SOURCE PRODUCTS

HOME >> INDUSTRY NEWS >> Three major trading partners in foreign trade turn good size Nanfang Daily

Three major trading partners in foreign trade turn good size Nanfang Daily

Published:2013-12-26 03:23:29 Source: Views:1377

Three major trading partners in foreign trade turn good size

Nanfang Daily (Reporter / Wu Xiaofang) from January to November, Foshan City, successfully reversing the downward trend of imports and exports, decreased by 4.5% in January-October increased by 1.4% into the situation further improved. According to latest customs statistics, 1-November Foshan import and export value of 351.96 billion yuan (equivalent to 56.66 billion U.S. dollars), accounting for 5.7% over the same period the total value of foreign trade in Guangdong Province.

January-November exports of which have been reduced by 2% year on year to an increase of 3.5%; imports narrowed sharply year on year decline to 2.7%. Single November Foshan export and import have increased significantly, an increase of 70.6 percent and 66.6 percent, indicating the measures to promote the steady growth of foreign trade has achieved good results. For the full year is expected in 2013, Foshan City, is expected to achieve a slight increase in foreign trade.

Foreign trade growth is largely due to reduced twisting single import and export growth accelerated in November, the single-November, Foshan City, import and export value 46.33 billion yuan (equivalent to 7.54 billion U.S. dollars), import and export scale larger than a single in October to 53.1 billion, an increase by a single increase of 18.9% in October to expand to an increase of 69.1% over the same period the province's imports and exports grew 10.6 percent year on year.

January-November, foreign-invested enterprises in Foshan and export decline narrowed, import and export of state-owned enterprises to maintain growth, the private sector reduced turn up. Among them, one in November, Foshan City, foreign-invested enterprises and export growth of 5.6 percent, the private sector and export growth doubled. State-owned enterprises and export growth of 7.2%.

The main markets of foreign trade, 1-2 November, Foshan City, the largest trading partner of Hong Kong's imports and exports fell sharply narrowed from January to October fell 23.7% to 10% decrease; on the EU's second largest trading partner and export decline decreased by 4.9% in January-October narrowed to decline 3.2%; against third largest trading partner and export growth in the U.S. expanded, expanded from 2.3% growth in January-October to 4.8 percent; Japan fell by a 1-10 months of decline narrowed to 9.9% of 11.1%; emerging markets surge 25.8 percent to Africa, the Middle East and ASEAN increased by more than 10%, a slight decrease for South America. Exports to Japan, South America and the EU exports fell for China Taiwan, Africa, the Middle East, ASEAN, China, Hong Kong and U.S. export growth; imports from Hong Kong's imports fell by more than 50%, the EU, Japan and China Taiwan decline more than 10% from the Middle East, Africa and the United States imports were up 47.4%, 33.3% and 28.9%.

January to November, electromechanical products and high-tech products export decline, mainly labor-intensive products exports was good. Foshan Electrical and Mechanical products exported 21.29 billion U.S. dollars, narrowed from January to October fell 3.5% to a decline of 2%, accounting for 56.1% of total exports in Foshan City. Single-November, Foshan export of electromechanical products $ 1.94 billion, up 23%; tech products export $ 310 million, an increase of 4.6%; ceramic products $ 300 million, an increase of 22.1%.

From January to November, Foshan City, the main export of labor-intensive products to maintain good growth momentum, which, furniture and parts exports $ 2.01 billion, an increase of 9.8%; clothing and accessories exports $ 1.89 billion, an increase of 15.3%; textile yarn, fabrics and products exported 1.2 billion U.S. dollars, an increase of 3.7%.

On imports, imports of machinery and electronic products and high-tech products remained sluggish performance. From January to November, imports of machinery and electronic products, Foshan $ 5.89 billion, down 14.9%. High-tech products imported $ 3.5 billion, down 17.8% from January to October than the decline in expanded 0.3 percentage points. Imports of agricultural products (000061, stock it) $ 580 million, down 29.2%.