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Chongqing Kept Fast Growth in Foreign Trade(Jan. to Jul.)

According to the statistics by Chongqing Administration of Customs, Chongqing has achieved the export and import of USD 5.7 billion in total during this January to July, a y-o-y rise of 45% and 18.6 percentage points higher than the national rise.
Table 1   Amount and Rise in Export and Import (Jan.-Jul.)
Item
Amount (in USD billions)
Y-o-Y Rise (%)
Export
3.37
41.6%
Import
2.33
50%
 
 
The import and export during January to July was characterized as:
1.Major export kept favorable growth.
Table 2  Major Export, Jan.-Jul.
Item
Amount (in USD millions)
Y-o-Y Rise (%)
Quantity
Y-o-Y Rise (%)
Electro-mechanical products:
2,330
46.6
-
-
Motorcycles
790
39.8
2,212,000
32.7
Automobiles
180
130
34,000
89.9
Motorcycle engines
180
140
1,814,000
120
Motorcycle & bicycle
components
100
68.7
-
-
Textile yarns, fabric and textile products
180
58.6
-
-
Agricultural products
100
42.4
-
-
Aluminum products
120
20.4
-
-
 
2. Proportion of imported primary products rose. The proportion of primary products imported by Chongqing reached 20.6%, higher than 16.7% in the last year. Please see Table 3 for details.
Table 3  Import, Jan.-Jul.
Item
Amount (in USD millions)
Y-o-Y Rise (%)
Primary products
480
93.6
Industrial products:
1,850
41
Chemicals
110
83
Products classified
by raw materials
280
56.6
Mechanical & transport
equipments
1,300
36.5
Miscellaneous
160
34
 
3.Rise of import was faster than that of export in general trade and the processing trade rose remarkably.
Table 4  Comparison between Several Sectors, Jan.-Jul.
Item
Amount (in USD millions)
Y-o-Y Rise (%)
General trade:
4,860
46.5
Export
3,030
43.8
Import
1,830
51.2
Processing trade
410
50.6
Equipment imported by foreign-invested enterprises
310
24.4
Goods into and out of bonded warehouse
110
14.2
 
4.The value of waterway-transported goods ranked the first and that of air-transported goods rose faster.
Table 5  Value of Goods Transported via Various Ways, Jan.-Jul.
Item
Amount (in USD millions)
Y-o-Y Rise
Proportion to Total Value (%)
Waterway
4,900
44.2
85.9
Air
480
59.2
8.4
Road
220
29.5
3.8
Railway
100
36.6
1.8
 
5. Yangshan and Waigang were the important customs for entry and exit. The places of entry for Chongqing's import were Yangshan, Waigang, Nantong, Wusong, Chongqing Airport, Shanghai Pudong Airport, and the value of such goods that entered China through those customs accounted for 81% of Chongqing's total import value (52.7% of the above mentioned goods entered China through Yangshan and Waigang Customs). 84.5% of Chongqing's imported goods cleared customs in Chongqing. The places of exit for Chongqing's exported goods were Waigang, Yangshan, Wusong, Beilun, Pingxiang, Shekou, and the value of such goods that leaved China from those ports accounted for 79.5% of Chongqing's total export value (65.3% of the above mentioned goods leaved China through Yangshan and Waigang Customs). 55.9% of Chongqing's exported goods cleared customs in Chongqing.
   

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