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Rapid Growth in Chinese Low Value Exports

Low value trade accounts for about 2.5% of Chinese export trade value. Much of this is cross border e-commerce traffic and has grown by 37% in 2023 and 32% so far this year. This has been good for long haul airfreight, may not be sustainable in the long run unless platforms continue to subsidize shipping costs. This article provides an assessment based on Chinese customs statistics which contrary to US or European statistics provide information on low value trade.

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