What is the foreign trade market worth developing in 2024?Which countries can do foreign trade devel

Mondo Workplace Updated on 2024-01-31

In 2024, many salesmen have been instructed by the boss to open up new markets, which countries can be developed?

1. Southeast Asian market.

The Southeast Asian market is becoming more and more closely related to China, and the distance is close, and the sea freight is low. Focus on Indonesia, the fourth most populous country in the world, with huge business opportunities. It is recommended that foreign trade enterprises such as machinery, electronics, chemicals, clothing, plastics, medical equipment and communication equipment pay attention.

2. Latin American countries.

Especially the Mexican market. 2023 has been a strong year, with many well-known companies investing in Mexico due to US-China relations. A large number of Chinese products entered the U.S. market through Mexico, and Mexico became the second largest country in the United States. It is recommended that foreign trade enterprises pay attention to daily necessities and spare parts.

3. Russian market.

2023 has attracted much attention, and with the implementation of favorable policies such as the opening of mutual visa exemption between China and Russia, 2024 is still worth recommending. It is recommended to pay attention to foreign trade enterprises such as light industry, shoes, clothing, daily necessities, and wool.

4. Middle East market.

It is hot but there are uncertainties, and it is recommended to focus on countries such as Saudi Arabia and the United Arab Emirates. Key recommendation: machinery and equipment, food, textile, chemical and other foreign trade enterprises concern.

5. Central Asian countries.

Especially in the Belt and Road countries, the national policy is favorable. The Belt and Road Initiative has brought a wave of industrialization to countries along the way, China's clothing and daily necessities are selling well in Central Asian countries, and customers are in strong demand for machinery and equipment.

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