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Agricultural Development Bank of China
Trade

China's Shanxi sees foreign trade rise 93.7 pct in Jan-July

August 20, 2021


Abstract : Taiyuan Customs on Friday said that the imports and exports of north China's Shanxi Province totalled 133.57 billion yuan (about 20.54 billion U.S. dollars) from January to July this year, up 93.7 percent year on year.

TAIYUAN, Aug. 20 (Xinhua) -- Taiyuan Customs on Friday said that the imports and exports of north China's Shanxi Province totalled 133.57 billion yuan (about 20.54 billion U.S. dollars) from January to July this year, up 93.7 percent year on year.

The province's exports increased 106.9 percent to 82.05 billion yuan, and its imports reached 51.52 billion yuan, an increase of 75.8 percent year on year.

Shanxi's three major trade partners during the period were the United States, Japan and the Association of Southeast Asian Nations (ASEAN), with import and export values respectively totaling 23.46 billion yuan, 15.35 billion yuan and 14.68 billion yuan.

From January to July, Shanxi's imports and exports to countries and regions along the Belt and Road reached 30.57 billion yuan, up 92 percent year on year and accounting for 22.9 percent of the province's total foreign trade.

The province's private enterprises posted rapid growth in imports and exports during the period, with the figure growing 143.9 percent to 39.21 billion yuan.

Customs data shows that exports of traditional products including cellphones, solar cells, and medicinal materials and medicines increased significantly during the period. Enditem

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Keyword: Shanxi foreign trade

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