10 hours ago
China's online exports surge past $278.59 bn in 2024
China's cross-border e-commerce exports have surpassed 2 trillion yuan in 2024—around $278.59 billion—marking a new milestone, according to the General Administration of Customs (GAC).
Exports rose 16.9 per cent year on year (YoY) to 2.15 trillion yuan, pushing total cross-border trade volume to 2.71 trillion yuan.
The US remained China's top e-commerce export destination, accounting for 36.2 per cent of total shipments, followed by the UK (11.7 per cent) and Germany (5.7 per cent). On the import side, US goods led with a 15.8 per cent share, while Japan and Germany contributed 10.5 per cent and 9.8 per cent, respectively, a state-controlled media outlet reported.
Consumer goods dominated exports, making up 97.5 per cent of the total. GAC official Cai Junwei, speaking at the 2025 China Langfang International Economic and Trade Fair, highlighted the sector's role in overcoming traditional trade barriers and supporting market expansion amid global economic uncertainty.
China's cross-border e-commerce exports have surpassed 2 trillion yuan (~$278.59 billion) in 2024 for the first time, marking a major milestone, according to the General Administration of Customs (GAC). Exports grew 16.9 per cent year on year to reach 2.15 trillion yuan, with the US, UK, and Germany being the top export markets. Consumer goods dominated trade flows.
Fibre2Fashion News Desk (HU)
