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Middle East Conflict Impacts Canton Fair; Middle Eastern Buyers Decrease

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The 139th Canton Fair has seen a significant drop in Middle Eastern buyers due to the ongoing conflict. Chinese exporters face surging logistics costs and delayed deliveries, prompting a shift toward European and Russian markets.

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Frequently Asked Questions

Q: What is the main impact of the Middle East conflict on the 139th Canton Fair?
A: The conflict has caused a significant decrease in the number of Middle Eastern buyers participating in the exhibition.
Q: What are the common issues reported by foreign trade enterprises participating in this year's Canton Fair?
A: These enterprises generally reported rising raw material and logistics costs, as well as extended delivery cycles.
Q: How has Shenzhen Hongxujin Technology adjusted its market distribution in recent years?
A: The company shifted its focus, resulting in Europe accounting for about 20%, Russia about 70%, and the Middle East about 10%.
Q: What are the specific scale metrics that reached new highs for this year's Canton Fair?
A: The event reached a total area of 1.55 million square meters, 75,700 booths, and over 32,000 participating companies.
Q: How much did the air freight costs for Middle Eastern routes increase according to Zhang Kai?
A: Air freight costs for Middle Eastern routes rose significantly, increasing by approximately 30 percent.