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The scale of foreign trade reached a new high in the first half of 2022.
In the first half of 2022, the total export volume of our company increased by 9% year-on-year. However, due to the outbreak of the epidemic in Shanghai, the shipment volume was affected to some extent, and the transportation cost was relatively high.
As the trade of various countries is affected by the COVID-19 epidemic, the export of various countries gradually decreases with the severity of the COVID-19 epidemic.
As the first country where COVID-19 outbreak occurred, China took active actions to take the lead in controlling the COVID-19 outbreak, taking the lead in realizing the resumption of production. The export volume of medical materials, reserve materials, daily necessities, etc. increased greatly, which promoted China's export trade.
In the first half of 2022, the total export volume of our company increased by 9% year-on-year. However, due to the outbreak of the epidemic in Shanghai, the shipment volume was affected to some extent, and the transportation cost was relatively high.
With the end of the epidemic situation in various places, in the second half of the year, it is expected that the growth will be further increased, the factory will produce on a large scale, and the shipment volume will also be expanded, with an increase rate of 20%.