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Sichuan's foreign trade imports and exports increase by 19% in the first 7 months of this year

  • Categories:Industry News
  • Author:Sichuan Daily
  • Origin:
  • Time of issue:2020-09-15
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Sichuan's foreign trade imports and exports increase by 19% in the first 7 months of this year

  • Categories:Industry News
  • Author:Sichuan Daily
  • Origin:
  • Time of issue:2020-09-15
  • Views:
Chengdu Customs released data on August 13 that in the first seven months of this year, Sichuan’s total import and export value of goods trade was 361.6 billion yuan, an increase of 19% over the same period last year, which was much higher than the overall increase in imports and exports in the same period. Among them, exports were 203.7 billion yuan, an increase of 23.2%; imports were 157.9 billion yuan, an increase of 14%.
 
From January to July, Sichuan's foreign trade import and export mainly showed the following characteristics:
 
Both imports and exports showed double-digit growth in July. In July, Sichuan’s foreign trade import and export amounted to 58.28 billion yuan, an increase of 6%. Among them, exports were 34.05 billion yuan, an increase of 6.4%; imports were 24.23 billion yuan, an increase of 5.4%. In U.S. dollars, Sichuan’s foreign trade imports and exports in July were 8.47 billion U.S. dollars, down 0.6%. Among them, exports were 4.95 billion U.S. dollars, down 0.3%; imports were 3.52 billion U.S. dollars, down 1.1%.
 
The import and export of processing trade increased and its proportion increased. From January to July, Sichuan imported and exported 222.26 billion yuan by processing trade, an increase of 28.2%, accounting for 61.5% of Sichuan's total foreign trade value (the same below) during the same period, an increase of 4.4% over the same period last year. Among them, exports were 117.3 billion yuan, an increase of 28.6%; imports were 104.96 billion yuan, an increase of 27.8%. In the same period, imports and exports by general trade were 95.73 billion yuan, an increase of 5%, accounting for 26.5%; imports and exports by leasing trade were 490 million yuan, which was only 54.17 million yuan in the same period last year.
 
The growth rate of imports and exports to major trading partners such as the EU and ASEAN is higher than the overall growth rate. From January to July, Sichuan’s imports and exports to the U.S. reached 85.98 billion yuan, an increase of 8.9%, accounting for 23.8%, a decrease of 2.2 percentage points from the same period last year; imports and exports to ASEAN were 69.37 billion yuan, an increase of 21.8%, accounting for 19.2%, an increase over the same period last year. 0.4%; imports and exports to the EU were 67.57 billion yuan, an increase of 46.8%, accounting for 18.7%, an increase of 3.5% over the same period last year; imports and exports to China’s Taiwan region were 23.6 billion yuan, an increase of 53.3%, accounting for 6.5%, an increase over the same period last year 1.5 percentage points.
 
Imports and exports to countries along the “Belt and Road” continue to maintain a momentum of growth. From January to July, Sichuan’s imports and exports to countries along the “Belt and Road” reached 98.31 billion yuan, an increase of 13.5%, accounting for 27.2%, of which, Russia, Singapore, the UAE and Vietnam increased by 46%, 45.4%, 44.2% and 36.8% respectively.
 
Chengdu has maintained its "leading" status, and some cities and prefectures have grown rapidly. From January to July, Chengdu achieved an import and export value of 312.07 billion yuan, an increase of 21%, accounting for 86.3%. The growth rate of some cities and prefectures in southern and eastern Sichuan was significantly ahead of the provincial average. Among them, Ya'an doubled, Suining 51%, and Guang'an 45%.
 
The import and export of private enterprises continued to grow rapidly. From January to July, Sichuan private enterprises achieved 82.56 billion yuan in imports and exports, an increase of 33.5%, accounting for 22.8%, an increase of 2.5 percentage points over the same period last year, and their development momentum was strong; foreign-invested enterprises achieved imports and exports of 246.64 billion yuan, an increase of 22.3%.
 
Exports are dominated by mechanical and electrical products, and imports of agricultural products have increased. From January to July, Sichuan exported 167.91 billion yuan of mechanical and electrical products, an increase of 25%, accounting for 82.4% of Sichuan’s foreign trade export value during the same period. Among them, the export of automatic data processing equipment and its components was 80.28 billion yuan, an increase of 29.5%; integrated circuits were 42.7 billion yuan, an increase of 27.2%; automobiles were 3.65 billion yuan, a decrease of 21.8%; telephones were 2.44 billion yuan, an increase of 127.5%. In the same period, imported agricultural products were 3.4 billion yuan, an increase of 41.6%, accounting for 2.2%, of which dairy products were 750 million yuan, an increase of 83.3%, and fresh and dried fruits and nuts were 360 ​​million yuan, a 40.8-fold increase.
 
The import and export scale of the Comprehensive Bonded Zone ranks first in the country. From January to July, the import and export of Chengdu High-tech Comprehensive Bonded Zone was 232.52 billion yuan, ranking first among the comprehensive protection zones in the country, an increase of 28.6%, accounting for 64.3%. Among them, exports were 127.37 billion yuan, an increase of 29%; imports were 105.15 billion yuan, an increase of 28.2%. (Reporter Li Xinyi)

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