China Europe shipping costs soar!

  • Monday, February 22, 2021

  • Keywords: China, Europe ,shipping
[Fellow]In recent months, shipping costs from China to Europe have quadrupled due to tight shipping space.


  In recent months, shipping costs from China to Europe have quadrupled due to tight shipping space. Affected by this, the European household goods, toys and other industries retailers are tight inventory. The delivery time of suppliers has been continuously extended, setting the highest record since 1997.

  China is a huge market and full of vitality. All countries in the world hope to occupy a larger share in the Chinese market.
  With the impact of the epidemic, most countries have stopped industrial production, except for a few countries like China, which makes them even more in urgent need of Chinese products.
 The Spring Festival aggravates the shipping bottleneck between China and Europe, and costs soar
  Although the Chinese Spring Festival is a long-awaited day for Chinese people, it is a very "suffering" day for Europe.
  According to an article published by Swedish "glance" on February 14 local time, due to the warm welcome of Chinese products by European people during the epidemic period, the shipping costs between China and Europe continue to increase. Not only that, but also the containers are almost exhausted. With the arrival of the Spring Festival, many ports in China are closed, and many freight companies have no containers available .
  It is understood that it takes at least 15000 francs to obtain a container, which is 10 times more expensive than the previous price. Due to the frequent shipping between China and Europe, many European shipping companies have also made huge profits, but now the Chinese Spring Festival has exacerbated the bottleneck of shipping between China and Europe.
  Europe is facing a shortage of goods, anxiously waiting for "made in China"
  According to relevant data, the export volume of China's products last year was the largest in the world, which fully shows that the world's demand for "made in China" has been rising with the epidemic situation. Furniture, toys and bicycles have become hot products. Due to the arrival of Chinese Spring Festival, many industries in Europe are in a certain chaos.
  China has replaced the United States as the EU's largest trade partner last year, which means that trade between China and the EU will be closer in the future. It is precisely based on this reality that China and the EU signed the China EU investment agreement at the end of last year. In the future, both the EU and China will have more chips in trade negotiations with the United States.
  Coronavirus pandemic is spreading worldwide, and the epidemic situation in Europe is still very severe. Therefore, it is difficult for Europe to resume normal industrial production in a short time. This makes it more urgent for European people to make "made in China", and they are anxiously waiting for "made in China" during the Spring Festival.
  At present, with the coming of the new year, most European countries will not be able to fully recover in a short time, and will buy more products from China.
  • [Editor:Catherine Ren]

Tell Us What You Think

please login!   login   register
  • Buy & Sell

Please be logged in to comment!