What is foreign trade? Which platforms are better?

What is foreign trade? Which platforms are better?

Now more and more young people are starting their own businesses. After all, starting your own business can truly achieve financial freedom. Going to work is hard, and the salary is generally not very high. What does foreign trade do?

What does foreign trade do?

1. Engage in import and export business;

2. Engage in the import and export business of various self-operated import and export production enterprises, scientific research institutions, etc.;

3. Engage in import and export business of various foreign-funded enterprises;

4. Engage in various professional customs declaration, cargo transportation and other international logistics work;

5. Engage in primary financial and business management work in various foreign-related enterprises and institutions.

Which platforms are better?

1. Alibaba International Station

As one of the world's largest and oldest B2B e-commerce platforms, it currently has more than 35 million users, large traffic, and mature operations. However, the competition is also the most intense. In addition, some buyers send inquiries in batches and compare prices from multiple sources, which leads to relatively low profits for orders on Alibaba.

2. Dunhuang.com

This B2B website, which is mainly for small and medium-sized enterprises, generates an order every 1.6 seconds on average, according to its official website. It was free to use before, but now a platform usage fee is required. The platform still has great potential, but one point that was widely complained by sellers in the past is that it is too biased towards buyers, and some sellers will lose both goods and money.

3. TradeKey

TradeKey is a large B2B platform that focuses on the Asian market, especially India, China, Pakistan, Taiwan, Malaysia and Bangladesh. It is one of the world's largest international electronic trading markets for exporters and importers. Based on its unique services, powerful search engine, trade matching and product promotion tools. If judged only by inquiries, the effect is quite good.

4. Made-in-China.com

China's first B2B e-commerce platform, which conducts comprehensive reviews of paid suppliers. It provides product information in 27 categories and 3,600 subcategories. The quality and quantity of inquiries above are not bad, and it is an object that small businesses can consider.

Foreign trade is actually export trade or import trade. Generally speaking, the profit from this kind of trade will be larger. However, compared with domestic trade, foreign trade also has many difficulties to overcome, the first of which is logistics.

Recommended reading:

How about doing cross-border e-commerce at home? Is it easy?

What are the ways for individuals to receive cross-border payments? Introduction to payment methods

Will personal cross-border payments be regulated? Are there any limits on the amount?

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