The European Union, bonded logistics, private enterprises, and consumption have all contributed... Shanghai's foreign trade quality improvement does not rely solely on the "new three types", but is sluggish | import and export | collapsed | consumption | bonded logistics | European Union | new three types | Shanghai | foreign trade
According to statistics from Shanghai Customs, in the first seven months of this year, Shanghai's foreign trade development remained stable and improved in quality, achieving a total import and export value of 2.45 trillion yuan, an increase of 10.4% compared to the same period in 2021.
In the first seven months of this year, private enterprises in Shanghai achieved double-digit growth in import and export, with a total import and export volume of 753.18 billion yuan, a year-on-year increase of 15.2%, accounting for 30.8%. The import and export proportions of foreign-invested enterprises and state-owned enterprises are 59.2% and 9.8%, respectively.
The import and export growth rate of bonded logistics, which reflects the high-level opening of ports, is significantly higher than the overall growth rate, reaching 24.1%, with an import and export volume of 624.73 billion yuan. During the same period, the import and export of general trade and processing trade in Shanghai were RMB 1.46 trillion and RMB 339.09 billion, respectively, accounting for 59.9% and 13.9% of the total import and export value of the city.
![The European Union, bonded logistics, private enterprises, and consumption have all contributed... Shanghai's foreign trade quality improvement does not rely solely on the "new three types", but is sluggish | import and export | collapsed | consumption | bonded logistics | European Union | new three types | Shanghai | foreign trade](https://a5qu.com/upload/images/530223501e70b1fa21b86153f0223b52.jpg)
In the second quarter of this year, thousands of Indian made Suzuki cars were temporarily stored in the Yangshan Special Bonded Zone and later sold to South America, Africa and other places.
In the first seven months of this year, Shanghai's imports and exports to its largest trading partner, the European Union, maintained growth, with an import and export volume of 500.19 billion yuan, an increase of 11.6%, accounting for 20.4% of the city's total import and export value.
The new three types of electromechanical products have a significant driving effect on exports. In the first seven months, Shanghai exported 693.16 billion yuan of mechanical and electrical products, an increase of 15.2%, accounting for 69.6% of the city's total export value. The exports of electric passenger vehicles, lithium batteries, and solar cells increased by 159.5%, 130%, and 39%, respectively.
![The European Union, bonded logistics, private enterprises, and consumption have all contributed... Shanghai's foreign trade quality improvement does not rely solely on the "new three types", but is sluggish | import and export | collapsed | consumption | bonded logistics | European Union | new three types | Shanghai | foreign trade](https://a5qu.com/upload/images/a7541b508d1aeb5f07385da5fc808935.jpg)
On July 17th, the Customs Inspection Department of Outer Port conducted supervision on a batch of BYD new energy vehicles exported to Australia.
The import growth rate of consumer goods and bulk commodities is relatively fast, with imports of passenger cars, healthcare products, dairy products, watches, and jewelry increasing by 15.2%, 36.8%, 20.2%, 29.2%, and 76.6% in the first seven months, respectively. During the same period, the import of bulk resource commodities such as iron ore and coal increased by 20.5% and 26.5% respectively.