In the first 11 months of this year, Guangdong's imports and exports increased by 10% year-on-year

2024-12-16

According to statistics from the Guangdong Branch of the General Administration of Customs, in the first 11 months of this year, Guangdong's foreign trade imports and exports amounted to 8.27 trillion yuan, a year-on-year increase of 10%, 5.1 percentage points faster than the national growth rate, accounting for 20.8% of the country's total import and export value. Among them, exports amounted to 5.37 trillion yuan, an increase of 8.7%; Imports amounted to 2.9 trillion yuan, an increase of 12.6%. With the gradual recovery of external demand and the continuous efforts of domestic policies to stabilize foreign trade, the stable and positive development trend of Guangdong's foreign trade will be continuously consolidated, and it is expected to maintain steady growth throughout the year. According to statistics from the Guangdong Branch of the General Administration of Customs, the import and export of private enterprises have grown rapidly. In the first 11 months of this year, the main trade modes in Guangdong have maintained growth: the import and export of general trade mode reached 4.81 trillion yuan, an increase of 11.2%, accounting for 58.2% of Guangdong's total import and export value; The import and export of processing trade amounted to 1.77 trillion yuan, an increase of 0.1%, accounting for 21.4%; The import and export of bonded logistics reached 1.61 trillion yuan, an increase of 22.6%, accounting for 19.4%. Among them, private enterprises have grown rapidly. In the first 11 months, the import and export of private enterprises in Guangdong reached 5.27 trillion yuan, an increase of 15.8%, which was 5.8 percentage points faster than the overall import and export growth rate of Guangdong, accounting for 63.7% of the total import and export value of Guangdong. During the same period, the import and export of foreign-invested enterprises reached 2.58 trillion yuan, an increase of 1.3%, accounting for 31.2%; The import and export of state-owned enterprises reached 406.23 billion yuan, a decrease of 1%, accounting for 4.9%. In addition, positive growth has been achieved for major trading partners such as ASEAN, Hong Kong, and the United States. In the first 11 months, the top five trading partners of Guangdong were ASEAN, Hong Kong, the United States, the European Union and Taiwan, China, with imports and exports to them increasing by 8.2%, 11.4%, 6.9%, 6.5% and 17.2% respectively, accounting for 15.9%, 12.5%, 11.9%, 11.4% and 8.2% of Guangdong's total import and export value. Over the same period, the total import and export to countries jointly building the "the Belt and Road" totaled 3 trillion yuan, an increase of 8.8%, accounting for 36.3%. The proportion of exports of mechanical and electrical products exceeds 60%. The author also noticed that the export of mechanical and electrical products continues to be hot. In the first 11 months, Guangdong exported 3.52 trillion yuan worth of mechanical and electrical products, an increase of 8.9%, accounting for 65.6% of the total export value. Among them, the main export commodities such as automatic data processing equipment and its components, household appliances, and integrated circuits increased by 14.7%, 14.9%, and 17% respectively; Containers, ships, electric vehicles, and other industries have grown rapidly, increasing by 142.8%, 42.4%, and 39.8% respectively. In addition, the export of labor-intensive products has shifted from a decrease to an increase. The export of labor-intensive products amounted to 736.17 billion yuan, with a decrease of 0.2% in the first 10 months and an increase of 0.6%, accounting for 13.7%. The import demand for important production equipment and raw materials such as integrated circuits, semiconductor manufacturing equipment, coal and crude oil is strong. In the first 11 months, Guangdong imported 1.93 trillion yuan worth of mechanical and electrical products, an increase of 18.1%, accounting for 66.5% of Guangdong's total import value. Among them, imported integrated circuits amounted to 1.01 trillion yuan, an increase of 15.1%, accounting for 34.9%; Automatic data processing equipment and its components amounted to 261.23 billion yuan, an increase of 128.5%; Semiconductor manufacturing equipment reached 46.73 billion yuan, an increase of 50%. During the same period, the total import of three types of energy products including coal, crude oil, and natural gas was 93.452 million tons, an increase of 27.4%; Imported 12.485 million tons of grain, an increase of 25.3%. (New Society)

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:southcn.com

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