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Trade

NW. China province sees rising trade with Belt and Road countries in Jan-April 

May 28, 2020


Abstract : Northwest China's Shaanxi Province saw its trade with the countries along the Belt and Road routes stand at 20.33 billion yuan (about 2.84 billion U.S. dollars) in the first four months of the year, an increase of 36.8 percent, according to Xi'an Customs. 

BEIJING, May 28 (Xinhua) -- Northwest China's Shaanxi Province saw its trade with the countries along the Belt and Road routes stand at 20.33 billion yuan (about 2.84 billion U.S. dollars) in the first four months of the year, an increase of 36.8 percent; accounting for 17.2 percent of the province's total import and export value, according to Xi'an Customs.

From January to April, the total value of Shaanxi's imports and exports was 118.5 billion yuan, a year-on-year increase of 3.3 percent, and 8.2 percentage points higher than the overall growth rate of the country’s foreign trade.

To be specific, Shaanxi's trade with the Association of Southeast Asian Nations (ASEAN) amounted to 13.59 billion yuan during the period, a year-on-year increase of 68.4 percent.

The following table shows the trade between Shaanxi Province and the ASEAN in the first four months.

Trade categoryValue (RMB)Change on year (pct)
Processing trade7.2 billionUp 65.5
General trade3.35 billionUp 20.9



ASEAN Countries Value (RMB)Change on year (pct)
Singapore6.64 billionUp 160
Malaysia950 millionUp 56.3
Indonesia820 millionUp 250



Shaanxi's exportsValue (RMB)Change on year (pct)
Mechanical and electrical products8.59 billionUp 45.7
Apple100 millionUp 57.5
Pear60 millionUp 130



Shaanxi's importsValue (RMB)Change on year (pct)
Coal
520 million---

(Edited by Hu Pingchao with Xinhua Silk Road, hupingchao@xinhua.org)

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Keyword: foreign trade Belt and Road Shaanxi Province

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