Setting a new historical high for the same period, the total import and export value of Shanghai in the first 8 months of this year was 2.79 trillion yuan
According to statistics from Shanghai Customs, the total import and export value of Shanghai in the first eight months of this year was RMB 2.79 trillion, an increase of 3.6% compared to the same period last year and 8.4% compared to the same period in 2021, setting a new historical high for the same period. Among them, exports reached 1.14 trillion yuan, an increase of 4.9%; Imports reached 1.65 trillion yuan, an increase of 2.8%.
In the first 8 months, the import and export growth rate of domestic enterprises was relatively fast, with 54000 foreign trade enterprises in Shanghai achieving import and export performance, an increase of 5.7%. Among them, the import and export of private enterprises reached 859.75 billion yuan, an increase of 9.6%, accounting for 30.8% of the total import and export value of the city; The import and export of state-owned enterprises reached 277.81 billion yuan, an increase of 9.7%, accounting for 10%. The import and export of foreign-invested enterprises reached 1.65 trillion yuan, a decrease of 0.3%, accounting for 59.1%.
Bonded logistics has strong import and export vitality. In the first 8 months, Shanghai's general trade import and export amounted to 1.67 trillion yuan, an increase of 2.9%, accounting for 59.7% of the city's total import and export value. During the same period, the import and export through bonded logistics amounted to 720.37 billion yuan, an increase of 19.3%, which was 15.7 percentage points higher than the overall growth rate, accounting for 25.8%; The import and export through processing trade amounted to 384.59 billion yuan, a decrease of 14.8%, accounting for 13.8%.
The growth in imports and exports to the largest trading partner, the European Union, is good, while imports and exports to other BRICS countries have achieved double-digit growth. In the first 8 months, Shanghai's import and export to the European Union amounted to 570.78 billion yuan, an increase of 7.1%, which is 3.5 percentage points higher than the overall growth rate, accounting for 20.4% of the city's total import and export value. During the same period, imports and exports to ASEAN and the United States were 354.99 billion yuan and 319.2 billion yuan, respectively, a decrease of 2.7% and 5.2%; The import and export to Japan and Australia were 257.86 billion yuan and 153.48 billion yuan respectively, an increase of 2.5% and 26.5%. In addition, imports and exports to other RCEP member countries increased by 1.8%, accounting for 32.7%; The import and export growth of other BRICS countries exceeded double digits, reaching 12.1%, accounting for 7.2%.
The "new three types" have effectively driven export growth, and the export performance of high value-added goods such as integrated circuits and ships is impressive. In the first 8 months, Shanghai's export of mechanical and electrical products reached 786.75 billion yuan, an increase of 8.6%, accounting for 69.1% of the city's total export value. Among them, the exports of "new three types" such as electric passenger vehicles, lithium batteries, and solar cells increased by 98%, 90%, and 30% respectively, driving the overall export growth rate by 5.1 percentage points; The export of integrated circuits increased by 15.7%, and the export of ships increased by 39.3%.
![Setting a new historical high for the same period, the total import and export value of Shanghai in the first 8 months of this year was 2.79 trillion yuan](https://a5qu.com/upload/images/414774692a60e1903d16449f0924ab17.jpg)
The function of the largest distribution center for imported consumer goods has been enhanced, and the supply of imported bulk resource commodities has steadily increased. In the first 8 months, Shanghai imported consumer goods worth 376.47 billion yuan, an increase of 10.4%, accounting for 22.8% of the total import value of the city, and the proportion increased by 1.6 percentage points. Among them, the import of dried and fresh fruits and nuts, edible oil, medical and health products, jewelry, and watches increased by 15.2%, 34.1%, 30.7%, 60.6%, and 23.1%, respectively. During the same period, imports of bulk resource commodities such as iron ore, coal, and natural gas increased by 17.3%, 20.8%, and 8.1%, respectively.
Text: Chen Shuo
Official WeChat from Pudong