In the first two months, the data of the top ten foreign trade provinces and cities were released, and experts are optimistic that the situation will continue to improve

With the release of foreign trade data by Tianjin on March 22, the report cards of the top ten foreign trade provinces and cities in the first two months of this year were all released, helping the national foreign trade in the Year of the Dragon to get off to a good start.

According to data released by the General Administration of Customs, in the first two months, the total import and export value of the country's trade in goods was 6.61 trillion yuan (RMB, the same below), an increase of 8.7% year-on-year, of which exports were 3.75 trillion yuan, an increase of 10.3%, and imports were 2.86 trillion yuan, an increase of 6.7%.

According to the statistics of the first financial reporter, the total import and export value of the top ten provinces and cities in foreign trade in the first two months was 5.47 trillion yuan, accounting for 82.8% of the country.

Guangdong, the largest province in foreign trade, imported and exported 1.35 trillion yuan in the first two months, an increase of 24.9%, and the growth rate was also the highest among the top ten provinces and cities. Among them, exports were 885.94 billion yuan, up by 26.8 percent, and imports were 462.4 billion yuan, up by 21.5 percent. Guangdong's imports and exports to its five largest trading partners, ASEAN, the United States, Hong Kong, the European Union and Taiwan, increased by 17.3%, 32.3%, 17.1%, 12.1% and 20.3% respectively.

Among the cities in Guangdong Province, Shenzhen's growth momentum is particularly strong, with a growth rate of 45% ranking first among major foreign trade cities in the country, and the import and export volume of 675.18 billion yuan is very close to Shanghai, the first city of foreign trade. The total import and export value of Guangzhou was 163.72 billion yuan, of which the export of electric manned vehicles increased by 4.7 times.

Jiangsu Province ranked second among major foreign trade provinces, with imports and exports of 850.44 billion yuan in the first two months, a year-on-year increase of 13.4%. Among them, exports were 541.63 billion yuan, an increase of 11.9 percent, and imports were 308.81 billion yuan, an increase of 16.2 percent. The total import and export value of Suzhou was 388.02 billion yuan, accounting for 45.6% of Jiangsu's foreign trade, and maintaining the fourth place among the major foreign trade cities in the country. Jiangsu's exports of mechanical and electrical products accounted for 68.7% of the province's exports. Among them, ship exports were 18.24 billion yuan, an increase of 150.1%.

Zhejiang, the third largest foreign trade province, had a total import and export value of 816.87 billion yuan in the first two months, a year-on-year increase of 18.1%. Among them, exports were 599.10 billion yuan, up by 19.5 percent, and imports were 217.77 billion yuan, up by 14.6 percent. Ningbo, Jinhua, Hangzhou, Jiaxing and Shaoxing, the top five cities in the province's import and export, all maintained double-digit growth, driving the province's import and export growth by 16.1 percentage points. Labor-intensive products are still one of the fundamentals of Zhejiang's foreign trade, with exports of 188.80 billion yuan in the first two months, an increase of 28.8 percent, 6.6 percentage points higher than the national level, accounting for 31.5 percent of the province's total export value. Among them, plastic products, furniture, shoes and bags increased by 34.7%, 30.2%, 32.3% and 35.4% respectively.

Shanghai, a municipality directly under the central government, ranks fourth among the top 10 provinces and cities in foreign trade. In the first two months of this year, Shanghai's imports and exports were 676.08 billion yuan, down 0.7%, and the growth rate was negative, mainly dragged down by the decline in imports. According to customs data, Shanghai's exports in the first two months were 265.91 billion yuan, an increase of 0.5 percent, and imports were 410.17 billion yuan, a decrease of 1.5 percent.

According to the statistics of Beijing Customs, in the first two months of this year, the total import and export value of Beijing (including central units in Beijing) was 579.44 billion yuan, an increase of 2% over the same period last year. The reporter noted that Beijing's import and export products are strongly related to strategic emerging industries. In the first two months, Beijing's exports of mobile phones and integrated circuits increased by 92% and 54.4% respectively. In terms of imported products, the import of integrated circuits was 11.46 billion yuan, up by 11.6 percent, the import of semiconductor manufacturing equipment was 4.46 billion yuan, up by 78.7 percent, and the import of aircraft parts was 1.62 billion yuan, up by 15.9 percent.

