Are China Imports Declining?
Recently, many U.S. companies have been discussing other sourcing alternatives instead of China, making some ask, “Are China Imports Declining?”
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China Limiting Graphite Exports
A decline in graphite exports out of China can negatively impact supply chains globally.
How to Begin Importing from China
China is the U.S.’s biggest trading partner and the largest exporter of goods internationally. Because of China’s ability to manufacture products on a large scale, importing from the country can present many opportunities. Not only is growth possible for a business, but reduced costs, large quantities of imports, and other benefits are also possible. While importing may seem attractive to first-time shippers, understanding what’s necessary is essential for the shipment’s success. This article will explain how to prepare the required documents and what to expect during your cargo’s shipping journey.
China’s Lockdown and its effects on supply chains
Several districts in China have been on lockdown for the past few weeks due to Covid, and the impact is now being felt on global supply chains. As outbreaks began
Trade War Between China and U.S.
President Trump intends on enforcing plans to calculate a 25% tariff on imports from China after months of back-and-forth negotiation. Amid the products affected will be vehicles, technology, and animals/animal
The Ongoing Red Sea Attacks
The Red Sea is one of the most significant waterways in international trade. It connects to the Suez Canal, one of the most crucial artificial passages for shipping.
Importing During Chinese New Year
During the holiday, ports, shipping companies, and factories limit operations or shut down, which can cause supply chain disruptions.
Ocean Shipping Rates Spiking
Rates for specific shipments from Asia to the U.S. West Coast have surged over 50% at the start of 2024.
Conflict Is Growing Airfreight
Businesses and shippers are seeing no end to the Gaza war and are seeing an impact on cargo movement.
Suez Canal Gaining U.S. Exports
While agricultural exporters tend to use the Panama Canal to reach Asia, delays force many to switch to the Suez Canal.