Home /Media Center / Press Release / Cross-Border E-Commerce in China in H1 2023

Cross-Border E-Commerce in China in H1 2023

9.11.2023, 1:20:42 PM

408

In the first half of 2023, the total import and export value of China's cross-border e-commerce reached 1.1 trillion yuan, representing a YoY growth of 16%, according to the 52nd Statistical Report on China's Internet Development released by the China Internet Network Information Center (CNNIC). The share of cross-border e-commerce in foreign trade has risen to around 5% from less than 1% five years ago.

Kidswant Semi-Annual Report for 2023

Despite the decrease in operating revenue, Kidswant managed to improve their profitability in the first half of the year.

Recommendation

Top 10 Best-Sellers in May：Rising Trends in Mid-Range Bicycles and High-End Safety Gear
In the key categories of baby products, playpens and high chairs recorded year-on-year sales increases of 10.1% and 2.0% respectively. Data shows that in subcategories such as child safety seats, baby bottles, and high chairs, sales of high-end products have increased year-on-year.
Get the First Look at Best-Selling Baby Products: A MUST-ATTEND Kids Fair for Buyers Worldwide!
China Kids Fair (CKE) has always been a vital bridge connecting brands and distributors, offering a key platform for channel partners to discover new products, gain insights into market trends, and expand business horizons. Every year, many high-quality juvenile brands showcase their innovative products.
China's Evolving Stroller Market: Competition, Trends, and Innovations
Influenced by upgrading consumer demands and new parenting approaches, retail sales of children's strollers in 2024 reached 16.98 billion yuan (2.36 billion USD), a 17.5% year-on-year increase, according to the 2025 China Toy and Juvenile Products Industry Report by the China Toy and Juvenile Products Association.
Children’s Car Seat Sales in China Surge 64.6% Amid Broader Juvenile Product Growth
Data from the China Toy & Juvenile Products Association (CTJPA) shows year-on-year growth in seven juvenile product categories on China’s E-commerce platform Tmall, including strollers, bicycles, electric ride-on cars, car seats, high chairs, playpens and baby carriers. The top three are car seats (+64.6%), strollers (+23.6%) and bicycles (+14.4%).