On September 15, it’s learned from the Yichang Customs that the total import and export value in Yichang’s foreign trade from January to August was 13.3 billion yuan, 3.8% higher than the same period last year, with an export value of 11.64 billion yuan, up 4.9%, and import value of 1.69 billion yuan, down 3.2%.

　　In the first 8 months, the city’s foreign trade was dominated by general trade, with a total value of 10.57 billion yuan, up 6.1%, accounting for 79.3% of the total. Its imports and exports through processing trade totaled 2.43 billion yuan, down 9.9%. In addition, its import and export by way of both the entry and departure of goods through bonded supervision sites reached a value of 320 million yuan, up by 86.1%.

　　Private enterprises contributed more than half of the value. From January to August, the import and export of private enterprises in the city reached 7.59 billion yuan, up 19.3%, accounting for 56.9% of the total. And the imports and exports of foreign-invested enterprises had a worth of 2.49 billion yuan, down 5.6%, accounting for 18.7%.

　　The United States remains the largest trading partner of the city. From January to August, the city’s top three trading partners are the United States, India and Japan. In addition, its trade with Singapore, Bangladesh etc. has been growing geometrically, and that with countries along the “the Belt and Road Initiative” route, the EU and ASEAN is also increasing rapidly.

　　According to the statistics by Yichang Customs, the city’s exports are mainly mechanical and electrical, agricultural and high-tech products. In terms of individual commodity, diamine hydrogen phosphate ranks first, with a total export value of 2.04 billion yuan, up by 10.2%. (Reporter: Pei ShuJing; Correspondent: Sun Furong)