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Xi'an's Jan-Sept foreign trade value reaches nearly 244b yuan

(chinadaily.com.cn)

Updated: 2018-10-30

In the first three quarters of this year, Xi'an's import and export trade value amounted to 243.39 billion yuan ($35 billion), an increase of 32.4 percent over the same period of last year.

Individually, exports reached 149.35 billion yuan, an increase of 37 percent year-on-year, while imports reached 94.04 billion yuan, up 25.8 percent year-on-year. The trade surplus hit 55.31 billion yuan.

The import and export volume of processing trade was 159.47 billion yuan, an increase of 24.9 percent, accounting for 65.5 percent of the total volume in the same period. Exports reached 94.05 billion yuan, up 20.3 percent and imports 65.42 billion yuan, up 32.1 percent.

The import and export value of general trade reached 45.98 billion yuan, increasing 20.7 percent, and accounting for 18.9 percent of the total. Exports were at 26.55 billion yuan, up 29.6 percent and imports 19.43 billion yuan, up 10.3 percent.

The import and export value of logistics goods in the special areas under the customs' supervision and control amounted to 28.27 billion yuan, growing 1.5 times.

The Xi'an International Trade and Logistics Park has further enriched and optimized its functions. It has become a port for importing grain, meat and automobiles.

Meanwhile, with the construction of the free trade pilot zone, the import and export volume in special customs supervision areas has also increased.

From January to September this year, the foreign trade value of Xi'an High-tech Comprehensive Bonded Zone increased by 64.7 percent year-on-year, much higher than the overall growth rate of foreign trade during the same period.

The volume of imports and exports generated by foreign-invested enterprises reached 171.35 billion yuan, up 25.5 percent, accounting for 70.4 percent of the total. Exports totaled 95.52 billion yuan, up 20.4 percent and imports hit 75.83 billion yuan, up 32.6 percent.

The import and export trade volume of private enterprises amounted to 52.67 billion yuan, an increase of 67.9 percent, accounting for 21.6 percent of the total. Exports reached 44.72 billion yuan, up 98.6 percent and imports reached 7.95 billion yuan, down 10.1 percent.

The volume of imports and exports generated by state-owned enterprises was 19.35 billion yuan, increasing by 22 percent, and accounting for 8 percent of the total. The value of exports was 9.1 billion yuan, up 26.8 percent, and the value of imports was 10.25 billion yuan, up 18 percent.

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