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Zhongshan's exports rise 8.4% in first 11 months
2019-12-24

According to statistics from Zhongshan Customs, from January to November this year, Zhongshan's total import and export value stood at 219.3 billion yuan, thus registering a year-on-year growth of 3.1%, of which 177.19 billion yuan was export value, thereby representing a year-on-year growth of 8.4%.

From January to November, Zhongshan's import and export value through general trade reached 108.92 billion yuan, registering a year-on-year growth of 6% and accounting for 49.7% of Zhongshan's total import and export value during the same period. The import and export value through processing trade totaled 94.83 billion yuan, representing a decrease of 10.8% on year-on-year basis, and accounting for 43.2% of Zhongshan's total import and export value during the same period.

The import and export value of foreign-funded companies in Zhongshan stood at 122.66 billion yuan, representing a decrease of 6.4% on year-on-year basis, and accounting for 55.9% of the total value. The import and export value of private enterprises totaled 84.31 billion yuan, thereby representing an increase of 20.5%, and accounting for 38.4% of the total value. The import and export value of state-owned enterprises totaled 12.33 billion yuan, representing an increase of 6.3%, and accounting for 5.6% of the total value.

From January to November, Zhongshan's import and export value to the United States dropped by 4%. Zhongshan's import and export value to the EU, ASEAN, Japan and Hong Kong totaled 39.36 billion yuan, 26.57 billion yuan, 14.16 billion yuan and 21.3 billion yuan respectively, up 15.3%, 5.9% and 1% and down 3.8% respectively.

Zhongshan's import and export value to emerging markets such as Latin America, the Middle East and Africa totaled 15.25 billion yuan, 9.01 billion yuan and 5.15 billion yuan, up by 4.9%, 19.8% and 37.7% respectively.

Trade value between Zhongshan and the countries along the Belt and Road reached 52.59 billion yuan, thus attaining a year-on-year growth of 6.9%.

Mechanical and electrical products were still the main export products, leading the overall export growth. Exports of labor-intensive products (textile and clothing, furniture, footwear, plastic products, toys, luggage, etc) increased by 10.2% year on year.

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