry, not the beginning of the marathon, but the starting point of the 100-meter sprint, we are all fully committed to scrambling to grab the orders, open the market for the 24 years to fight for a higher starting point. At the beginning of the new year, we also see a lot of foreign trade enterprises in this dynamic market has achieved significant success.
A sanitary ware enterprise in Taizhou, Zhejiang, is currently saturating the assembly line with full-speed production, and they have gotten their first order for 2024 - 3,600 sets of bathroom cabinets. The products need to be shipped to the UK before the Spring Festival, and the enterprise's production order schedule for the New Year has already been arranged for April.
The head of the enterprise said that in the past, they searched for customer leads through the Internet and then designed products according to customers' needs, but this approach often led to orders being snatched away halfway. In order to be more proactive in grasping business opportunities, they have adjusted their product development process, shifting to a mode of analyzing the market with trade data, developing customers quickly and accurately, shortening the supply cycle, and shipping products quickly. This shift enabled them to respond more quickly to market demand and win the first opportunity. This strategy has enhanced their customer development process, optimized production efficiency, and strengthened the cooperative relationship with customers, laying the foundation for the long-term development of the enterprise.
Sharp market insight and forward-looking layout is also the key for enterprises to stand out in the fierce competition. An e-commerce enterprise in Yinzhou District, Ningbo, they quickly locked the Philippine market through global trade big data analysis, combined with the data to find hot products for the market, and formulated a series of development programs. In order to penetrate the Philippine market faster, they set up an overseas live room in Manila. This strategic decision allowed the company to capture the market dynamics faster and adjust the sales strategy quickly. 24 years in January, the company's strategy has achieved great success, the sales volume doubled compared to the same period last year. This proves the effectiveness of the strategy of finding the precise target market and product positioning, and quickly making advance layout in the market, which also allows the enterprise to pre-empt the fierce competition in the market and maintain the leading position in the market.
Ports, as important logistics hubs, have also made adjustments this year to optimize processes and fast operations. Zhejiang's Wenling Longmen Port and Ningbo Zhoushan Port cooperation launched the "double port double docking" service, allowing cargo ships to arrive in Ningbo Zhoushan Port can be successively docked at two terminals, to provide faster loading and unloading for the enterprise to save valuable time, according to statistics, "double port double docking" service can save 5 days of cargo clearance. According to the statistics, "double port and double docking" service can save 5 days of cargo clearance time.
In addition, Ningbo Meishan Comprehensive Free Trade Zone, "front warehouse", customs officers are also synchronized in the cargo handling intervene in the work, before the need for three days of customs clearance time, in the participation of customs officers, it now takes only one day to complete. This innovative customs clearance services for foreign trade enterprises to provide the most efficient logistics support, so that the last kilometer to the sea can be a "big step".
The off-season is not "off", and new business models are flourishing.
January, in the traditional concept of foreign trade is the off-season. However, Yantian Port in Shenzhen, as one of the terminals with the highest container throughput in the world, has broken this rule in January for 24 years. In this month, large container ships are busy shuttling between the ports, loaded with Chinese cargoes sailing across the globe. With the arrival of a giant container ship, Yantian Port also welcomed the 380th container freighter in the opening ten days of the year.
In recent years, the number of foreign trade freighters docking at Yantian Port has been climbing year by year, with the number of freighters increasing by more than 1,000 each year. These figures also indicate that China's foreign trade industry will still be booming in the next 24 years.
Three kilometers away from Yantian Port is the Yantian Port cross-border e-commerce operation center. Most of the parcels loaded on cargo ships have their sorting done here. These goods are also one of the reasons why Yantian Port remains busy during the traditional off-season for foreign trade. Data shows that China's cross-border e-commerce exports reached 1.83 trillion yuan in 2023, up 19.6 percent year-on-year. Behind this figure is a direct reflection of the large number of enterprises and small and micro individuals that have flooded into the international trade field and continued to expand their foreign trade business by expanding their sales channels.
A rehabilitation product manufacturer 5 kilometers from Yantian Port, who produces rehabilitation gloves that have been sold abroad since 2022, has seen a 300% increase in sales in just 23 one year. At present, the new products are still in the research and development stage, and the foreign buyers found through the big data of foreign trade have already booked tens of millions of units of intentional orders.
In 2023, the export of the "new three" - new energy vehicles, lithium batteries, solar cells - exceeded 1 trillion for the first time, and the export of ships and home appliances also achieved rapid growth, and the expansion of trade in intermediate goods represented by raw materials, semi-finished products and components could also become the main focus of everyone's foreign trade in 2024.
Busy ports and loaded giant ships connect China closely with markets and factories around the world, witnessing the close cooperation between China's foreign trade and world trade. And the big data of foreign trade can provide clearer ideas and guidelines to realize precise marketing. A real case, are highlighting the arrival of the era of digital trade, foreign trade market, "only fast and unbreakable", who can be the first to seize the business opportunities, who will be able to seize the market opportunity.