Export trade of small, medium and micro enterprises in March 2022 From XTransfer
The following is the Export trade of small, medium and micro enterprises in March 2022 From XTransfer recommended by recordtrend.com. And this article belongs to the classification: B2B.
Since this year, various unexpected factors at home and abroad have brought severe challenges to China’s foreign trade industry. In February, the international turmoil pushed the price of plateau materials. Since March, COVID-19 has been frequently seen in Shenzhen. Shanghai and its core foreign trade city have been holding exams. With further escalation of epidemic prevention and control, some supply chain links have been blocked, and shipments from raw materials to production have fluctuated.
Focusing on the impact of the domestic epidemic on small, medium and micro foreign trade enterprises since March, on April 20, xtransfer, a one-stop foreign trade enterprise cross-border financial and risk control service company, and the business industry committee of the China Council for the promotion of international trade jointly issued the export trade (B2B) index report of small, medium and micro enterprises in March 2022 (hereinafter referred to as the “index report”).
The index report includes the leading index of China’s foreign trade exports in March 2022 and the competitiveness index of China’s small, medium and micro foreign trade enterprises in March 2022. At the same time, the report specially launched the export leading index of Shenzhen and Shanghai to show the export performance of core foreign trade cities under the influence of this round of epidemic. The index cites the representative sample data of the same batch of customers in March 2022 and the same period in previous years, combined with the collection performance of small, medium and micro foreign trade enterprises on xtransfer platform and the export data of China Customs, reflects the export performance of Chinese small, medium and micro foreign trade enterprises under the influence of sudden factors at home and abroad, and provides important guidance and strategy formulation basis for the global exhibition of Chinese small, medium and micro foreign trade enterprises in the second quarter and the whole year of 2022.
It is worth mentioning that in order to provide real-time feedback on the impact of the recent epidemic in Shanghai, the leading index of Shanghai’s foreign trade exports has increased the index and analysis from April 1 to April 15, 2022 in addition to the data in March 2022. At the same time, in order to further analyze the motivation of the index, the report investigated a number of small, medium-sized and micro foreign trade enterprises in Shenzhen and Shanghai and summarized them in the report.
Under the impact of the epidemic, China’s foreign trade exports increased steadily
At present, many unexpected factors exceed expectations, but China’s foreign trade industry still maintains strong resilience. According to customs statistics, the total import and export value of China’s goods trade in March was 3.2 trillion yuan, a year-on-year increase of 5.8%. Among them, the export was 1.75 trillion yuan, a year-on-year increase of 12.9%.
Xtransfer – leading index of China’s foreign trade exports in March 2022
According to the leading index of China’s foreign trade exports in mid March 2022, part I of the xtransfer index report, the index rose steadily in March, showing a relatively consistent trend compared with the same period last year; The fluctuation of the index stems from the normal cyclical performance of foreign trade receipts. Sudden factors at home and abroad have not affected the development trend of China’s small, medium and micro foreign trade enterprises in March. The report shows that in March 2022, the collection volume of China’s small, medium-sized and micro foreign trade enterprises increased by 15.7% year-on-year, slightly higher than the growth rate of goods trade export in March released by the General Administration of customs, which also highlights the strong growth momentum of small and medium-sized foreign trade enterprises. The report predicts that in the second quarter of 2022, China’s foreign trade exports are expected to gradually get rid of the impact of adverse factors at home and abroad and continue to achieve steady growth.
Xtransfer – Shenzhen foreign trade export leading index in March 2022
At the same time, the report specially launched the leading index of foreign trade exports of Shenzhen and Shanghai. In order to quickly control the risk of epidemic spread, Shenzhen carried out closed community management from March 14 to 20. The short-term closure did not have a great impact on small, medium-sized and micro foreign trade enterprises in Shenzhen. In March 2022, the collection volume of small, medium-sized and micro foreign trade enterprises in Shenzhen increased by 18.4% year-on-year, and the growth rate was still slightly higher than the overall national level.
