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BackDalian’s total foreign trade import and export value in the first eight months was 330.17 billion yuan, a year-on-year increase of 5.8%
Dalian’s total foreign trade import and export value in the first eight months was 330.17 billion yuan, a year-on-year increase of 5.8%
Developing
中国新闻网56 minutes agoBusiness2 min readChinaView original

Dalian’s total foreign trade import and export value in the first eight months was 330.17 billion yuan, a year-on-year increase of 5.8%

Dalianforeign tradeImport and export

Quick Look

  • Dalian Customs data shows that in the first eight months of this year, Dalian achieved a total foreign trade import and export value of 330.17 billion yuan, a year-on-year increase of 5.8%, a record high for the same period in history.
  • Export growth momentum was strong, reaching 192.94 billion yuan, an increase of 18%.
  • Processing trade increased by nearly 50%, imports and exports to ASEAN, the EU and emerging markets all achieved double-digit growth, ship exports increased by 189.7%, and exports of specialty agricultural products increased significantly.

AI-generated summary

Why It Matters

As an important port city in Liaoning Province, Dalian’s total foreign trade value accounts for 62.6% of Liaoning Province. In recent years, Dalian has actively promoted its trade diversification strategy, focusing on the development of shipbuilding and the export of specialty agricultural products.

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China News Service, Dalian, September 16 (Reporter Yang Yi) Dalian Customs announced on the 16th that according to customs statistics, in the first eight months of this year, Dalian achieved a total foreign trade import and export value of 330.17 billion yuan, a year-on-year increase of 5.8%, a record high for the same period in history, and the foreign trade scale accounted for 62.6% of Liaoning Province. Among them, export growth momentum was strong, with exports reaching 192.94 billion yuan, an increase of 18%, and the growth rate was higher than the national average.

Among them, processing trade increased by nearly 50%. The import and export volume of processing trade amounted to 109.99 billion yuan, an increase of 47.2%, accounting for 33.3% of the city's total import and export value in the same period (the same below). In addition, imports and exports through general trade amounted to 154.06 billion yuan, and imports and exports through bonded logistics amounted to 63.49 billion yuan.

Diversified markets continue to develop, and the resilience of foreign trade growth is highlighted. Dalian's import and export to ASEAN was 76.16 billion yuan, an increase of 21.4%, accounting for 23.1%. Imports and exports to the EU were 39.54 billion yuan, an increase of 20.5%, accounting for 12%. During the same period, imports and exports to emerging markets such as Africa and Latin America were 22.7 billion and 16.75 billion yuan respectively, an increase of 166.6% and 30.3% respectively, accounting for 6.9% and 5.1% respectively. In addition, imports and exports to countries jointly building the “Belt and Road” reached 193.65 billion yuan, an increase of 8.3%.

The shipbuilding industry leads the way, and specialty agricultural products are sailing to the sea. Dalian exported 43.18 billion yuan of ships, an increase of 189.7%, driving the city's export growth by 17.3 percentage points, accounting for 22.4%. The export of specialty agricultural products has shown significant growth, with exports of agricultural products totaling 17.16 billion yuan, an increase of 16.2%, accounting for 8.9%, and selling well in 165 countries and regions around the world. Among them, the export of aquatic products was 10.95 billion yuan, an increase of 24.3%. (over)

What to Watch

AI outlook — possibilities, not facts

  • Dalian’s annual foreign trade import and export value is expected to exceed 500 billion yuan

    Likely · Within months

Open Questions

  • Which ship orders specifically drive export growth?
  • Which categories of specialty agricultural products are growing fastest?
  • Does the growth of processing trade mainly come from the electronic information industry?

Related Topics

Dalian
PeopleYang Yi
OrganizationsDalian Customschinanews.com
PlacesDalian CityLiaoning ProvinceASEANEuropean Union
Topicsforeign tradeImport and exportProcessing tradeshipagricultural productsASEAN
This article was originally published by 中国新闻网.

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