中文(chinese)

Current Position: Home > Market Watch > CONTEXT
  • A Good Start for the Foreign Trade of Yiwu

  • Source:Yiwu · China Commodity Index Author:Yiwu · China Commodity Index 2019-03-25
  •     Influenced by such factors as centralized shipment before the festival and the recovery of foreign trade situation, Yiwu's foreign trade in January ushered in a historical monthly peak. According to statistics, the total value of Yiwu's imports and exports in January was 35.55 billion Yuan, with a year on year increase of 42.6%; of which 34.73 billion Yuan was exported, with a year on year increase of 41%; and 820 million Yuan was imported, with a year on year increase of 1.9 times.
        According to the customs data, in January this year, the development momentum brought by Sino-Euro Train is strong and Yiwu customs has cumulatively supervised over 2,500 TEU, realizing a year on year increase of 134.6%. With the promotion of this route, Yiwu's imports and exports with countries along "the Belt and Road" reached 18.6 billion Yuan, increasing by 40.1%. Trade accounted for 52.3% of the total import and export value of the city, and contributed 53.3% to the city's foreign trade growth. In addition, Yiwu's foreign trade imports and exports to both traditional and emerging markets have maintained a rapid growth. In January this year, Yiwu's top two import and export markets were the Middle East and Africa, with imports and exports of 8.45 billion Yuan and 8.16 billion Yuan respectively, increasing by 36.1% and 43.1% respectively, maintaining a rapid growth trend. Over the same period, imports and exports from Yiwu to the BRIC (India, South Africa, Brazil and Russia) totaled 4.61 billion Yuan, increasing by 46%; imports and exports from Yiwu to ASEAN counted to 3.88 billion Yuan, increasing by 62.2%; and to the United States was 1.62 billion Yuan, increasing by 55.6%.