Huai'an China News
Total Value of Imports and Exports in Huai'an from January to November Reaches RMB 50.01 billion
time:2024-12-19

From January to November this year, the total import and export value of Huai'an was RMB 50.01 billion, marking a year-on-year increase of 17.3%. Among them, exports reached RMB 39.54 billion, up 26.2%.

The market of advantageous products is stable. From January to November, the export value of mechanical and electrical products in Huai'an reached RMB 23.77 billion, up 45.8%. Among them, the export value of traditional advantageous products such as auto parts, batteries and printed circuits was RMB 4.12 billion, RMB 1.47 billion and RMB 1.42 billion, up 3.7%, 18.4% and 71.4% respectively. The export of labor-intensive products was RMB 7.26 billion, which was basically the same as that in the same period last year. Among them, the exports of textile and garment and plastic products were RMB 4.1 billion and RMB 1.35 billion, up 0.6% and 23.3% respectively. In addition, the export value of steel was RMB 780 million, marking an increase of 62.1%; and that of food was RMB 400 million, up 27.6%. In terms of imports, the capacity expansion of key enterprises drove the import of electronic components to reach RMB 2.94 billion, up 13.4%. The construction of the project promoted the import of machine tools to reach RMB 510 million, up 32.5%.

Diversified trade partners have made progress together. From January to November, Huai'an's imports and exports with major markets such as ASEAN and the EU reached RMB 9.52 billion and RMB 9.45 billion, up 36.9% and 29.7% respectively. The imports and exports with Latin America, India, the Middle East and other emerging markets were RMB 4.51 billion, RMB 2.87 billion and RMB 2.25 billion, up 31%, 45.8% and 22.7% respectively. The import and export value with countries along the Belt and Road reached RMB 24.15 billion, up 29.2%.

The number of business entities has grown steadily. From January to November, there were 1,388 foreign trade enterprises with actual import and export performance in Huai'an City, marking an increase of 12.1% year-on-year. Among them, the import and export value of private enterprises was RMB 36.29 billion, up 21.9%, accounting for 72.6% of the total. In addition, the import and export value of foreign-invested enterprises was RMB 12.92 billion, up 5.9%; that of state-owned enterprises was RMB 790 million, up 21.6%.