Home> Industry Information> Hubei Yichang's foreign trade imports and exports increased by 41.6% in the first seven months

Hubei Yichang's foreign trade imports and exports increased by 41.6% in the first seven months

August 26, 2022

On August 24, the reporter learned from Yichang Customs that from January to July, the total value of Yichang's foreign trade imports and exports was 22.31 billion yuan (the same below), an increase of 41.6% over the same period last year (year-on-year, the same below), 19.9 percentage points higher than the province's . Among them, exports were 19.26 billion yuan, an increase of 35.9%, and imports were 3.05 billion yuan, an increase of 92.8%.
From January to July, Yichang’s imports and exports were still dominated by general trade, with imports and exports of 18.06 billion yuan, an increase of 35.9%, accounting for 80.9% of the city’s total import and export value (the same below) during the same period. The import and export of bonded logistics was 2.33 billion yuan, an increase of 363%; the import and export of processing trade was 1.4 billion yuan.
Private enterprises are the main force of import and export, with import and export of 12.86 billion yuan, an increase of 29.2%, accounting for 57.6%. The import and export of state-owned enterprises was 4.87 billion yuan, an increase of 41.8%; the import and export of foreign-invested enterprises was 4.58 billion yuan, an increase of 93.4%. The city's top three trading partners are ASEAN, Brazil and India, with imports and exports of 3.31 billion yuan, 3.03 billion yuan and 2.75 billion yuan respectively. Among the export products, the export of basic organic chemicals and high-tech products increased by 169.9% and 121.4% respectively. Among the imported products, the imports of mechanical and electrical products and high-tech products have doubled, increasing by 192.7% and 261.3% respectively.

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Home> Industry Information> Hubei Yichang's foreign trade imports and exports increased by 41.6% in the first seven months

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