This surge stems from dual drivers:international market demand and domestic industrial chain upgrades.As the EU advances its unified charging interface policy and global electronic device ownership rises,demand for fast-charging devices supporting multiple interfaces like Type-C and USB-A has skyrocketed. A manager at a Shenzhen-based digital export company noted:“Overseas orders during the National Day period grew 50% year-on-year,with high-power multi-port chargers over 100W accounting for over 60% of purchases from European and American clients.”
On the policy front,the State Council's recent“Opinions on Stabilizing and Optimizing Foreign Trade Scale and Structure”explicitly supports cross-border e-commerce overseas warehouse development and streamlines cross-border trade facilitation measures.In Guangdong,for instance,the local customs' “Unified Cross-Border E-Commerce Export System”has reduced clearance times for small appliances like chargers to under three hours,giving enterprises a competitive edge in capturing the overseas“Black Friday”shopping season.
Along the supply chain,Chinese manufacturers are rapidly capturing market share through technological iteration.According to data from the Ministry of Industry and Information Technology,patent approvals for fast-charging technologies in China grew by 28% year-on-year during the first three quarters of 2023,while the penetration rate of domestically produced gallium nitride(GaN)chips in multi-port chargers has reached 35%.A Zhejiang-based manufacturer disclosed that its newly developed 120W three-port charger has obtained UL certification in the United States,with the first batch of 50,000 units scheduled for shipment to North America during the National Day holiday.
Experts analyze that the strong sales of multi-port chargers reflect the optimization and upgrading of China's foreign trade structure.A researcher from the China Institute for International Trade and Economic Cooperation under the Ministry of Commerce stated:“With the release of policy dividends from the Regional Comprehensive Economic Partnership(RCEP)and the expansion of the Belt and Road market,high-tech,high-value-added consumer electronics are emerging as new growth drivers for exports.It is projected that China's multi-port charger exports for the full year of 2023 will exceed 2.5 billion yuan,representing a year-on-year increase of over 30%.”