The People's Republic of China Turns Voice Seda!
People's Republic of China The country (CHC) alone accounts for 15% of the world's exports, making $2.5 trillion in exports in 2020 when it exported $1.25 trillion 10 years ago; When the pandemic starts, it will not recover for a long time, its markets will be shared by developed countries, and one of the most advantageous countries in this environment is Turkey, but it does not disrupt its methodology. Nawlun The country that quietly watches and stocks grain in an environment where it is thought that countries with the advantages of freight will again take a step forward because they are predicted to have problems and will live even further...
So let's see what happens at this point; first of all, when you look at the "CHC Import, Export Index" above, you can easily see that the country is also well above the pandemic in exports. CHC, October 2021 export figures announced. In October alone, yes, in just one month, the country's exports amounted to $300 billion. Exports grew 27.1% compared to October 2020. The country's exports were already growing in double digits for the past 13 months. When you look back at the index, it appears that the monthly foreign trade surplus was $84.5 billion in October alone, generating $2.8 billion in foreign trade surpluses every 24 hours. With this pace, $1 trillion per year in foreign trade surpluses. On the other hand, what we think is more important is; If the CHC continues to export at the same rate, its share of world exports will increase by 2% in just one year and reach 17%.
On the other hand, the Baltic Dry Freight Index and indicator container rate decline trend, which are important indicators for international product trading activity, continue. The Baltic Dry Load Index, which fell 32% in October, also dropped by up to 10% in the first days of November. This shows that the shortage of freight in the world will return to full normal in the short/middle term.
Whether or not the CHC can recover, and for the reason of the freight; It is also apparent that the PRC is eyeing other countries' market shares, aside from the fact that the arbitrage, which is now thought to have formed, has been used politically by countries claiming to take a share of the PRC's target markets.
As a result, it will not be difficult to predict that countries that invest in competitive lots, enter the market with instant sub-prime pricing, resist branding, cannot export value-added and high-tech products will soon fall far behind in their foreign markets.
Izzet Selçuk ŞA BAN
