Zhanjiang sees upturn in foreign trade in Jan-Aug

(en.zhanjiang.gov.cn) Updated : 2020-10-26

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The total value of exports and imports in Zhanjiang from January to August was 25.47 billion yuan ($3.81 billion), a year-on-year increase of 0.2 percent, according to statistics recently released by Zhanjiang Customs.

The city's export value in the first eight months of this year was 11.2 billion yuan, a decrease of 12.3 percent year-on-year, while its import value reached 14.27 billion yuan, an increase of 12.8 percent.

In August, Zhanjiang's total export-import volume saw a year-on-year increase of 39.7 percent to 4.03 billion yuan. Its export value was 2.19 billion yuan, an increase of 56.1 percent year-on-year, while its import value reached 1.84 billion yuan, an increase of 24.2 percent.

In terms of trade methods, the import and export of general trade in the first eight months of the year saw an increase of 4.5 percent to 20.06 billion yuan, making up 78.8 percent of Zhanjiang's total foreign trade. The import and export total of bonded logistics from January to August reached 2.4 billion yuan, a year-on-year increase of 9.5 percent and accounting for 9.4 percent of the city's total foreign trade volume.

In terms of enterprise categories, the imports and exports of private enterprises in Zhanjiang saw an increase of 0.5 percent to 11.81 billion yuan, making up 46.4 percent of the city's total foreign trade. State-owned enterprises in Zhanjiang had a total import-export volume of 8.75 billion yuan in the first eight months of this year, a 15.2 percent year-on-year increase.

In that period, Brazil was the largest trading partner of Zhanjiang. From January to August, the city's imports and exports to Brazil reached 4.33 billion yuan, up 1.2 percent year-on-year, while those to Australia were 3.81 billion yuan, an increase of 1.9 percent.

The imports and exports of Zhanjiang to the Association of Southeast Asian Nations (ASEAN), the United States, and India from January to August were 3.58 billion yuan, 1.71 billion yuan, and 1.52 billion yuan respectively.

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