According to the index analysis, after the seven-day closed management from March 14, the Shenzhen foreign trade export leading index quickly corrected after a short decline and returned to the normal level. The report believes that Shenzhen, as one of China’s most active foreign trade cities, will usher in steady growth in the second quarter.
Xtransfer – Shanghai foreign trade export leading index in March 2022
Since March 28, Shanghai has “delimited the river and closed it” with the Huangpu River as the boundary, and implemented nucleic acid screening in batches and districts. In March 2022, the collection volume of small, medium-sized and micro foreign trade enterprises in Shanghai increased by 12.2%, slightly lower than the overall national level. In March, the leading index of Shanghai’s foreign trade exports did not fall significantly due to the spread of the epidemic and the upgrading of prevention and control. This is because Shanghai’s small, medium-sized and micro foreign trade enterprises have a decentralized and flexible supply chain, and some upstream and downstream suppliers spread all over the country, effectively improving their anti risk ability.
Since April, as of the release date of the report (April 20), Shanghai is still in the stage of tackling the difficulties of the epidemic. In order to reflect the impact of this round of epidemic on the export trade of small, medium and micro foreign trade enterprises in Shanghai, the report adds data analysis from April 1, 2022 to April 15, 2022 and the same period in previous years. The analysis shows that the collection volume of small, medium-sized and micro foreign trade enterprises in Shanghai has decreased by 1% year-on-year. Due to the further impact of the epidemic, there is uncertainty in production and manufacturing, logistics warehousing and truck transportation, which slows down the collection of small, medium-sized and micro foreign trade enterprises.
The leading index of Shanghai’s foreign trade exports rose steadily in March and fell slightly in the first half of April. The sudden epidemic has brought a certain degree of crisis and test to Shanghai, an international port city, and its foreign trade enterprises. Taking cross-border logistics as an example, the container throughput of Shanghai Port exceeded 47 million TEUs in 2021, with a year-on-year increase of 8%, ranking first in the world for 12 consecutive years. However, at present, affected by COVID-19, there is labor shortage in Shanghai port, and land transportation is blocked, which has brought a certain negative impact on the foreign trade industry.
Under the continuous disturbance of the epidemic, the report believes that small, medium-sized and micro foreign trade enterprises in Shanghai will be under short-term pressure in the second quarter of 2022. After significant progress has been made in epidemic prevention and control, the index is expected to rebound again.
Under the complex domestic and international situation, small, medium-sized and micro enterprises maintain a high level of competitiveness
Since March, small, medium-sized and micro foreign trade enterprises have maintained a high level of competitiveness and demonstrated strong resilience and vitality in the face of complex domestic and international situations. The competitiveness index of China’s small, medium and micro foreign trade enterprises in mid March 2022 shows that China’s small, medium and micro foreign trade enterprises will be under pressure in the short term in 2022, but the fundamentals of long-term improvement will not change.
Xtransfer – competitiveness index of China’s small, medium and micro foreign trade enterprises in March 2022
The index is comprehensively evaluated from three dimensions: buyer trust, product attraction and export operation efficiency. In March 2022, the index rose steadily and returned to the level at the end of 2021. However, due to the short-term pressure on logistics warehousing, container truck transportation and port transportation in key foreign trade cities caused by multiple domestic epidemics, the efficiency of the supply chain is relatively low, and the average delivery time is extended from 29 days with the best performance in November 2021 to 31 days.
At the same time, more and more small, medium and micro foreign trade enterprises have certain digital capabilities, and the home isolation brought by the upgrading of epidemic prevention and control has not caused trade stagnation; In addition, some upstream and downstream suppliers of small, medium-sized and micro foreign trade enterprises are scattered in many places across the country, with a more decentralized and flexible supply chain, which effectively improves the anti risk ability.
Extraordinary March: foreign trade enterprises climb over the ridge
The ups and downs of the epidemic have had a general impact on foreign trade enterprises. Changes in the international situation, the growth of sea, land and air logistics costs and other emerging “variables” are also placed in front of foreign traders. “The epidemic has reduced people’s economic activities, so the demand for our products has also decreased. What’s more serious is that the increase of logistics costs has diluted most of the profits, and the sea, land and air freight rates have soared. In addition, our warehouse is in Hong Kong. Due to the impact of the epidemic at the beginning of this year, the labor cost of delivery has greatly increased.”
