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Chongqing's Foreign Trade up by 48.3% in First Four Months

By VIVIAN YANICHONGQING|May 15,2021

Chongqing- In the first four months of this year, the total value of the foreign trade in Chongqing Municipality was 245.91 billion yuan (38.20 billion U.S. dollars), a year-on-year increase of 48.3%, according to the Chongqing Customs Friday.

In the first four months of this year, the total value of Chongqing’s foreign trade imports and exports has a year-on-year increase of 48.3%. (Photo/ Chongqing Customs)

Among them, exports were 153.49 billion yuan, an increase of 53.2%; imports were 92.42 billion yuan, an increase of 40.7%.

Total imports and exports of Chongqing (January – April)  48.3% increase year-on-year 
Exports of Chongqing (January – April) 53.2% increase year-on-year 
Importsof Chongqing (January – April) 40.7% increase year-on-year 

In April along, imports and exports were 65.66 billion yuan, an increase of 22.7%, of which exports were 41.18 billion yuan, an increase of 13.5%, and imports were 24.48 billion yuan, an increase of 42.2%.

Imports and exports with trading partners

The imports and exports of Chongqing with major trading partners maintained growth. In the first four months, imports and exports to the ASEAN, the EU, and the United States were 40.11 billion yuan, 38.92 billion yuan, and 35.62 billion yuan, respectively, an increase of 30.4%, 38.6%, and 62.2%.

At the same time, Chongqing’s total imports and exports to countries along the Belt and Road reached 68.16 billion yuan, an increase of 46.2%.

Imports and exports to the ASEAN (January – April) 30.4% increase year-on-year 
Imports and exports to the EU (January – April) 38.6% increase year-on-year 
Imports and exports to the US (January – April) 62.2% increase year-on-year 
Imports and exports to countries along the Belt and Road (January – April) 46.2% increase year-on-year 

Exports of electronic products 

The export of electronic information products maintained a relatively high growth rate. In the first four months, Chongqing’s exports of notebook computers, integrated circuits and other electronic products were 58.75 billion yuan and 9.81 billion yuan, respectively, an increase of 38.9% and 34% year-on-year.

Integrated circuits and metal ores serve as the main imported commodities. Specifically, their imports were 37.85 billion yuan and 6.06 billion yuan respectively in the first four months, an increase of 20.7% and 1.2 times respectively.

Integrated circuits and metal ores serve as the main imported commodities. (Photo/ Chongqing Customs)

General trade import and export

In the first four months of this year, Chongqing’s general trade import and export maintained growth for 11 consecutive months.

In April along, imports and exports of general trade totaled 23.94 billion yuan, an increase of 81.4%.

In the first four months of this year, Chongqing’s general trade import and export maintained growth for 11 consecutive months. (Photo/ Chongqing Customs)

Imports and exports with Enterprises

In the first four months, the import and export of Chongqing’s private enterprises was 105.15 billion yuan, an increase of 94.3%.

In the same period, state-owned enterprises and foreign-invested enterprises achieved import and export of 23.34 billion yuan and 117.18 billion yuan respectively, an increase of 59.3% and 20.9% year-on-year respectively.

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