2020 Explosive Product List!

Epidemic prevention materials, bicycle small appliances, textile furniture…

In 2020, the foreign trade industry is prevalent in this genre: “masks in February, forehead guns in March, meltblown cloth in April, helmets in May, bicycles in June.”

#1.Anti-epidemic supplies: snapping up in many countries around the world

The vent of masks has not yet passed, and anti-epidemic products such as disposable medical gloves, protective clothing, disinfectant, disinfectant tissues, disposable hand sanitizers, and ventilators continue to detonate the market.

According to data released by China Customs, in August, the value of exports denominated in renminbi increased by 11.6% year-on-year, of which, driven by the export of anti-epidemic materials such as masks, gloves, and medical devices, the export value of textiles, plastic products, and medical devices increased by 49.7 respectively. %, 94.3% and 38.9%, indicating that China’s export of anti-epidemic materials has effectively supported the positive growth rate of exports for five consecutive months.

China’s exports increased by 1.8% in the first three quarters, mainly attributable to the anti-epidemic materials-the anti-epidemic materials drove an export growth of 2.2%. The export of textiles, medical equipment and medicines including masks totaled US$158.3bn, an increase of 36.5%.

From the perspective of future trends, overseas epidemics have not been effectively controlled and a second wave of epidemics has occurred in European and American countries. It is expected that the high growth rate of China’s defense epidemic material exports will continue for some time, but the overall growth momentum has slowed down.

In October, the epidemic situation in overseas countries was still serious, and the demand for medical supplies in my country continued to increase. Up to now, China has provided anti-epidemic assistance to more than 150 countries and regions and 7 international organizations, and exported a large amount of epidemic prevention materials to 209 countries and regions.

#2.Bicycle: Epidemic changes the way of travel

Affected by the epidemic prevention and control policies of various countries, and for their own safety considerations, citizens of European and American countries are increasingly choosing to travel by bicycle instead of public transportation. Hot searches for “#BikeBoom2020” even appeared on Twitter.

European countries including Italy, France, the United Kingdom, Germany, the Netherlands, and Hungary have also introduced relevant policies to give certain subsidies to consumers who purchase bicycles or electric bicycles. The subsidy amount in Italy is even as high as 500 euros per person.

The first wave of bicycle sales began in April this year. At that time, in the bicycle stores in the United States and Europe, the entry-level models were once sold out, and there was a need to queue for reservations, and store sales surged. The heat spread to Chinese export companies in June, and the second wave of bicycle sales began in autumn.

According to statistics from the General Administration of Customs, the export value of bicycles has increased month-on-month for five consecutive months from April to August. The export value in the second quarter and the third quarter was US$807 million and US$1.1 billion respectively. This is the first single-quarter export value of the bicycle industry since 1995 to exceed the US$1 billion mark, setting a record high in a single quarter in the past 25 years.

#3.Small appliances: a strong demand to improve the quality of life

According to the data released by the General Administration of Customs, the growth rate of the cumulative volume of China’s home appliance exports increased from -2.8% from January to June to 9.7% from Jan. to Oct., and the growth rate of cumulative value also increased from 4.2% to 19.1%.

In October, the overall growth rate of home appliances slowed down. The main driving force came from the export side. Domestic sales remained stable. The export performance of refrigerators was relatively good. The reason was the second rise of overseas epidemics and increased demand for stored food, which led to the export of refrigerators in my country.

The year-on-year growth rate of the home appliance market throughout the fourth quarter is expected to be mainly driven by the export side. Affected by the overseas epidemic, the future direction is still unclear. The domestic market remains stable, and sales at the end of the year are expected to bring a small increase. In October, air-conditioning increased slightly year-on-year and decreased more month-on-month, both in line with expectations. In the future, the year-on-year growth rate will mainly be stable and slightly fluctuate. The month-on-month growth rate will gradually increase from this month, and will gradually increase throughout the fourth quarter.

In terms of specific categories, customs data show that in the past six months, my country’s monthly export value of microwave ovens has all ranked among the top ten monthly export values, among which monthly historical records were set in April, July and August.

In addition, in H1 2020, China’s exports of electric frying pans, bread machines, and juicers increased by 62.9%, 34.7%, and 12.1% respectively. In the second half of the year, the export of coffee machines increased by at least 20% year-on-year.

