On March 9th, Qingdao Customs and Jinan Customs jointly announced that the total value of Shandong’s imports and exports reached 384.12 billion yuan in the first two months of this year, an increase of 38.7% over the same period last year. Among them, exports were 222.73 billion yuan, an increase of 61.1%; imports were 161.39 billion yuan, an increase of 16.4%. The growth rate of import and export, export and import are all higher than that of the whole country.
According to reports, Qingdao's import and export continued to take the lead among the 16 cities in the province, with an import and export value of 114.41 billion yuan, an increase of 39.3%, accounting for 29.8% of the province's total import and export value, an increase of 0.1 percentage point. Fifteen of the 16 cities in the province achieved year-on-year growth. Six cities including Yantai, Rizhao, Linyi, Dezhou, Tai'an and Zaozhuang increased by more than 50%, reaching 70.1%, 50.6%, 99.7%, 55.4%, 52.4%, and 51.8%, respectively. .
In terms of trade methods, the province's general trade import and export amounted to 261.45 billion yuan, an increase of 39.2%, accounting for 68.1% of the province's total import and export value, and the proportion increased by 0.2%. During the same period, Shandong's processing trade import and export amounted to 68.75 billion yuan, an increase of 50.6%, accounting for 17.9% of the province's total import and export value, and the proportion increased by 1.4 percentage points.
From the perspective of enterprise entities, the import and export of private enterprises in our province was 261.43 billion yuan, an increase of 39.9%, accounting for 68.1% of the province's total import and export value, and the proportion increased by 0.6%. During the same period, Shandong’s foreign-invested enterprises’ imports and exports amounted to 89.86 billion yuan, an increase of 42.5%, accounting for 23.4% of the province’s total imports and exports, accounting for an increase of 0.6%; state-owned enterprises’ imports and exports amounted to 32.13 billion yuan, an increase of 21.6%, accounting for the province’s total imports and exports. 8.4% of the total export value, accounting for a decline of 1.2 percentage points.
In terms of major markets, the growth rate of our province’s imports and exports to the top five markets all exceeded 30%, and the United States has become the largest trade market. In the first two months, Shandong’s imports and exports to the United States were 49.41 billion yuan, an increase of 105%; the imports and exports to ASEAN were 49.33 billion yuan, an increase of 42%; the imports and exports to the EU (excluding the United Kingdom) were 40.43 billion yuan, an increase of 47.5%; Exports were 34.48 billion yuan, an increase of 41.6%; imports and exports to Japan were 25.2 billion yuan, an increase of 34.5%, and the import and export growth rates of the top five markets above exceeded 30%. During the same period, Shandong’s imports and exports to countries along the “Belt and Road” were 117.52 billion yuan, an increase of 30.2%, accounting for 30.6% of the province’s total import and export value; among them, exports were 65.34 billion yuan, an increase of 50.3%; imports were 52.18 billion yuan, an increase of 11.5%. .
It is worth noting that the import growth rate of our province has turned from negative to positive. Affected by the plunge in international crude oil prices last year, the value of imports in our province fell by 4.1% year-on-year. In the first two months of this year, the average price of crude oil imports fell sharply by 25.2% year-on-year, making the value of imports still drop by 19.5% while crude oil imports increased by 7.7%. However, relying on the manufacturing industry and domestic consumer demand to drive a substantial increase in the import volume of other bulk commodities, agricultural products and consumer goods, the import value of our province has achieved a year-on-year positive growth.
(Source: Langya News Network)
