Due to uncertainties in the global economic situation and trade policies and other factors, it is difficult to accurately predict the development of China’s foreign trade imports and exports in 2024, but according to the current trend and the views of some experts, we can make the following outlook:

First of all, with the gradual recovery of the global economy, China’s foreign trade imports and exports are expected to continue to maintain the growth trend, especially in exports, is expected to continue to maintain resilience, to achieve a small single-digit positive growth.

Secondly, cross-border e-commerce is expected to become a new growth driver, with the continuous development and popularization of digital technology, cross-border e-commerce will provide more opportunities and a broader market for Chinese foreign trade enterprises.

Third, emerging markets will become an important driving force for the development of China’s foreign trade. With the decline of traditional market demand, the demand of emerging markets will gradually increase. Chinese foreign trade enterprises should actively expand emerging markets and seek new business opportunities.

In addition, under the trend of declining demand for traditional categories, emerging categories such as new three types will continue to grow, and Chinese foreign trade enterprises should keep up with market trends, constantly innovate and optimize product structure, and enhance competitiveness.

Finally, with the rise of social e-commerce, brand building will become more important, Chinese foreign trade enterprises should pay attention to brand building, enhance brand awareness and reputation, in order to enhance market competitiveness.

In general, the development prospect of China’s foreign trade import and export in 2024 is more optimistic, but it also needs to deal with the challenges brought by global economic uncertainties.