2023 Yongtai Canton Fair

Export transactions showed a recovery trend. The offline export transaction volume of this Canton Fair was US$22.3 billion, an increase of 2.8% compared with the 133rd session, showing a restorative growth trend. The export turnover of brand enterprises was US$6.35 billion, an increase of 7.8% over the 133rd session, accounting for 28.5% of the total export turnover. Transactions with countries co-building the Belt and Road Initiative amounted to US$12.27 billion, an increase of 2% over the 133rd session. Exhibitors said that the "rapid return" of overseas buyers has boosted the "warmth" of the exhibition. In addition to signing orders on-site, buyers are constantly making follow-up appointments to visit factories, workshops, and production capacity, and are expected to reach more cooperation in the future. The quality of overseas purchasers attending this Canton Fair has improved and they are actively placing orders, which further enhances the confidence of enterprises in foreign trade exports next year.

The import exhibition helps overseas companies expand the global market. A total of 650 companies from 43 countries and regions participated in this year's Canton Fair, of which 60% were from countries participating in the Belt and Road Initiative. Many industry benchmarks and internationally renowned brand companies rely on the Canton Fair Import Exhibition platform to display intelligent manufacturing, quality home furnishings, leisure life and other products. The important exhibition groups gained a lot. Companies participating in the Japanese pavilion for the first time signed multiple orders of considerable value with Chinese companies on site. As the largest national pavilion participating in this exhibition, Turkey has actively responded to the invitation to participate in the next exhibition and made serious preparations. Overseas exhibitors said that the Canton Fair Import Expo has built a fast channel for them to enter the Chinese market, allowing them to share the "super traffic" of the Canton Fair, while also meeting a large number of customers from all over the world, bringing new opportunities to expand the global market.