Chongqing’s Foreign Trade Exceeded USD 7 Billion at January 2019

By Xinyi Li, EDITOR

On February 19, Chongqing Customs District P.R.CHINA announced Chongqing’s total import and export value of RMB 47.78 billion (USD 7 Billion) in January. Meanwhile, it grew by 17.5% over the same period last year, making a good start. Moreover, export value totaled RMB 31.78 billion, increasing by 27.2% while import value reached RMB 16 billion, increasing by 1.9%.

Chongqing's foreign trade achieved a good start. Graphics by Zhang Chen

Besides, with different major foreign trade partners, Chongqing’s import and export volume is different. The volume with countries and regions along the “Belt and Road” was RMB 10.97 billion, increasing by 4.4%. The volume with the EU totaled RMB 11.31 billion, with an increase of 37.6%. In addition, the volume with the United States reached RMB 7.56 billion, with year-on-year growth of 9.2%.

With different major foreign trade partners, Chongqing’s import and export volume is increasing. Graphics by Zhang Chen

Furthermore, the export products of Chongqing are mainly electronic products for processing trade. The export value of the portable computer which ranked first reached RMB 12.58 billion, with year-on-year growth of 29.5%. That accounted for nearly forty percent of the total export value. In addition, the portable computer is followed by the microcomputer processing components and smart wearable devices.

The export products of Chongqing are mainly electronic products for processing trade. Graphics by Zhang Chen

Source: Tencent