From the second half of 2021, foreign trade industry began to recover. This is a good news for the global economy. In the past 2 years, the world economy and foreign trade was deeply hurt because of Covid-19. The recover of production will improve the development of economy. It will increase people’s confidence as well. In the meantime, we have to analyze the situation of foreign trade in 2022. Today let’s talk about the challenge.
The first one is Covid-19
Though the Covid-19 got some control, it’s still a trouble for trading. The disease still wreak havoc in some countries. So far, over 1 million people died from Covid-19 in America. The the number of injected person is still increase in some countries in Europe and Asia. According to the report, more than 0.6 million people inject the Covid-19 in Korea on March 17th, 2022.
In many other countries like China, the Covid-19 becomes fierce these days. China government still insists strict control method. This cause the factory can’t produce and deliver on time. Worse more, the situation in Shanghai becomes serious these days in the end of March, 2022. Constant increased injected person cause the port can’t work as normal. As we all know, Shanghai Port is the biggest in the world. Thus, this will certainly cause bad effect to the world trading.
The Covid-19 will constantly exist in the foreseeable future. Of course, it will be a long term affect factor for foreign trade industry in the whole world. Therefore, we have to draw up a long term plan to deal with it.
At the effect of covid-19, foreign trade company can’t attend the exhibitions in other countries. That directly cause one of the most important marketing channels cut off. Then it causes the order and business shrink sharply. Further it causes lot of employees unemployed. EverFlex will focus on the covid-19 and try to be immune to it.