Is domestic trade good in 2020? Or is the foreign trade situation good?

2020 is a special year. It will be an unforgettable year for the whole world, especially for Chinese production plants that are mainly export-oriented.

As of 2020, Chinese factories have undertaken the production and processing of 80% of the global daily necessities.

The world is shrouded in the COVID-19, and people's lives have been greatly affected. With only China's COVID-19 under full control, Chinese factories that are mainly foreign trade exports are facing severe order problems. When foreign trade orders are falling sharply, should it turn to domestic trade or continue to focus on developing the foreign trade market when it is generally not good?

Whether it is domestic trade or foreign trade, a market is the key to factories with stable productivity. If you want to switch to domestic trade rashly, you need to make domestic market investigations and preparations, and whether the production method can meet the requirements of the domestic market. Blindly insisting on the foreign trade market may still have some opportunities, but we must consider the time cost and the risks brought by the unknown international environment.

Foreign trade has certain advantages and disadvantages when entering domestic trade. Long-term export to foreign countries will have certain advantages in quality supervision and production efficiency. However, the development of e-commerce in the domestic market is advancing by leaps and bounds, and everyone's consumption methods, including the purchasing methods of buyers, have also undergone tremendous changes with the rise of e-commerce. Inventory stocking is an obvious feature, which is not suitable for foreign trade factories.

For the water cup market, due to the low unit price of products and the appearance of a large number of domestic brands, the difficulty of design and production is reduced. If the foreign trade water cup factory rushes to turn into the domestic trade market, there will be huge challenges. The two markets should not be isolated, and try to complement each other, so that no matter what market fluctuations they encounter, the company can have a strong ability to resist and protect.

Dongguan Zhanyi Commodity Technology Co., Ltd. is an integrated industrial and trade company focusing on the production and sales of foreign trade water cups, vacuum flasks and stainless steel water cups. The company can not only produce and process all kinds of stainless steel water cups and plastic water cups for global customers, but also is the general agent of the well-known American brand Ricool brand water ware in China. It is now looking for channel sellers in China. Buyers from all over the world are welcome to contact our salespersons to obtain samples, and welcome everyone to visit our factory.