In the first three quarters, the total value of Tianjin's foreign trade imports and exports exceeded 620 billion yuan, an increase of 14.7% year-on-year.

Tianjin, October 28 (Wang Junyan) reporters learned from Tianjin Customs that the total value of Tianjin's foreign trade imports and exports in the first three quarters of this year was 628.78 billion yuan (RMB, the same below), the highest record in the same period of history, an increase of 14.7% over the same period of the previous year (the same below), an increase of 16.7% over the same period in 2019. Among them, exports were 277.68 billion yuan, an increase of 23.1%; imports were 351.1 billion yuan, an increase of 8.9%.

In the first three quarters, Tianjin's foreign trade import and export showed the following main characteristics:

First, Tianjin's exports maintained a good growth trend. In the first three quarters, Tianjin's monthly export volume maintained positive growth year-on-year, with a growth rate of more than 2 digits for 7 months. In particular, since May, the monthly export volume has exceeded 30 billion yuan for five consecutive months. Pharmaceuticals and medicinal materials, containers, integrated circuits, bicycles and spare parts and other commodities have maintained a good growth rate.

Second, the import and export of private enterprises has increased significantly. Tianjin private enterprises to play the advantages of independent and flexible production and operation, showing more vitality and resilience in the development of foreign trade, imports and exports in the first three quarters of 236.09 billion yuan, an increase of 15.9%, accounting for 37.5% of the total import and export value of Tianjin foreign trade (the same below), accounting for 0.4 percentage points higher than the same period last year.

Third, major export products such as mechanical and electrical products, pharmaceuticals and medicinal materials, and containers continued to grow, with the export of mechanical and electrical products accounting for more than 60%, and the growth rate of pharmaceuticals, medicinal materials, and containers was significant. In the first three quarters, Tianjin's main export commodities continued to grow year-on-year, mechanical and electrical products still ranked first in Tianjin's export commodities, exports in the first three quarters of 169.74 billion yuan, an increase of 14.1%, accounting for 61.1% of the total export value of Tianjin in the same period. Among them, electronic components were 23.75 billion yuan, an increase of 38.4%. In addition, exports of pharmaceutical materials and pharmaceuticals increased by 150.8% and export containers increased by 481.5%, the largest increase among major export commodities.

Fourth, mechanical and electrical products still ranked first in imported goods, maintaining a double-digit growth year-on-year. In the first three quarters, Tianjin imported mechanical and electrical products of 191.28 billion yuan, an increase of 13.2%, accounting for 54.5% of the total import value of Tianjin in the same period. Among the main imported mechanical and electrical products, aircraft imports increased by 185.8% and ships increased by 32.2%. In the same period, Tianjin imported 58.66 billion yuan of agricultural products, accounting for 16.7%. Among them, soybean imports were 22.82 billion yuan, an increase of 52.3%. In addition, Tianjin imported 14.52 billion yuan of pharmaceutical materials and pharmaceuticals, an increase of 40%, and imported iron ore of 11.32 billion yuan, an increase of 3.7%.

Fifth, imports and exports with major trading partners have maintained growth. Among them, the import and export of the EU, the largest trading partner, increased by 34.8%, maintaining double-digit growth in the United States, South Korea, Brazil, Hong Kong, etc.; imports and exports to RCEP countries were 207.51 billion yuan, and imports and exports to countries along the "Belt and Road" were 148.29 billion yuan.

Sixth, the proportion of general trade imports and exports has increased. General trade import and export of 359.25 billion yuan, an increase of 15.1% year-on-year, accounting for 57.1% of the city's total foreign trade value (an increase of 0.2 percentage points over the same period last year), showing that the ability of Tianjin enterprises to directly participate in the division of labor in international trade continued to increase. Among them, the general trade export was 160.93 billion yuan, an increase of 26.9%; the general trade import was 198.32 billion yuan, an increase of 7%.

From the perspective of ports, the import and export freight volume in the first three quarters of this year hit a record high. In recent years, Tianjin Customs has continuously promoted facilitation measures such as "direct pick-up on the side of the ship", "direct loading on arrival", and advance declaration, and the business environment at Tianjin Port has been continuously optimized and the efficiency of customs clearance has been continuously improved. At the same time, China's epidemic control effect is good, the domestic economy is stable and reinforced, stable and good, the vitality of market players has increased, and the continuous recovery of the global economy has led to an increase in external demand, all of which have promoted the steady growth of Tianjin's import and export freight volume. In the first three quarters of this year, the import and export freight volume of Tianjin Port was 188 million tons, an increase of 16.9% year-on-year. In the month of September, the import and export freight volume was 20.85 million tons, an increase of 0.5% year-on-year. (End)

Source: China News Network