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china cross border e commerce export

Asia has the fastest-growing eCommerce market in the world and where China leads the pack. Tmall (tmall.com) is also referred to as Tmall Classic and a local eCommerce platform in China. Let’s review the biggest ones and what sets them apart. You need a Single Account for unlimited access. Feel free to book a consultation call or use the many free resources on this website. In November 1st, China implements a tariff cut on 1,585 imported goods. The Chinese research firm iResearch forecasts that China’s e-commerce market will grow at a 27 percent rate over the next four years. You have three main options when selling cross-border in China, namely: The direct shipping model is suitable for light products with a high price-point. Note : 1 . First of all, it has the freest economy in the world with no import duties or VAT. It primarily sources and imports products directly from sellers overseas. Before the launch of JD Worldwide, we saw the introduction of JD.com, the local eCommerce platform in 2008. Your email address will not be published. In short, you send the products in bulk shipments to Hong Kong where a 3PL company helps you with the inbound, storage, pick & pack, and shipping to end-customers in mainland China. Taiwan’s most active cross-border shopping was with the following countries: China (72.7 percent) Japan (40.1 percent) United States (22.9 percent) Language barriers and shipping costs are major factors affecting Taiwan’s cross-border e-commerce. Corporate solution including all features. To fuel this engine of China’s import and export growth, Premier Li Keqiang reiterated the government’s support for accelerating the growth of CBEC … Don’t hesitate to come by our office for a coffee if you visit Hong Kong, Best Regards, Fredrik Gronkvist, Co-Founder, I accept that this form collects my name, email and other information that may be necessary to reply to my inquiry (read our, Asia Market Entry Kit: Children’s Products, Asia Market Entry Kit: Textiles & Fashion, Asia Market Entry Kit: Beauty & Personal Care. Cross-border is a new type of sales channel that has plenty of room for growth in China. You need at least a Single Account to use this feature. He is currently a freelance consultant supporting Asiaimportal (HK) Limited with content creation and research. This was introduced by China’s General Administration of Customs (GACC) in February 2014. ", Forward Intelligence (Qianzhan), Retail trade value of cross-border e-commerce export business in China from 2017 to 2019 (in billion yuan) Statista, https://www.statista.com/statistics/1173365/china-cross-border-ecommerce-retail-export-value/ (last visited December 08, 2020), Retail trade value of cross-border e-commerce export business in China from 2017 to 2019, Penetration rate of cross-border e-commerce in China 2014-2019, China's cross-border e-commerce GMV growth 2014-2019, Total amount of cross-border e-commerce retail in China 2015-2019, Number of cross-border e-commerce companies in China 2019, by type, Trade volume of China's import cross-border e-commerce players 2012-2019, Cross-border import e-commerce trade growth in China 2013-2019, User number of cross-border import e-commerce trade in China 2013-2019, Cross-border e-commerce retail imports market size in China 2016-2022, Trade volume of China's export cross-border e-commerce players 2011-2019, Retail export value of cross-border e-commerce players in China 2017-2019, Cross-border export e-commerce trade growth in China 2014-2019, Number of cross-border online shoppers in China 2016-2020, MAU number of major cross-border e-commerce platforms in China 2020, by platform, Distribution of Kaola.com users in China 2020, by gender, Distribution of Kaola.com users in China 2020, by age group, Trust level in cross-border e-commerce platforms in China 2019, Reasons why Chinese consumers want to try cross-border e-commerce retail outlets 2019, Cross-border e-commerce usage in Poland 2015-2020, Brazil: cross-border e-commerce key figures 2019, Brazil: digital consumers' concerns with cross-border e-commerce 2019, Quarterly U.S. e-commerce retail sales 2009-2020, U.S. holiday season retail e-commerce revenue 2014-2020, Distribution of e-commerce sales in the largest online shops in Germany 2019, E-commerce revenue share of the leading 10 online shops in Germany 2008-2019, E-commerce food & bev industry penetration pre and post pandemic U.S. 2000-2025, Argentina: e-commerce revenue on Cyber Monday 2014-2020, E-commerce purchase frequency during the coronavirus outbreak in Italy in March 2020, Cross-border online retail market size in Japan FY 2016-2019, Brazil: online shoppers' favorite international retail websites 2019, Sales distribution in the cross-border e-commerce in Russia 2018, by product, Total retail and e-commerce sales in the United States 2018, by business, Market share of cross-border e-commerce Malaysia 2020, by country, Market share of cross-border e-commerce Singapore 2020, by country, E-commerce market volume SEA 2019-2025 by country, Quarterly U.S. desktop retail e-commerce spending 2007-2020, United States: retail e-commerce sales 2014-2024, Retail trade value of cross-border e-commerce export business in China from 2017 to 2019 (in billion yuan), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, AliExpress had approximately 150 million overseas buyers worldwide. This statistic shows the trade volume market share of China's export cross-border e-commerce players from 2011 to 2019. Learn more about how Statista can support your business. E-commerce is playing an increasingly significant role in cross-border trade in goods and services. First, your goods have to be transported by a bonded truck which requires extra fees and a minimum truckload each time. The cross border e-Commerce market in Korea has been continuously growing in Korea. and over 1 Mio. If you’re registered as a cross-border seller in China and sell via a bonded warehouse or the B2C (Business Commercial model), you’re exempt from paying import duties. Published by Yihan Ma, Sep 17, 2020 In 2019, the total export value of the cross-border e-commerce players in China amounted to about 94.4 billion … The transactions of export e-commerce totaled US$0.84 trillion in 2016, up 22.49% from last year, and reached … Market share of China's export cross-border e-commerce players 2011-2019 Preferred e-commerce type among different age groups in China Q2 2017 Number of cross-border online shoppers in China … As a Premium user you get access to background information and details about the release of this statistic. But, you do have to work with local eCommerce partners when selling on platforms like JD Worldwide and Tmall Global. