After the epidemic, for the foreign trade market, a greater impact came. First of all, the freight of various shipping companies is soaring and the shipping space is scarce. Some countries have wars, and internal strife, and the exchange rate is floating, which greatly affects the import and export economy.
With the epidemic gradually under control, people thought that the foreign trade market would usher in a long-lost recovery. However, the reality has given everyone a loud slap in the face. The shipping company freight continues to soar, the space has become unprecedented shortage, as if overnight, the global shipping resources are in a tense competition.
Foreign trade merchants are anxiously waiting for the delivery of goods, but often because of the high freight and unbooking space. This is not only a price issue, but also a severe test of the survival of the enterprise. Many companies have had to shelve orders and even have to give up some important contracts because they cannot afford high transportation costs.
At the same time, wars and civil unrest in some countries are even worse. The already fragile international political and economic landscape is more complicated by these conflicts. The sharp fluctuation of exchange rate makes foreign trade businessmen headache, they not only have to face the problem of rising freight rates, but also always pay attention to the change of exchange rate, in order to make the most reasonable financial decisions.
However, there are often opportunities in difficulties. For those companies that can adapt to change and dare to innovate, they may be able to find new development opportunities in this crisis. They began to seek more diversified and flexible modes of transport to reduce transportation costs; they were also starting to pay more attention to exchange rate risk management to ensure financial security.
Although the current foreign trade market is facing unprecedented challenges, but we believe that as long as enterprises can keep calm and flexible response, they will be able to overcome this difficulty. After all, history has proved countless times that only those companies that can stand up in a crisis can remain invincible in a competitive market. Of course, the foreign trade market is now at a critical turning point. With the progress of science and technology and the advancement of digital transformation, some foreign trade enterprises have begun to focus on more intelligent and efficient solutions.
First, they began using big data and artificial intelligence technology to optimize supply chain management. By tracking the transportation status of goods in real time, forecasting market demand and price fluctuations, enterprises can be prepared in advance to cope with various risks and challenges in a more flexible way. At the same time, it also helps enterprises to improve operational efficiency, reduce costs and enhance competitiveness.
Second, they began to seek diversified trading partners and markets. Instead of traditional trade routes and partners, they are starting to look on emerging markets and developing countries. These regions often have great potential and opportunities to bring new growth points for businesses. At the same time, by expanding diversified trading partners, enterprises can also reduce their dependence on the single market and improve the overall ability to resist risks.
In addition, enterprises also began to pay attention to brand building and intellectual property protection. They realized that in the context of globalization, only enterprises with their own intellectual property rights and unique brands can stand out in the fierce market competition. Thus, they began to invest more in research and development and innovation,
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