Shaanxi Province's Foreign Trade Import and Export Operations in the First Half of 2010

According to statistics, in the first half of 2010, the province’s total value of imports and exports was 5.435 billion U.S. dollars, an increase of 37.1% year-on-year. Among them, exports were 2.726 billion U.S. dollars, up 47.9%; imports were 2.709 billion U.S. dollars, up 27.8 percent. In the first half of the year, the province’s imports and exports mainly exhibited

First, the increase in exports was significant. Since the beginning of this year, our province’s exports have shown renewed growth. In the first half of this year, exports have increased by 47.9%, which is higher than the national rate of 12.7%, which is higher than the average growth rate of 4.6 percentage points in the west. Compared with the same period in 2008, the province's exports increased by 1.07%.

Second, the proportion of processing trade increased, and export processing zones have a rapid development momentum. In the first half of the year, the total import and export value of processing trade was 1.962 billion U.S. dollars, accounting for 36.1% of the province's total import and export value, accounting for 9.3% of the total. The total value of imports and exports in Xi'an Export Processing Zone was 1.342 billion U.S. dollars, an increase of 1.8 times, accounting for 24.7% of the province's total value of imports and exports, which has exceeded the level of last year. Among them, exports were 576 million U.S. dollars and imports were 766 million U.S. dollars, an increase of 2.5 times and 1.5 times, respectively.

3. Imports and exports of mechanical and electrical products have become the main force driving the development of foreign trade, and the export of juice has continued to decline. In the first half of the year, the import and export of mechanical and electrical products was 3.361 billion U.S. dollars, accounting for 61.8% of the total import and export value of the province. The concentrated apple juice exports accounted for more than 65% of the province's total export value of agricultural products, but the export volume decreased by 19.7% and the export value decreased by 17.5%.

4. Import and export key enterprises are in good condition, foreign-funded enterprises import and export significantly faster than state-owned enterprises and private enterprises. In the first half of the year, a total of 1,389 enterprises across the province had import and export performance. The number of companies that import and export over US$100 million has reached nine, of which Micron’s import and export volume has exceeded the level of the previous year and has increased more than threefold year-on-year. In addition, the import and export of Xi'an Fei, Maike, Yangsen, and Jinduicheng all showed rapid growth. In the first half of the year, foreign-invested enterprises’ imports and exports were US$2.184 billion, an increase of 92.6%, accounting for 40.2% of the province’s total value of imports and exports, accounting for an increase of 11.6%. In the same period, state-owned enterprises imported and exported 1.99 billion U.S. dollars, accounting for 36.6% of the province’s total value of imports and exports, accounting for a decrease of 5.4 percentage points; private enterprises’ import and export of 1.252 billion U.S. dollars, an increase of 7.9%, accounting for 23% of the province’s total value of imports and exports. The proportion decreased by 6.2 percentage points.

Fifth, the overall growth of import and export of major trading partners such as Europe, the United States and Japan. In the first half of the year, the province’s imports and exports with major trading partners showed a recovery. The import and export of the EU was 1.208 billion U.S. dollars, an increase of 7.1%; the U.S. export and import of U.S. dollars 907 million U.S. dollars was up 49.5%; the import and export of the ASEAN was 687 million U.S. dollars, an increase of 1.5 times.

6. Foreign trade in all cities (districts) showed a growth trend. In the first half of the year, the total value of imports and exports in Xi'an reached 4.743 billion U.S. dollars, accounting for 87.27% of the province. The growth rates of Tongchuan, Yangling, Weinan, Ankang, Shangluo, and Yulin are all higher than the average growth rate of the province. see attached).

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