Huai'an China News and Events
Foreign Trade in Huai’an Continues to Develop Well
time:2018-08-23
Since this year, the industrial structure of foreign trade in Huai’an has been continuously optimized, the production capacity of enterprises such as Qingding Electronics has been continuously improved, and the imported equipments of enterprises such as Dehuai and Advanced Memory have been put in place successively, injecting new energy into the development of foreign trade and driving the sustainable development of import and export in Huai’an. According to the statistics of the customs, the total value of imports and exports in the city from January to  July, 2018 was 18.52 billion yuan, an increase of 18.2 percent year on year, of which exports reached 12.12 billion yuan, up 4.3 percent year on year, and imports totaled 6.4 billion yuan, up 58.1 percent year on year. The growth of foreign trade ranked the third in the province.
From the perspective of trade country, from January to July, the city’s import and export to the United States, European Union and ASEAN reached 3.84 billion yuan, 3.29 billion yuan and 2.27 billion yuan respectively, rising by 23.6 percent, 5.7 percent and 18.7 percent year on year, accounting for 50.8 percent of the total import and export value of Huai’an in the same period. In addition, imports and exports to Taiwan totaled 1.26 billion yuan, up 30 percent year on year.
From the perspective of import and export commodities, the import and export of traditional competitive industries in Huai’an is relatively stable. Exports of mechanical and electrical products reached 4.18 billion yuan, up 11.3 percent year on year, and exports of textile, yarn and clothing were 2.93 billion yuan, both of which accounting for 58.7 percent of the total export value of Huai’an in the same period. In addition, exports of rubber tires were 1.22 billion yuan, up 0.6 percent year on year. Exports of pharmaceuticals reached 120 million yuan, growing by 1.4 folds year on year. Driven by the processing trade of Qingding Electronics, imports of mechanical and electrical products reached 4.44 billion yuan from January to July, up 96.1 percent year on year, accounting for 69.4 percent of the total import value in the same period.
From the perspective of enterprises, from January to July, there were 831 import and export enterprises with real achievements in the city, increasing by 76 over the same period a year earlier, with an increase of 10.1 percent. Among them, 8 have an import and export scale of over 500 million yuan, and 25 have an import and export scale of over 100 million yuan. The imports and exports of entity productive enterprises reached 16.4 billion RMB, up 22.6 percent year on year, accounting for 88.6 percent of the total import and export value. The real economy has become the main driving force to stimulate the rapid development of foreign trade in Huai’an.