According to statistics released by Fuzhou Customs on the 15th, in the first four months of this year, Fujian Province's foreign trade import and export was 639.43 billion yuan (RMB, the same below), a year-on-year increase of 9.5%. Among them, exports were 379.75 billion yuan, a year-on-year increase of 8.7%; imports were 259.68 billion yuan, a year-on-year increase of 10.7%.
Fujian's imports and exports to ASEAN and the European Union grew at double digits. In the first four months, Fujian's import and export to ASEAN was 144.69 billion yuan, an increase of 19.7%; the import and export to the EU was 79.03 billion yuan, an increase of 11.5%; the import and export to the United States was 78.05 billion yuan, a decrease of 2.5%. The above three together accounted for 47.2% of the total import and export value of Fujian Province during the same period.
During the same period, Fujian’s imports and exports to countries along the “Belt and Road” were 257.37 billion yuan, an increase of 20.5%; imports and exports to RCEP trading partners were 230.2 billion yuan, an increase of 17.5%.
Fujian's exports of mechanical and electrical products and labor-intensive products maintained growth. In the first four months, the export of mechanical and electrical products in Fujian Province was 164.25 billion yuan, an increase of 26%, accounting for 43.3% of the total export value of Fujian Province in the same period. Among them, the export of lithium-ion batteries increased by 159.5%; the export of automatic data processing equipment and its parts increased by 4.9%. The export of labor-intensive products was 109.47 billion yuan, an increase of 2.4%, accounting for 28.8%. During the same period, the export of agricultural products was 25.8 billion yuan, down 6.3%, accounting for 6.8%.
The volume of most imported bulk commodities in Fujian increased and their prices fell. In the first 4 months, the import volume of iron ore, coal, crude oil and copper ore in Fujian Province increased and the price fell. 15%, and the average import price fell by 9.6%, 1.4%, 9.8%, and 5.4% respectively.
