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Home > News > The epidemic has slowed down, and foreign trade orders have returned to Southeast Asia? Japanese customers: if you can do it in China, try to do it in China

The epidemic has slowed down, and foreign trade orders have returned to Southeast Asia? Japanese customers: if you can do it in China, try to do it in China

2021-12-27

After the COVID-19, the development of the global economy has been greatly affected. China's performance in the epidemic prevention and control is very bright, which makes our economy less affected. According to experts, COVID-19's multiple changes make people pay more attention to investment and pay more attention to the division and layout of the global industrial chain. Previously, when placing orders, buyers from different countries may only consider the price factor and place orders wherever it is cheap. However, after the epidemic, they began to consider the integrity and stability of the supply chain.

Previously, due to the adjustment of China's industrial institutions and the impact of human cost factors, many foreign trade began to turn to Southeast Asia, and the "southeast flight" of foreign trade orders even became a trend. Until the advent of COVID-19, the world saw the resilience and competitiveness of China's supply chain, and a large number of foreign trade orders began to return to China. However, with the gradual control of the epidemic and the recovery of production capacity in Southeast Asian countries, will this trend of order return end?

It is understood that in October, Vietnam finally lifted its strict epidemic prevention measures, resulting in a significant rebound in local exports, and making global shipping crazy again. According to a freight forwarding company in Yiwu, today's positions in Southeast Asia are very popular. Since November, they have risen from more than 1000 US dollars to 3000-4000 US dollars, up 10 times compared with 300-400 US dollars before the epidemic.

However, even so, an Anhui garment import and Export Co., Ltd. said that even if the production capacity of Southeast Asian countries has returned to normal, some orders can be made by these countries, but this does not affect their company's business. Their company's performance has been overfulfilled this year, and new orders are under negotiation. After feeling the stability of China's supply chain during the epidemic, many large foreign customers are reluctant to return to Southeast Asia. Even though some orders will flow back to Southeast Asia, not all of them are willing to stay in China. Compared with this, a Japanese customer moved his orders in China to Southeast Asia, but the customer's demand now is to do as much as possible in China if he can do it in China. It can be seen that the trust given by China's supply chain is not easily owned by other countries.

In addition, in recent years, with the continuous improvement of China's strength and innovation, made in China is gradually getting rid of the label of "low quality and low price" and focusing more energy on the intelligent field, which has a higher and higher share in the international market. At the same time, with the rise of domestic brands, Chinese enterprises in the next development, not only rely on price competitive advantage, but also rely on brand premium.

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