On August 14, reporters learned from Yichang Customs that the total value of Yichang's foreign trade imports and exports from January to July was 110.5 billion yuan, an increase of 6.8% compared with the same period last year (the same below), of which the export value was 9.55 billion yuan, an increase of 7.9%, and the import value was 1.5 billion yuan, an increase of 0.3%.
The statistics of Yichang Customs show that from January to July, the import and export value of Yichang’s general trade mode reached 8.67 billion yuan, an increase of 12.3%. In the same period, the import and export value of processing trade was 2.13 billion yuan, a decrease of 14.1%. The value of inbound and outbound goods in bonded regulatory sites was 230 million yuan, an increase of 70.7%.
The trade value of private enterprises accounts for more than half of the total. From January to July, the import and export value of private enterprises in Yichang was 6.01 billion yuan, an increase of 25.6%. The import and export value of state-owned enterprises, however, was 2.82 billion yuan, a decrease of 11.9%. The import and export value of foreign-invested enterprises was 2.2 billion yuan, a decrease of 6.6%.
In terms of the external demand market, the countries along the Belt and Road Initiative are the largest trading partners. From January to July, the top five countries in trade with Yichang are India, the United States, Japan, South Korea, and Indonesia respectively with the corresponding total value of 1.35 billion, 1.23 billion, 790 million, 590 million, and 480 million. In addition, the total trade value of ASEAN was 1.81 billion, an increase of 18.3%; the total trade value to the EU was 1.78 billion yuan, an increase of 43.6%; the total trade value to the countries along the Belt and Road was 4.92 billion yuan, an increase of 7.7%.
The export volume of diammonium hydrogen phosphate ranks the first. From January to July, the exported value of diamine hydrogen phosphate reached 1.79 billion yuan, an increase of 25.6%; the export value of mechanical and electrical products was 1.79 billion yuan (an increase of 7.6%); for agricultural products, the value was 1.27 billion yuan of, an increase of 18.8%; for high-tech products, the value was 1.02 billion yuan, a decrease of 11.4%. (Reporter Pei Shujing; Correspondent Lou Jingwen)