News of the closure of cities in the Yangtze River Delta and the Pearl River Delta due to the epidemic came from time to time. Persistence is a portrayal of some “foreigners”. “This year’s situation is different. Foreign production capacity is gradually recovering, while China has encountered a serious epidemic. Many foreign buyers will prefer to buy nearby, so our business challenges must be greater than last year.”
In addition, the failure to deliver goods in time caused by the closure and control of the epidemic has also become the focus of many foreign trade enterprises, bringing a chain reaction to the upstream and downstream of the whole foreign trade industry chain. “With the integrated development pattern of the Yangtze River Delta, the production, logistics and storage in the surrounding areas have been greatly impacted, triggering a series of chain reactions; on the other hand, the goods previously exported from Shanghai port can only be exported from Ningbo port, resulting in congestion in Ningbo port, unable to get in or out, extended container stay time and delayed delivery time.”
With the outbreak of the epidemic, some foreign trade enterprises further consolidated their internal coordination and supply chain management by improving their digital ability. The measures taken by some small, medium-sized and micro foreign trade enterprises in Shanghai and Shenzhen to stabilize foreign trade and open up blocking points are also of reference significance to all localities. “Now everyone is trapped in Shanghai and can’t fly to other cities to inspect the goods. But waiting for a long time is not the way. At present, we are considering inspecting the goods through photos, videos and other means.” At the same time, in order to deal with the risk of the epidemic and the possible reduction of overseas orders, many foreign traders began to adopt new methods. Among them, some foreign traders choose to accelerate the decentralization of the supply chain, such as investing in other places to set up factories or looking for new partners. In this way, even if one factory is affected, there are other factories that can ensure the production capacity.
Forced by the epidemic, some foreign trade enterprises began to strengthen their customer acquisition ability at the level of overseas social media. A foreign trader from Shenzhen said: “now, in addition to reducing management costs and trying to ‘cut costs’, we are trying to find ways to’ open source ‘. At present, we are strengthening the ability to obtain customers online and learning to obtain traffic through tiktok, instagram and other foreign social media. Now there are many such courses on the market, and we are also investing in learning.”
Face up to the difficulties and challenges encountered at present, but still firmly believe in the strength and toughness of China’s foreign trade enterprises. There is nothing to be afraid of in the face of all difficulties and dangers. The refining of real gold in the big test of the war, the improvement of the production and manufacturing industry chain and the diligent and unyielding quality of Chinese foreign trade people are the cornerstone to ensure that the foreign trade industry continues to move forward steadily. China’s small, medium-sized and micro foreign trade enterprises will climb over the ridge and make steady progress. More reading: financial magazine: Alibaba will provide 100 million jobs with a transaction volume of 10 trillion. In 2016, JD PK Amazon, two 13-year-old e-commerce giants, wechat 5.0, made a major update: it is about to “sweep” all high-level female scholars in the fields related to global artificial intelligence. Report: the United States accounts for more than 60%, Calculation method for the weight of user satisfaction index of 23 Chinese finalists Ministry of industry and information technology: operation of Internet and related service industry in the first quarter of 2021 corocorocoro: ranking of the most popular games played by Japanese children in 2020 rolling stone: 100 greatest TV dramas / TV programs Lenovo financial report: net loss of Lianxiang group of US $128 million in 2015, from profit to loss of US $100 million European think tank: 2018 Research Report on China’s catering B2B service industry (attached) PayPal & eBay: development trend of cross-border e-commerce retail export industry in Greater China in 2014 WTO: Global trade growth of 3.0% in 2022 inflation and increased supply chain pressure IDC: 2014 supply chain strategy forecast China Aviation Association: air transportation report in August 2021 Navigant: in 2017, Ford beat the others and took the first place in the field of automatic driving
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