In the first two months of this year, Shandong Province's imports and exports reached 460.8 billion yuan, an increase of 3.6% over the same period last year. Among them, exports were 273.98 billion yuan, up by 6.5 percent, and imports were 186.82 billion yuan, down by 0.3 percent. The import and export of 16 cities in the province increased by 9 and decreased by 7. Among them, Qingdao's import and export was 125.8 billion yuan, an increase of 5.4%, accounting for 27.3% of the province's total import and export value, and its leading position was stable. Shandong's state-owned enterprises in the import and export performance of the top 10 provinces and cities, the import and export in the first two months of 43.38 billion yuan, although the proportion of less than one percent, but the growth rate of 18.6%, far more than private enterprises and foreign-invested enterprises.

In the first two months of this year, Fujian Province's imports and exports reached 334.06 billion yuan, an increase of 13.1 percent. Among them, exports were 207.02 billion yuan, up by 20.8 percent, and imports were 127.04 billion yuan, up by 2.5 percent. From the perspective of the overall performance of foreign trade entities, Fujian is the opposite of Shandong, and the performance of state-owned enterprises is not as good as that of private enterprises and foreign enterprises. In the first two months, the import and export of state-owned enterprises was 64.83 billion yuan, down by 5.3 percent, the import and export of private enterprises was 207.35 billion yuan, an increase of 21.9 percent, and the proportion of foreign trade also increased by 4.5 percentage points over the same period last year, and the import and export of foreign enterprises was 61.66 billion yuan, an increase of 9.1 percent.

In the first two months, Sichuan Province achieved a total import and export value of 158.8 billion yuan in goods, a record high in the same period in history, ranking eighth in the country, an increase of 15%. Among them, exports were 101.47 billion yuan, up by 8.1 percent, and imports were 57.33 billion yuan, up by 29.7 percent. One of the highlights of Sichuan's import and export is that Chengdu High-tech Comprehensive Bonded Zone reversed the downward trend of last year, with imports and exports of 67.49 billion yuan, an increase of 22%, and the scale returned to the first place in the national comprehensive bonded zone, contributing 58.6% to the growth of Sichuan's foreign trade in the same period.

The total import and export volume of goods trade in Anhui Province also hit a record high in the same period in history, reaching 122.51 billion yuan in the first two months, an increase of 12.8%, ranking ninth in the country and first in central China. Among them, exports were 81.46 billion yuan, up by 17.5 percent, and imports were 41.05 billion yuan, up by 4.5 percent. Anhui government departments are increasing their services for the import and export of products related to strategic emerging industries, and the import of mechanical and electrical products in the first two months was 13.93 billion yuan, an increase of 36.1%. Among them, the import of semiconductor manufacturing equipment was 3.26 billion yuan, an increase of 315.7%.

Tianjin ranks 10th among the top 10 provinces and cities in foreign trade. In the first two months of this year, Tianjin's import and export was 120.63 billion yuan, a year-on-year increase of 2%. The rapid growth of exports (13.7%) is the main force driving the growth of Tianjin's imports and exports. Tianjin's main export commodities, such as mechanical and electrical products, steel products, agricultural products, pharmaceutical materials and pharmaceuticals, all achieved growth, with growth rates of 25.1 percent, 10.6 percent, 10.6 percent and 2.8 percent respectively. The export of mechanical and electrical products accounted for 67% of Tianjin's total export value, of which the export of ships and automobiles increased by 5.2 times and 3.7 times respectively. Exports of lithium-ion batteries, electric vehicles, and photovoltaic products increased by 16.5%.

Relevant experts pointed out in an interview with the first financial reporter that foreign trade in the first two months of this year continued the recovery momentum since the fourth quarter of last year, mainly due to the recent improvement in foreign demand. The overall performance of the top 10 provinces and cities in foreign trade is excellent, which will strongly support the continued improvement of the national foreign trade situation.