Shanxi steel export increase by 11.6%

During the first quarter of this year, Shanxi Province is 24.03 billion yuan, the total cost of the import and export growth of 31.3% from the same period last year, the trade surplus of 3.13 billion yuan, expand 3.2 times. Shanxi Province import and export growth is ranked third in the country, import and export gross ranked 23rd. In the six provinces in central and total cost of the import and export growth ranking sixth and 2, respectively.

At present, our country foreign trade development is facing some difficulties, a fall of 6% in the first quarter of the national import and export, foreign trade import and export growth in Shanxi Province is higher, the reason is mainly import and export commodities in the renewal period compared to the same period last year, a low base. To eliminate this factor, the Shanxi Province 1 quarter dropped 4.9%, and the import and export of export growth of 8.3%, a 16.2% drop in imports.

Affected by foxconn processing trade exports surged in the first quarter, 1.1 fold increase in the import and export of processing trade in Shanxi Province, the general trade import and export by 6.8%. 58% of the total cost of the import and export of processing trade import and export of the provincial total (31.4%), up 22.3% from the same period a year earlier, the proportion of processing trade accounts for the total value of import and export was third in various provinces and cities across the country, the main export commodities as mobile phones and steel.

Quarter, exports in 4.16 million, Shanxi Province, 4.16 million yuan, up 1.2 times and 1.5 times respectively; Steel export quantity and value increased by 11.6% and 11.9% respectively, including stainless steel exports and value increased by 26.6% and 17.3% respectively. Mobile phones and steel exports accounted for 59.8% of the province’s exports. At the same time, railway and electric drive locomotive vehicle parts, such as fertilizer and other products of export growth also have faster. Categories of commodities, and mechanical and electrical products and high-tech products export growth of 96.6% and 1.3 times respectively.

Products, mechanical and electrical products to be imported, iron alloy and copper ore, iron ore is declining. Only foxconn import mechanical and electronic products companies (shanxi) reached 4.19 billion yuan, accounting for 80.4% of the total cost of the import of mechanical and electronic products. At the same time, the proportion of the total cost of the import of the provincial total iron ore imports fell to 11.2%.

In trading partners, in Shanxi Province on growth of the European Union, the United States, the association of south-east Asian nations (asean), the decline in Australia, the brics countries. All the way “to” area along the national import and export growth of 20.3%, import and export growth of 3.6% in Africa, for China’s Taiwan and Hong Kong area and Chile and other countries import and export and achieve fast growth.

At the same time, the rapid growth of import and export of enterprises with foreign investment, state-owned enterprises and private enterprises drop to expand. Foreign invested enterprises, state-owned enterprises and private enterprises import and export respectively 53.2%, 27.1% and 19.7% of the total cost of the foreign trade in the province.