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Anhui Province's foreign trade achieves a 'flying start'

Pub Date:2024-03-12 16:20 Source:english.anhuinews.com

In the first two months of 2024, the total volume of goods traded in and out of Anhui Province reached a historic high for the same period, reaching 122.51 billion yuan, with a growth rate of 12.8%. This growth rate surpassed the national average by 4.1 percentage points, placing Anhui's import and export value at the 9th position nationwide and 1st in the central region. The exports amounted to 81.46 billion yuan, exhibiting a growth rate of 17.5%, surpassing the national average by 7.2 percentage points and ranking 9th nationally and 1st in the central region.

In the first two months, the province achieved positive growth in trade with all major trading partners. The trade volume with countries participating in the "Belt and Road" initiative reached 63.05 billion yuan, an increase of 14%, accounting for 51.5% of the total import and export volume in the same period, and surpassing the national average by 4.1 percentage points. Trade with other RCEP member countries amounted to 29.37 billion yuan, marking a growth of 10.4%. Trade with the European Union, ASEAN, the United States, Russia, and Japan increased by 1.4%, 9.4%, 9.8%, 51.4%, and 13.5%, respectively.

In the first two months, Anhui Province's exports of electromechanical products amounted to 57.84 billion yuan, with a remarkable growth of 24%, constituting 71% of the total export value and surpassing the national average by 11.9 percentage points. Notably, the export of automobiles and parts reached 18.3 billion yuan, exhibiting a substantial growth of 60.4%, while the export of household appliances amounted to 5.89 billion yuan, showing a growth of 16.7%.

During the first two months, both state-owned, private, and foreign-invested enterprises in Anhui Province experienced growth in import and export. Among them, private enterprises achieved a total import and export value of 63.51 billion yuan, with a growth rate of 22.2%, surpassing the provincial average growth rate by 9.4 percentage points and constituting 51.8% of the total import and export volume.


Source: anhuinews.com

Editor:Zheng Chen

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