Zhanjiang foreign trade exceeds 30b yuan in first 10 months
Zhanjiang's foreign trade increased by 11.9 percent year-on-year to exceed 30.43 billion yuan ($4.3 billion) in the first 10 months of 2018, according to official statistics issued by Zhanjiang Customs on Nov 25.
During the Jan-Oct period, the export value decreased by 8.5 percent to 16.02 billion yuan, while the import value grew by 48.7 percent to 14.41 billion yuan.
General trade remained the major form of Zhanjiang's foreign trade, increasing by 6 percent to 24.99 billion yuan, 82.1 percent of the total. Bonded logistics and processing trade followed with shares of 7.4 percent and 6.1 percent respectively.
Private enterprises were a significant contributor behind both the whopping trade value and the growth rate. In the first 10 months of this year, their export-import value was recorded at 14.22 billion yuan, almost half of the total, representing an increase of 22.8 percent.
Aquatic and marine products, furniture and steels, were the most favored Zhanjiang commodities in foreign markets, totaling an export volume of 10.22 billion yuan.
Iron ore, agricultural products and coal were the three major import commodities, with their trade volume reaching up to 11.57 billion yuan.
Zhanjiang aquatic products attract keen interest from domestic and foreign visitors at the China Marine Economy Expo. [Photo/Zhanjiang Evening Post]