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Zhongshan's import-export trade up 10.4% YoY in Q1-Q3
Updated: 2024-11-04    Source: Zhongshan Daily Large Medium Small Print

In the first three quarters of this year, Zhongshan's foreign trade totaled 211.93 billion yuan, with a year-on-year increase of 10.4% (the same below). The city's exports reached 185.84 billion yuan, up 13%, and imports amounted to 26.09 billion yuan, down 5.2%.

The imports and exports by general trade stood at 136.04 billion yuan, up 16.2%, accounting for 64.2% of the total imports and exports in the same period (the same below). The imports and exports by processing trade amounted to 66.84 billion yuan, down 1.1%, accounting for 31.5% of the total. The exports by market procurement trade reached 5.77 billion yuan, up 29.7%.

The imports and exports of private enterprises reached rose 14.4% to 100.97 billion yuan, accounting for 47.6%; that of foreign-invested enterprises amounted to 96.73 billion yuan, up 6.9%, accounting for 45.6%; and that of state-owned enterprises grew by 16.1% to 14.22 billion yuan, accounting for 6.7%.

Zhongshan's imports and exports with the United States, the EU, ASEAN, and China's Taiwan region increased by 10.1%, 17.1%, 13.5% and 7% respectively to 37.79 billion yuan, 35.19 billion yuan, 24.36 billion yuan and 9.36 billion yuan, and the imports and exports with China's Hong Kong region decreased by 14.2% to 11.55 billion yuan.

During the same period, Zhongshan's imports and exports with the Belt and Road co-construction countries stood at 81.65 billion yuan, up 17.5%. The city's imports and exports with Latin America, the Middle East and Russia were 21.64 billion yuan, 14.62 billion yuan and 5.83 billion yuan, up 36.7%, 14.2% and 15.2%, respectively.

The exports of mechanical and electrical products grew by 16% to 147.7 billion yuan, accounting for 79.5% of the total exports in the same period (the same below). Specifically, the exports of household appliances reached 49.46 billion yuan, up 22.3%; that of lighting fixtures and parts amounted to 12.78 billion yuan, up 7.5%; and that of general machinery and equipment stood at 10.57 billion yuan, up 29.3%.

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