E-Commerce Monitor by IATA
COVID-19 has shifted consumers behavior and brought exponential growth to e-commerce. What have we learnt in 2020? And how can we build strategies to meet the increased demand for e-commerce?
Source: International Air Transport Association (IATA)
Xinhua Headlines: Cross-border e-commerce gains traction aboard China-Europe freight trains
In 2020, a record 12,406 China-Europe freight train journeys were made, up 50 percent from 2019. The number hit 1,165 in January, up 66 percent year on year. It is reported that the EU statistics agency Eurostat has said China last year overtook the United States as the EU’s biggest trade partner, with the bilateral trade totaling around 586 billion euros (about 711 billion U.S. dollars).