Zhejiang'S Foreign Trade Increased By 0.8%

Realization of Zhejiang in August

The total value of US $27 billion 330 million decreased by 5.6% compared with the same period last year, and the growth rate was 0.33%.

Among them, exports amounted to 20 billion 160 million US dollars, down 2.3% from the same period last year, a 1.7% increase in the ring ratio, and 7 billion 180 million US dollars in imports, down 13.8% from the same period last year, down 3.4% from the same month.

It is worth noting that the export volume of US $20 billion 160 million in August is the largest monthly export value of Zhejiang in the past third months since the beginning of this year. At the same time, in August, the import and export value and export value both hit second highs in the year.

Export market, US, ASEAN and Russia market continues to grow eye-catching.

Customs statistics show that Zhejiang's home appliances, furniture, lamps and other middle end manufacturing products export performance is relatively good.

Exports of footwear and high-tech products are still sluggish.

In the first 8 months, Zhejiang's exports to the US, ASEAN and Russia increased rapidly.

According to customs statistics, Zhejiang exported $25 billion 220 million, $10 billion 310 million and $5 billion 140 million to the US, ASEAN and Russia in the first 8 months, up 11.4%, 8.1% and 10.8%, respectively.

Meanwhile, Zhejiang's exports to the EU have been further widened by the continued weakening of the EU economy.

In 1-8 months, Zhejiang exported 34 billion 400 million US dollars to the European Union, down 9.1% from the same period last year, a 0.4 percentage point increase from 1-7 months, and 24 billion 980 million US dollars in exports to the euro area, down 13.1% from the same period last year, a decrease of 0.3 percentage points over that of 1-7 months.

In addition, the EU economy continues to slump, and the increase in trade frictions is also a problem for Zhejiang's foreign trade enterprises.

This year, China's export commodities have been beset by foreign trade protection measures. The most typical example is the European Union's anti-dumping investigations against China's photovoltaic battery products recently.

In September 6th, the European Commission decided to launch anti-dumping investigations on China's photovoltaic battery products. The amount involved in the year was nearly 130 billion yuan, the biggest trade dispute in China.

In the first 8 months, Zhejiang exported 960 million US dollars to the European Union, down 45.8% from the same period last year, accounting for 76.4% of the total solar cell export in the province.

Import market machinery and high-tech products decline sharply

Imports of mechanical and electrical products and high and new technology products have dropped significantly. Imports of raw materials and resource commodities have increased slightly, and import prices have dropped.

In the first 8 months, the import of mechanical and electrical products and high-tech products in Zhejiang reached 10 billion 560 million US dollars and 5 billion 740 million US dollars respectively, down 15.7% compared with the same period last year.

On the other hand, in the first 8 months, Zhejiang imported 20 categories of raw materials, such as iron ore, scrap metal and primary plastic, to 32 billion 650 million US dollars, up 1.2% from the same period last year, accounting for 55.7% of the total import value of the province.

Among the 20 categories of raw material and resource commodities, 15 kinds of commodity import prices declined, of which the average import price of natural rubber fell the largest, falling by 28.8%.

Customs Statistics experts say that the import price of raw material and resource commodities has dropped substantially, on the one hand, the cost pressure of enterprises has been lightened, but on the other hand, it also reflects that the global economy is not active, the export market demand is not strong, and the business pressure is increasing.

In the main import market, the ASEAN market is "thriving" and imports from other major sources of imports have declined.

In the first 8 months, Zhejiang imported 7 billion 250 million dollars from ASEAN, an increase of 10.3% over the same period last year. Imports from Japan, Taiwan and the European Union imported 7 billion 520 million, 7 billion 140 million US dollars and 6 billion 860 million US dollars, down 1.2%, 9.2% and 7.4% respectively.

Over the same period, Korea and the United States imported $5 billion 440 million and $4 billion 600 million respectively, down 1.2% and 9% respectively from the same period last year.

Private enterprises are still beautiful, and national policies help regional development.

As the main force of Zhejiang's foreign trade import and export.

In the first 8 months, imports and exports reached US $115 billion 570 million, an increase of 5.1% over the previous year, which is 4.3 percentage points higher than the average growth rate of the whole province, accounting for 56.6% of the total import and export value of the whole province.

Among them, private enterprises exported 89 billion 950 million US dollars, an increase of 6.3% over the same period last year, which is 3.8 percentage points higher than the average export growth of the whole province, accounting for 61.8% of the total export value of the province, and 25 billion 620 million US dollars, an increase of 0.96% over the same period last year, accounting for 43.7% of the total import value of the whole province.

Thanks to the positive effects of the national strategy such as the marine economy and Yiwu's comprehensive regulatory reform, Zhoushan and Yiwu have achieved rapid growth in import and export.

According to customs statistics, in the first 8 months, Zhoushan and Yiwu achieved import and export of US $10 billion 190 million and US $2 billion 890 million respectively, representing an increase of 24.9% and 16% respectively over the previous year.

In August, Zhoushan and Yiwu imported and exported 1 billion 270 million US dollars and US $450 million, up 27.8% and 5% respectively over the same period last year.