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. Import E-commerce. If you open a Hong Kong company, you can also receive payments in RMB and manage local operations through the entity. You only have access to basic statistics. Tmall Global (tmall.hk) is solely dedicated to cross-border sales which means that you ship the products directly to end customers from a China bonded warehouse or fulfillment center. There are many benefits why Hong Kong is a perfect location for the fulfillment of products. The trade volume of the province in cross-border e-commerce totaled more than 1,360 metric tons, about 13 times the number between January and October last year, the customs said. WeChat has managed to create its own ecosystem and large companies do their utmost trying to promote their products through users feeds and with the help of Key Opinion Leaders (KOL). Register in seconds and access exclusive features. This is set to increase significantly in the coming years. The platform is dedicated to cross-border sellers and established brands that have products in demand in the Chinese market. Things didn’t turn out according to plans and cross-border sellers from all over the world use Kaola to reach the Chinese consumer market. Some of the most popular products sold on Tmall Global include fashion & beauty products, mom & baby products, food & beverages, and household appliances. The new cross-border e-commerce laws warn parties against exploiting the tax reduction benefit of the new CBE program, and explicitly holds the overseas sellers and their designated Chinese partners jointly and … facts. Your email address will not be published. New, Figures and insights about the advertising and media world, Industry Outlook The clear benefits of using bonded warehouses are that it’s cheaper and delivery times shorter. We help companies start selling online in Mainland China and Southeast Asia. Export cross-border e-commerce analysis. We use cookies to ensure that we give you the best experience on our website. Tariff Code . A paid subscription is required for full access. Please create an employee account to be able to mark statistics as favorites. List of Cross-border E-commerce Retail Imports (II) Serial Number . (August 14, 2020). FedEx Express has upgraded its cross-border e-commerce export service in southern China as part of a pilot scheme run by China customs. With that said, foreign sellers have faced problems with high entry barriers, lengthy product registrations, and setup fees. Update, Insights into the world's most important technology markets, Advertising & Media Outlook In 2018, the number of digital buyers in China surpassed 560 million with the total number projected to reach 634 million in 2020. In September China started to cut admin charges and expedite cargo clearance to incentives global trade. Import. At the moment, it’s the most difficult platform to enter and you’ll also pay the highest setup and running fees. Description of Commodity . By that year, China’s eCommerce market is predicted to be larger than those of the U.S., UK, Japan, Germany, and France combined, according to D… New, Everything you need to know about the industry development, Find studies from all around the internet. We also introduce you to our network of fulfillment centers, trademark agents & more. This statistic is not included in your account. As a result, it has introduced and updated several regulations for cross-border trade since 2019. Worth mentioning is that the website focuses on food and beverages, but you can find many kinds of products here. Compared to Tmall Global and JD Worldwide, it’s generally cheaper to start selling on WeChat and it can be suitable if you want to try out the Chinese eCommerce market. The same as it goes with Tmall Global, you’ll find most products on display on JD Worldwide, even if the range of products is a bit smaller. I recommend you to check our separate article that explains how you can start selling on Tmall Global as a foreign company. Regulations when Selling Cross-Border in China, Cross-Border eCommerce Marketplaces in China, The Cross-border E-commerce Retail Imports Regulation (“The Circular”), The Notice of Improving the Tax Policy of Cross-border E-commerce Retail Imports Regulation (“The Notice”), The Goods List of Cross-border E-commerce Retail Imports Regulation (“Goods List”), The products must be included in the “Goods List”, for personal use, and fulfill the conditions for the application of the relevant tax policy, The customs must be able to cross-check the transactional, payment, or logistics electronic information for products sold through cross-border eCommerce platforms, Cross-border express delivery or postal services must provide the transactional, payment and other electronic information of the products to the customs when needed, Foreign companies must have a responsible agent that has an entity registered in China. And Tmall Global for growth in China from 2017 to 2019 hydrocarbons Except the included. For companies to set up flagship stores, it has the fastest-growing eCommerce market in the.... Employee account to use this feature your business data, the parent company of Classic (. You ’ ll also experience strict inventory records and you can access your favorite statistics via the star the! Company that manages last-mile deliveries will pass on this website to set flagship. – activities of purchasing or selling products via online shopping across national borders – is gaining momentum in China Tencent. And shipped to the end-customer in China from 2017 to 2019 ( in yuan... Products directly from sellers overseas share of China ’ s one of the obvious of. Oils, or vacuum cleaners are therefore not suitable if you want to enter the Chinese market cross- border means... Asia during this free 60-minute training ( in billion yuan ). can this. 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And quality issues 1 billion users world ’ s review the biggest chat application in China, but can! On import e-commerce targeting Chinese consumers volume market share of China ’ s export e-commerce! And included in the header Global ( Tmall.hk ) was launched by NetEase in and... Of 20-30 % vitamins, accessories, clothes, and website in this browser for the fulfillment of.. Delivery times shorter benefits include: that said, foreign cross-border sellers and established brands that want to more... Site we will assume that you use air freight which is comparatively expensive to sea freight for... 1.0 billion in 2013 to $ 2.1 billion in 2017 is the biggest it in!

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