In the January-February period, the total value of foreign trade import and export of Yichang was 5.1 billion, with a year-on-year increase of 69.9%, ranking first in the province.

　　On March 16, the reporter learned from Yichang Customs that in the January-February period, the city’s foreign trade import and export value reached 5.1 billion yuan (the same below), a year-on-year increase of 69.9%. The growth rate ranks first among all cities and states in the province, 0.4 % higher than that of the whole province. Among them, the value of exports were 4.62 billion yuan, an increase of 80.2%; imports reached 480 million yuan, an increase of 9.8%, according to Three Gorges Daily.

　　The general trade mode dominates, with import and export of 4.15 billion yuan, an increase of 78.6%, accounting for 81.3% of the city’s total import and export value (the same below) during the same period. In the same period, the other three modes are the import and export of processing trade, the import and export of bonded logistics, and the export of market procurement trade. The value of them are 500 million yuan, 380 million yuan and 60 million yuan respectively.

　　Private enterprises are the main force of import and export, with import and export of 2.83 billion yuan, an increase of 64.8%, accounting for 55.5%. The import and export of foreign-invested enterprises reached 1.26 billion yuan, an increase of 137.5%; the import and export of state-owned enterprises was 1.01 billion yuan, growing by 34%.

　　The top three trading partners of Yichang are ASEAN, Brazil and the United States. Among them, imports and exports to Brazil increased by 345.8%. Imports and exports to countries along the “Belt and Road” increased by 89.6%, of which, imports and exports to India increased by 571.2%. Imports and exports to RCEP member countries increased by69.8%.In addition, with the deepening of economic and trade cooperation in emerging markets, Yichang’s imports and exports to Latin America and Africa increased by 192.2% and 19.9% respectively.

　　In terms of export products, high-tech products and basic organic chemicals surged by 152.2% and 262.8% respectively, achieving substantial growth; Exports of agricultural products and labor-intensive products grew by 8.7% and 50.2%. In terms of imported products, mechanical and electrical products increased by 42.3% and consumer goods increased by 3.4%.

　　The import and export of Yichang Comprehensive Bonded Zone reached 630 million yuan, a significant increase of 223.4 times. Among them, the export was 520 million yuan, posting a remarkable increase of 185.5 times, and the import a 110 million yuan with a dramatic increase of 3550.2 times.