As a Chinese company engaged in foreign trade industry for many years, the company should always pay attention to foreign markets in order to stabilize the company’s earnings. Bureau observed that Japan’s trade deficit in electronic equipment in the second half of 2022 was $605 million. This also shows that the Japanese version of this half-year imports have exceeded exports.
The growth of Japan’s electronics imports is also a clear reflection that Japanese manufacturing has moved its production plants overseas.
Japan’s trade has been on a downward trend from the late 2000s to the financial crisis in 2008, causing Japanese electronics companies to move factories like relatively low-cost countries.
In recent years, with the resumption of production after the new coronavirus pandemic, there has been a significant increase in imports of semiconductors and other electronic components, according to data, and the depreciation of the yen has increased the value of imports.
On the contrary, India plans to take measures to restrict imports from China in order to cut imports from China. China accounts for nearly one-third of India’s trade deficit. But India’s domestic demand in 2022 still needs China’s imports to support, so China’s trade deficit expanded by 28% from a year ago. One of the officials said the government is considering stepping up investigations to eliminate unfair practices on a “wide range” of imports from China and elsewhere, but did not specify which goods or what the unfair practices were.
So for the international foreign trade situation changes, to continue to pay attention to, while adjusting the foreign trade city’s thinking.
Post time: Apr-27-2023