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Shandong Jining’s total foreign trade import and export value reached RMB 28.41 billion yuan in the first half of the year

Source：The seanews 08-03-2021 16:10:00

According to statistics from Jining Customs, in the first half of this year, the total import and export value of Jining's foreign trade reached RMB 28.41 billion yuan, a record high over the same period in history, a year-on-year increase of 29.8%. Among them, exports of RMB 18.83 billion yuan, an increase of 34.9%; imports of RMB 9.58 billion yuan, an increase of 20.9%. Both exports and imports achieved rapid growth, and the trade surplus continued to expand.

The data shows that Jining's import and export trade structure is continuously optimized. The import and export of the general trade method with a longer domestic industrial chain were RMB 25.26 billion yuan, an increase of 32.1% year-on-year, accounting for 88.9% of the total foreign trade value, occupying an absolute leading position in foreign trade; at the same time, with the recovery of corporate orders, the export of processing trade methods increased year-on-year 4.4%, realizing the change from negative to positive.

Among them, the export of mechanical and electrical products was RMB 7.78 billion yuan, a year-on-year increase of 68.3%, accounting for 41.3% of the total export value, and driving export growth by 22.6 percentage points; with the recovery of foreign markets, the export of labor-intensive products increased by 74.3%. Imports and exports to the top three trading partners ASEAN, EU, and the United States increased by 46.3%, 36.8%, and 61% year-on-year, respectively, with Japan and South Korea increasing by 19.1% and 5.1% year-on-year, and imports and exports with countries along the "Belt and Road" increased by 34.7%, and market diversification continues to improve.