As more and more people are unable to eat out due to the epidemic, the time at home has been greatly extended, and the sales of small kitchen appliances and environmentally clean small appliances in overseas markets have also increased significantly

#4.Textiles: A large number of overseas orders return to China

In the first three quarters, the overall export of textiles and clothing achieved relatively rapid growth, which exceeded the national trade in goods. Since the second half of the year, the clothing export situation has continued to improve and maintain a positive growth trend for two consecutive months in September. The explosion of textile orders originated from the out-of-control epidemic in major textile exporting countries such as India.

Countries such as India, Bangladesh, Cambodia, and Myanmar that previously undertook the transfer of Chinese textiles have implemented various levels of lock-out policies in order to control the epidemic. However, due to the delay in the epidemic, the production capacity cannot be fully restored. Goods, many European and American buyers choose to hand over their orders to Chinese manufacturers.

#5.Furniture: “House economy” has spawned a lot of demand

According to the latest import and export data released by the General Administration of Customs, in October this year, the export value of domestic furniture and its parts reached US$5.89bn, an increase of 4.8% from September, showing a growth trend for five consecutive months.

Due to the second rebound of the pandemic, the concept of “home economy” has blown out again, and the demand for related products has increased substantially, and furniture is just one of them. The shutdown of foreign industries has led to insufficient supply. As a major furniture producer, China has become an important supply in the overseas furniture market, and Chinese furniture is being snatched by foreign countries. This wave of popular furniture export products are mainly sofas, beds, office desks and chairs, dining tables and chairs, and children’s beds.

#6.Computer: Home office, school necessities

Home office and distance learning models have also driven the global sales of home computers and laptops.
In August, in order to avoid the spread of the epidemic in the United States, many schools said they would teach remotely when the school was about to start, causing students to snap up computers. According to the Associated Press at the time, the three largest computer companies in the world, Lenovo, Hewlett-Packard, and Dell, have notified the school district that their inventory cannot meet the demand for orders. There is a shortfall of nearly 5 million laptops. The shortage may last for several months or even more. Long time.

In the first half of the year, the consumption increase of the “home economy” drove the export of notebook computers and mobile phones to increase by 9.1% and 0.2% respectively. The hot sales of computers really continued. By the third quarter of 2020, global PC shipments had increased by 12.7%, setting a 10-year high.

When introducing the import and export situation in the first three quarters of this year, the General Administration of Customs pointed out that my country’s consumer electronics product industry chain and supply chain have obvious advantages. The total export of notebook computers, tablet computers, home appliances and other “home economy” commodities is US$134.06bn, an increase of 17.8%. 

#7.3D printer: the emergence of “non-mainstream”

3D printers are “non-mainstream” products that have emerged this year due to the epidemic. Especially during the epidemic in Europe and the United States, China’s exports of 3D printers have surged.

After the epidemic has spread globally, countries generally face the dilemma of insufficient medical supplies and cut-off supplies of protective equipment. 3D printers have become their “life-saving straw.” Many foreign 3D printing enthusiasts and DIY enthusiasts flock to e-commerce platforms to snap up 3D printers in China, and move these small and light portable devices to their basements, garages, workshops and bedrooms to print emergency masks.

In addition to masks, due to the severe impact of the epidemic on the global supply chain, the traditional industrial production process is facing a long production cycle and a large number of factory shutdowns, which has caused the supply of parts for many products to be cut off. At this time, 3D printing technology can also be used to provide emergency response for important parts and components.

As a result, China’s export volume of 3D printers has surged, and overseas orders have been surging all the way. The entire industry has ushered in a wave of small climaxes.

According to data from the National Bureau of Statistics, boosted by overseas hot sales, China’s 3D printing equipment output increased by 87.7% year-on-year in the first quarter, and this growth rate further rose to 344.7% in April.

Especially in Shenzhen, 3D printing companies characterized by fast, small-batch, mold-free, flexible manufacturing, and on-demand production bypass these supply chain breakpoints, save the time and cost of mold production and provide a new way to stabilize the supply chain.

#8. LED sterilization lamps are emerging

In the first three quarters, related scientific research, medical lamps, ultraviolet lamps and other anti-epidemic related lighting products have ushered in explosive growth in the context of huge demand caused by the global epidemic. According to statistics, the export of related products in the first three quarters has reached US$386m, year-on-year The growth reached 520%.