Ocean Freight Rates Drop Reshaping Crossborder Ecommerce
Ocean freight rates have plummeted, posing challenges for cross-border e-commerce. Excess capacity and decreased demand have led to significant price drops, putting pressure on sellers' costs and intensifying competition. The overseas expansion of domestic e-commerce giants further exacerbates the 'involution' in foreign markets. While import e-commerce cools down, the export market faces fierce competition, making future development uncertain. Sellers must adapt to the changing market dynamics and explore new strategies to maintain profitability and competitiveness in this volatile environment.
