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Anhui's Foreign Trade Volume up 27.2% in Q1

Pub Date:18-04-18 10:45 Source:www.cnanhui.org

Anhui’s total imports and exports were worth 96.81 billion yuan ($15.37 billion) in the first quarter of 2018 (Q1), ranking 7th among China’s highest-growing provinces, local customs authorities said on Monday.

The eastern Chinese province’s foreign trade volume rose 27.2 percent from the same period a year ago, higher than the national average of 17.4 percent, according to the Hefei Customs.

Imports stood at 49.64 billion yuan, up 14.7 percent year on year, while exports increased 43.8 percent to 47.17 billion yuan.

In the Jan-Mar period, hi-tech exports reached 14.35 billion yuan, representing a 48.4 percent year-on-year rise. They made up 28.9 percent of the province’s total exports during the same period, compared to 22.2 percent in 2017.

Laptop exports skyrocketed 180 percent to hit 7.03 billion yuan. Solar cell exports jumped 31.8 percent to 1.79 billion yuan.

Machine imports reached 12.38 billion yuan, up 230 percent from a year earlier. They accounted for 26.2 percent of Anhui’s total imports, higher than last Q1’s 11.7 percent, statistics from the customs office showed.

During the first quarter, the province’s imports and exports transported by air surged 76.4 percent to hit 18.44 billion yuan. Air-transported imports alone reached 12.24 billion yuan, up 120 percent year on year.

Areas under special customs supervision recorded 12.83 billion yuan in foreign trade volume between January and March, representing a year-on-year rise of 90.3 percent and contributing to nearly 30 percent of the provincial total.

There are eight areas under special customs supervision and bonded logistic facilities across the province. Half of them have been in operation since September 2016.


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