Shanghai Port Sees Cross-Border E-Commerce Sea Export Value for Jan-May Surpass Full-Year 2023 Total

Deep News06-04

The value of goods exported via cross-border e-commerce sea freight through the Shanghai port in the first five months of this year has already exceeded the total for the entirety of 2023.

On June 2nd, a batch of handheld mini-fans valued at 18,000 yuan was successfully shipped overseas from the Shanghai Sea Freight Cross-Border E-Commerce Operation Center at the Waigaogiao Zhendong Terminal. The shipment was overseen by the Shanghai Waigaogiao Port Area Customs, a branch of Shanghai Customs.

The export was facilitated by an innovative customs supervision model known as "Master Bill + Consolidation." This model allows fragmented cross-border e-commerce cargo to be loaded directly onto ships alongside general export trade goods, enabling containers to be shipped at full capacity.

This "Master Bill + Consolidation" approach not only unleashes the foreign trade potential of small and medium-sized enterprises but also, through its efficient logistics supply, acts as a magnet, drawing cargo from major e-commerce platforms like Amazon to converge at the Shanghai port. This is propelling the cross-border e-commerce sea export sector into a phase of rapid volume growth.

From January to May this year, Shanghai Customs has supervised the export of over 5.2 million cross-border e-commerce sea freight parcels, with a total declared value exceeding 5.8 billion yuan. This figure already surpasses the total value recorded for the full year of 2023.

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