The total value of Yiwu's foreign trade in the first quarter was 148.25 billion yuan

Recently, it was learned from Yiwu Customs that in the first quarter of this year, the total value of Yiwu's foreign trade import and export was 148.25 billion yuan, an increase of 25.5%; Among them, the export was 128.77 billion yuan, up by 20.5%; Imports of 19.48 billion yuan, an increase of 72.3%, import and export and import value accounted for 12.3%, 14.7% and 5.9% of the province's share, accounting for 1.7, 1.7 and 2.1 percentage points respectively.

 

At the beginning of the New Year, the Municipal Party Committee economic work Conference proposed that we should fully carry out nine major breakthroughs, focusing on the expansion of the market, stabilize foreign trade, grab orders, and introduce a series of policy measures to ensure that the first quarter "open the door steadily and get off to a good start." Since the beginning of this year, global trade has shown signs of recovery, the data released by the World Trade Organization in March showed that the international trade in goods barometer index was 100.6, an increase of 9.4 percentage points over the same period last year. With the support of multiple favorable factors, Yiwu's foreign trade imports and exports continue to grow steadily.

 

At present, the first phase of the Canton Fair is over, and more and more overseas merchants with certificates choose to come to Yiwu. Data show: Since the opening of Yiwu International Trade City this year, the average daily passenger flow has exceeded 210,000 people; The average daily foreign passenger flow exceeded 3,500, an increase of 160.2%, and the average daily vehicle flow was 99,514, an increase of 6.8%.

 

In addition, the continuous consolidation of foreign trade "old friends" is one of the driving forces for Yiwu's foreign trade growth in the first quarter. In the first quarter, Yiwu's imports and exports to Africa, Latin America and Southeast Asia reached 26.78 billion yuan, 23.91 billion yuan and 15.18 billion yuan, respectively, an increase of 28.5%, 39.2% and 37.0%. Imports and exports to India and Saudi Arabia reached 8.23 billion yuan and 4.04 billion yuan, up 28.0% and 27.7% respectively. In the same period, the total import and export of countries jointly building the "Belt and Road" reached 94.83 billion yuan, an increase of 31.8%, driving the import and export of Yiwu city to increase by 19.4 percentage points, accounting for 64.0% of the total import and export value of Yiwu City in the same period.

 

From the perspective of export commodities, labor products, mechanical and electrical products are still the main force. In the first quarter, the export of Loumi products reached 52.98 billion yuan, an increase of 29.6%, accounting for 41.1% of the total export value of Yiwu City, and contributing 55.1% to the city's export growth; Among them, the export of plastic products 14.55 billion yuan, an increase of 33.1%; The export of bags and similar containers was 5.21 billion yuan, up 30.6 percent. In the same period, the export of mechanical and electrical products was 49.0 billion yuan, an increase of 14.2%, accounting for 38.1% of the total export value of Yiwu City.

 

From the perspective of trade pattern, market purchase exports grew rapidly. In the first quarter, Yiwu exported 103.98 billion yuan through market purchase trade, an increase of 28.4%, accounting for 80.7% of the total export value of Yiwu, driving the export growth of Yiwu by 21.5 percentage points; Imports and exports through general trade reached 33.43 billion yuan, up 5.5%.

 

In the first quarter of this year, Yiwu imported 10.96 billion yuan of consumer goods, an increase of 27.5%, accounting for 56.2% of the total import value of the city; Among them, the import of beauty cosmetics and toiletries 2.34 billion yuan, an increase of 81.5%.

 

(Excerpt: Yiwu Commercial Daily)