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Port imports and exports increased by 24% in the first quarter, Tianjin's foreign trade rebound

2023-05-23 16:00550

In the first quarter of this year, the total import and export value of Tianjin was 188.57 billion yuan. Among them, exports were 84.35 billion yuan and imports were 104.22 billion yuan. The total import and export value of Tianjin Port was 498.06 billion yuan, with a growth rate of 24%, leading the country in growth rate.

Liu Xintong, deputy head of Tianjin Customs, introduced that in the first quarter, Tianjin's foreign trade import and export showed four characteristics: first, the monthly import and export stabilized and rose sharply in March; Five major trading partners; third, general trade is the main trade mode, and bonded logistics is growing rapidly; fourth, the export of mechanical and electrical products such as integrated circuits, aircraft, and general machinery equipment is growing rapidly, and the import of automobiles, aircraft and other commodities ranks among the top in the country. In terms of exports, the exports of electromechanical products such as integrated circuits, aircraft, and general mechanical equipment were 4.3 billion yuan, 3.74 billion yuan, and 2.18 billion yuan, respectively, an increase of 14%, 355.3%, and 13.4%, which together increased the overall growth rate of Tianjin’s exports by 4.2%. percentage point. The role of agricultural products in stimulating exports was further revealed, with exports reaching 2.52 billion yuan, an increase of 60.1%.

In the first quarter, mechanical and electrical products such as auto parts, automobiles, and bicycles at Tianjin Port played a prominent role in stimulating export growth, and imported commodities such as soybeans, iron ore, and crude oil performed well. The emerging trade formats at Tianjin Port have developed rapidly, and new formats such as bonded leasing business, bonded display transactions, and cross-border e-commerce exports have grown rapidly.

Tianjin's foreign trade report card is inseparable from the innovation efforts of various relevant departments. Since Tianjin Pilot Free Trade Zone was officially launched for 8 years, Tianjin Customs has introduced a total of 178 innovative institutional measures in the fields of "decentralization, regulation and service" reform, trade facilitation, Beijing-Tianjin-Hebei coordinated development, and new economy cultivation. National replication and promotion accounted for 32% of the total replication and promotion in Tianjin Pilot Free Trade Zone and 17% of the customs system. Among them, 9 innovative measures such as "customs supervision of large-scale financial leasing equipment in different places" are the first in the country.


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