Will the Russian-Ukrainian war affect the export of bathroom mirrors?


bathroom mirror

Before the war broke out, China was Ukraine's largest trading partner. In 2021, the trade volume of goods between China and Ukraine will hit a record high again. From the perspective of cross-border e-commerce sellers, the Eastern European market is one of the "blue oceans" for many Chinese sellers, especially Russia and Ukraine. After the outbreak of the epidemic in 2020, the scale of Russian e-commerce surged by 44% to $33 billion! And among these sales, Chinese sellers accounted for more than 90% of the orders, of which e-commerce grew very rapidly. After the outbreak, the penetration rate of e-commerce in Ukraine increased by 36% compared with before the epidemic.

bathroom mirrors

A war directly raises the risk of trade interruption to the highest level. Sellers need to pay more attention to the safety of transported goods and make emergency plans to avoid the capital chain breaking. With the outbreak of war, it will be interrupted at any time. Cross-border e-commerce trade between China-Russia, China-Ukraine, Russia-Ukraine, especially the export business of Chinese sellers, faces the possibility of emergency interruption. For cross-border e-commerce sellers , This is an era full of uncertainty, not only to manage inflation expectations, but also to ensure profit margins, in order to better achieve success in going overseas.

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