Deyang Achieves A Total Import and Export Value of RMB5.95 Billion in the First Half of 2019, with Growth Rate of 11.7%, Ranking Third in the Province

The source from Deyang Customs shows that in the first half of this year, Deyang achieves a total import and export value of RMB5.95 billion, an increase of 11.7% over the same period of last year, ranking the third in the province. The total value of imports is RMB1.5 billion, a decrease of 0.4%, and that of exports is RMB4.45 billion, up by 16.5%.

In the first half of this year, 246 companies in Deyang have traded with 134 countries or regions, and the import and export commodities involve 1,354 tax numbers. In a rapid growth, the export shows the following characteristics: more than 80% are general trade; private enterprises and foreign-investment enterprises are the main force of foreign trade; the main exporter are Sichuan Longmang Titanium Industry Co., Ltd. and Sichuan Honghua Petroleum Equipment Co., Ltd., and the main importer are Yihai (Guanghan) Grain and Oil Feed Co., Ltd. and Dongfang Electric Group Dongfang Steam Turbine Co., Ltd.; EU is the largest export trading partner, and Brazil is the largest import trading country; mechanical and electrical products, titanium dioxide and fertilizer are the main export commodities, and soybean, mechanical and electrical products as well as nickel ore are the main imports.

Moreover, in this period, Deyang’s import and export value with countries along the Silk Road Economic Belt and the 21st Century Maritime Silk Road (hereinafter referred to as countries along the Belt and Road) reached RMB2.66 billion, an increase of 25% over the same period of last year, accounting for 44.6% of the total foreign trade value. Among them, in the first half of the year, the value of export with countries along the Belt and Road are RMB2.37 billion, up by 26.5%; that of import from these countries are RMB290 million, rising by 13.8%; the trade surplus is RMB2.07 billion, an growth of 28.5%. (Reporter: Yao Jinbang, Zhao Chaoyue)

 

 

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