The Total Value of Mianyang's Imports and Exports is 7.51 Billion Yuan in the First Half of 2018, an Increase of 40.5% over the Same Period of Last Year

the import and export volume of foreign trade increases significantly

(Mianyang News) (Reporter: Du Kun, Deng Juan) Recently, our reporter has learned from the Mianyang Customs, that from January to June this year, the total value of foreign trade imports and exports of our city reached 7.51 billion yuan, an increase of 40.5% over the same period last year, and an increase of 24.9% over the overall imports and exports of Sichuan province in the same period.

From the perspective of trade types, general trade accounted for more than 90% of imports and exports, and processing trade increased by 30%. The data show that in the first half of this year, the general trade of our city was up to 6.95 billion yuan, increasing by 42% and accounting for 92.5% of the total value of Mianyang's imports and exports in the same period. The total value of imports and exports produced by processing trade was slightly lower than that of the same period of last year. The import and export value of other trade types was 7.14 million yuan, an increase of 1.2 times.

From the perspective of the nature of enterprises, private enterprises have become the main force of foreign trade. The import and export value for China's private enterprises was 2.86 billion yuan, an increase of 1.9 times and 19.7 percentage points, accounting for 38.1%. For the first time, private enterprises have replaced state-owned enterprises as the main force in foreign trade. In addition, with the deepening of the Belt and Roadinitiative, the import and export of our city and the countries along the line have increased steadily. MianyangĄ¯s trade contacts with the 54 countries are growing with 1.17 billion yuan of the import and export value, increasing by 4% and accounting for 15.6%.

Statistics show that chemical products in our city have been increasing rapidly. Exports value of chemical products is 860 million yuan, an increase of 76.2%, accounting for 29.1% of the export value of Mianyang, and 10.6 percentage points increase of the proportion. The main export commodities are ammonium phosphate crude drug, three chloropyoxyl ethyl acetate, vitamins, herbicides and erucic acid amides etc. In addition, the import of mechanical and electrical products dominates, with the rapid growth of flat panel display devices, and the growth of integrated circuits. Imports of mechanical and electrical products amounted to 4.3 billion yuan, an increase of 91.2%, accounting for 94.5% of Mianyang's import value in the same period and an increase of 11.2 percentage points over the same period last year. The main imported commodities are mechanical equipment, integrated circuits, automatic data processing equipment and components, liquid crystal display boards, radio telephones and communications equipment etc.