广交会出口成交254.4亿美元，关税冲击下外贸订单不减反增！

Core Insights - The 137th Canton Fair showcased a significant increase in foreign buyers, with 280,000 overseas purchasers from 219 countries and regions, marking a 17.3% rise compared to last year, indicating strong global interest in "Made in China" products despite ongoing U.S. tariffs [1] - Chinese enterprises secured $25.44 billion in intended export orders, a 3% increase year-on-year, with over 60% of the transaction volume coming from countries involved in the Belt and Road Initiative, reflecting the expansion of China's foreign trade network [1] - The fair highlighted a surge in demand for traditional products like toys and textiles, as well as a notable increase in inquiries for smart and eco-friendly products, showcasing the adaptability of Chinese manufacturers [1] Trade Challenges - The implementation of reciprocal tariffs by the U.S. in April has caused significant challenges for Chinese exporters, particularly those reliant on the North American market, leading to inventory buildup and halted production in some factories [3] - The Chinese Ministry of Commerce has emphasized the need for integrated domestic and foreign trade strategies to assist exporters facing obstacles, promoting online and offline channels to facilitate access to the domestic market [3] Market Adaptation - Some foreign trade companies have successfully transitioned to domestic sales, with notable examples including Shuguang Toothbrush Factory selling 2 million units through e-commerce platforms and Jiamili Ceramic's sales exceeding 20,000 yuan on the first day of their promotion [5] - However, challenges remain for many exporters in adapting products for the domestic market, including brand development and supply chain adjustments [5] Diplomatic Developments - Following the Canton Fair, there were indications of a potential thaw in U.S.-China trade relations, with China agreeing to engage in discussions with the U.S. regarding tariff issues, signaling a willingness to negotiate [5] Future Outlook - The resilience of China's foreign trade sector is underscored by its ability to innovate and explore new markets, suggesting that with continued innovation and market engagement, the industry can navigate current pressures and emerge stronger [7]