In recent months, due to tight space, the cost of shipping from China to Europe has risen four times. Affected by this, the inventories of retailers in various industries such as household goods and toys in Europe have become tight. Supplier delivery time has been extended continuously, setting a record since 1997.
China is a huge market and full of vitality. Countries all over the world hope to occupy a larger share in the Chinese market.
As the new crown pneumonia epidemic is raging around the world, China’s exports have continued to surge. Due to the impact of the epidemic, most countries have stopped industrial production except for a few countries such as China, which makes them more urgently need Chinese products.
The Spring Festival intensifies the bottleneck of China-Europe shipping, and the cost soars
Although the Chinese New Year is a long-awaited day for Chinese people, it is a very "torn" day for Europe.
According to an article published by the Swedish "Glimpse" on February 14 local time, the products made in China were warmly welcomed by the European people during the epidemic, and the shipping costs between China and Europe continued to increase. Not only that, but also containers almost It was exhausted, and with the arrival of the Spring Festival, many ports in China were closed, and many freight companies did not have containers available.
It is understood that it currently requires at least 15,000 francs to obtain a container, which is 10 times more expensive than the previous price. Due to the frequent Sino-European shipping, many European shipping companies have also obtained huge profits, but now the Chinese New Year has intensified the bottleneck of Sino-European shipping.
Europe faces a shortage of goods and is anxiously waiting for "Made in China"
According to relevant data, the export volume of Chinese products last year was the largest in the world. This fully shows that the world’s demand for “Made in China” has been rising with the epidemic. Furniture, toys and bicycles have become hot sellers. Due to the arrival of the Chinese New Year, many industries in Europe have experienced a certain degree of confusion.
China has replaced the United States last year and became the EU’s largest trading partner. This means that in the future trade exchanges between China and the EU will become closer. It is also based on this reality that China and the EU will sign the China-EU agreement at the end of last year. The investment agreement, whether it is the EU or China, will have more bargaining chips in trade negotiations with the United States in the future.
At present, the new crown pneumonia epidemic continues to spread globally, and the epidemic situation in Europe is still very severe. Therefore, it will be difficult for Europe to resume normal industrial production in a short period of time. This makes European people more urgently need "Made in China". During the Spring Festival, they are also Anxiously waiting for "Made in China".
In the past 10 years, most of the products exported from China to Europe have shown an upward trend. During the COVID-19 pandemic, due to the shutdown of factories in most parts of Europe, the demand for Chinese-made products in Europe has continued to increase.
For now, with the advent of the new year, most European countries will be unable to fully recover their economies in a short period of time and will buy more products from China.
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