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Foreign trade of China's Shaanxi at record high in 2020

January 28, 2021


Abstract : Northwest China's Shaanxi Province saw its foreign trade grow by 7.3 percent year on year to a record high of 377.21 billion yuan (about 58.39 billion U.S. dollars) in 2020, despite the COVID-19 pandemic, local customs authorities said Wednesday.

XI'AN, Jan. 27 (Xinhua) -- Northwest China's Shaanxi Province saw its foreign trade grow by 7.3 percent year on year to a record high of 377.21 billion yuan (about 58.39 billion U.S. dollars) in 2020, despite the COVID-19 pandemic, local customs authorities said Wednesday.

Shaanxi's exports hit 192.96 billion yuan, up 3 percent year on year, while imports totaled 184.25 billion yuan, an annual increase of 12.2 percent, according to the customs of Xi'an, the provincial capital.

The province saw a significant rise in imports of major commodities and key agricultural products last year. Its import volume of crude oil surged 60.5 percent year on year, while soybean imports registered a solid annual growth of 33.2 percent.

Xi'an Customs said it has been streamlining customs clearance to promote trade growth while implementing stringent epidemic prevention and control measures.  Enditem

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Keyword: foreign trade

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