According to the Baltic Index, since the beginning of November last year, the shipping cost of containerized cargo has risen by 80%, and has nearly tripled in the past year. This increase reflects the dramatic changes in consumption during the pandemic. Consumers have used money originally used for dining out or watching movies to buy imported clothing, computers, furniture and other goods. Customer’s action sets a new consumption record for these goods. This unprecedented sudden changes in consumption have overturned the long-standing trade model and created a "transportation bottleneck" from Chinese factories to foreign consumers. Exporters, port officials and trade experts state the impact of the coronavirus pandemic has exposed the fragility of physical channels for cross-border trade. 

However, risks and opportunities are symbiotic. Even though cross-border trade exports are restricted by the pandemic and have entered a bottleneck period, the real feedback under the big data is really surprising. According to Alibaba statistics, China's export demand for consumer electronics in 2020 increased by 95% year-on-year; According to Alibaba statistics, China's export demand for consumer electronics in 2020 increased by 95% year-on-year; Moreover, the demand for sports and entertainment increased by 128% year-on-year. The coronavirus pandemic prevented people from going out, but it could not extinguish people's enthusiasm for fitness. And dumbbells became the king of export goods, which became the most in demand product for large household appliances. The upward trend of demand in many industries as shown in the figure is very impressive.  

From a macro perspective, based on the above data, the bottleneck in cross-border trade is only temporary. A substantial increase in demand will eventually tend to exceed supply. As long as we seize the opportunity, when we survive this difficult period is the beginning of another dawn. Just as we want to see more beautiful and farther scenery, we must try to climb higher and steeper mountains. In any case, we should face this tough situation with a positive attitude, and we should believe we can cope with any challenge in the future.