Cross-Border E-commerce Asia

Cross-Border E-commerce Asia

Maersk Opens Its First Warehouse and Distribution Center in Cape Town, South Africa - 1392x783

Maersk Bolsters Its Omnichannel Fulfillment Capabilities in Asia-Pacific

With the establishment of World Gateway 2, Maersk is not only elevating its logistics solutions for businesses but also solidifying its commitment to enhancing Singapore's position as a regional logistics hub.

Jul 26, 2023

A Look at China’s Cross-Border Logistics Landscape in 2022 - 1392x783

A Look at China’s Cross-Border Logistics Landscape in 2022

Learn about the key dynamics and developments surrounding China’s cross-border logistics in 2022, which include top sources of origin for international shipments and the average number of business days it takes for these parcels to reach their designated countries.

Jun 01, 2023

Everything You Should Know About Cross-Border E-Commerce - 1392x783

Everything You Should Know About Cross-Border E-Commerce

Discover the essential insights, best practices, and strategies you need to succeed in cross-border e-commerce. From market research to logistics and customer trust, this comprehensive guide has everything you should know about cross-border e-commerce.

May 29, 2023

PSA Acquires Stake in Vietnamese Logistics Provider Sotrans Group - 1392x783

PSA Acquires Stake in Vietnamese Logistics Provider Sotrans Group

The partnership between PSA and ITL leverages STG’s strong presence in Vietnam with its local expertise in logistics and PSA’s global network of deepsea, rail, and inland terminals, and affiliated businesses, as well as global expertise in end-to-end supply chain services.

May 29, 2023

Bolloré Logistics Unveils Weekly LTL Cross-Border Trucking Service Between Singapore and Malaysia - 1392x783

Bolloré Logistics Unveils Weekly LTL Cross-Border Trucking Service Between Singapore and Malaysia

This new service aims to provide customers with an alternative transport option to Air and Sea modes for distribution between the two countries.

Apr 20, 2023

Southeast Asia E-Commerce Logistics Market Report 2023 - 1392x783

State of E-Commerce in Southeast Asia Report 2023

Get the latest insights into e-commerce in Southeast Asia with our 2023 report covering delivery performance metrics in Singapore, Indonesia, and Malaysia. Know the trends in the region and prepare your business for success with our data-driven insights.

Apr 03, 2023

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Cross-Border E-Commerce in Asia

The State of Cross-Border E-Commerce

The global cross-border e-commerce market is growing rapidly, particularly in Asia. Notably, China is one of the fast-growing cross-border e-commerce markets, contributing to a lot of outbound shipments around the world. of the top e-commerce logistics trends is the growing cross-border market around the world. For example, Cainiao Network and Alibaba have been expanding their global presence to facilitate the fast and efficient processing of international e-commerce shipments from Asia to other parts of the world. Cross border e-commerce growth is dependent on the capacity to ship products across countries in the shortest amount of time and at the lowest possible cost, including both inbound shipments and outbound shipments. And Asia is currently leading the way in global cross border e-commerce.

Cross-Border E-Commerce in Southeast Asia

Southeast Asia is indeed the rising cross border e-commerce hub, owing to its fast-growing population of internet-savvy consumers amongst other factors. According to Mordor Intelligence, cross border e-commerce already accounts for more than 40% of overall e-commerce sales in the region. Southeast Asia is also an important supplier for various product categories to numerous locations throughout the world, with the United States, Australia, and the United Kingdom being the three biggest destinations. The presence of large cross border industry players in the e-commerce world such as Amazon, Alibaba Group, eBay, are contributors to Southeast Asia’s rapid cross-border e-commerce growth.

Cross-Border Opportunities Post-COVID

Amid national efforts and widespread support for purchasing domestically especially during the height of the pandemic, customers are moving towards making more international purchases. This can be attributed to a variety of reasons, including price sensitivity and the availability of unique products. This brings new revenue opportunities to domestic retailers, who are not confined to selling domestically, but are now exposed to a much larger market segment.

Cross-Border E-Commerce in China

China now dominates the cross border e-commerce logistics market in Asia-Pacific (APAC), accounting for 56.4% of the total segment value (€23,596m). It is also the major supplier of current cross border online purchases across regions. Despite the economic instabilities and supply chain bottlenecks in 2021, cross border e-commerce imports and export in China surged 20.1% year on year during the first nine months. This is largely due to the landscape’s maturity, as well as the existence of overseas in-country warehouses and logistics networks, improving overall market efficiency.