In the first half of the year, Qingdao's import and export increased by 5.7%

According to statistics from Qingdao Customs, in the first half of this year, the import and export of Qingdao City reached 467.21 billion yuan, a year-on-year increase of 5.7%, accounting for 25.9% of the total import and export value of Shandong Province during the same period. Among them, exports amounted to 281.72 billion yuan, an increase of 6.9%; Imports amounted to 185.49 billion yuan, an increase of 3.9%. Among the 15 sub provincial cities in China, Qingdao ranks sixth in import and export value after Shenzhen, Ningbo, Guangzhou, Xiamen, and Hangzhou.

The main characteristics of Qingdao's foreign trade import and export in the first half of the year:

Firstly, the import and export of bonded logistics have achieved double-digit growth. In the first half of the year, Qingdao's general trade imports and exports amounted to 298.79 billion yuan, an increase of 3%, accounting for 64% of the city's total foreign trade imports and exports. During the same period, the import and export of bonded logistics reached 85.36 billion yuan, an increase of 15.8%; The import and export of processing trade reached 74.93 billion yuan, an increase of 8.3%.

Secondly, the proportion of imports and exports by private enterprises has significantly increased. In the first half of the year, the import and export of private enterprises in Qingdao reached 346.37 billion yuan, an increase of 9.8%, accounting for 74.1% of the city's total foreign trade import and export value, an increase of 2.8 percentage points in proportion. During the same period, the import and export of foreign-invested enterprises reached 72.47 billion yuan, an increase of 1.7%; The import and export of state-owned enterprises amounted to 47.88 billion yuan, a decrease of 12.8%.

The third is to maintain growth in the main import and export markets. In the first half of the year, Qingdao's imports and exports to ASEAN, EU, Russia, South Korea, and Brazil were 74.97 billion yuan, 53.64 billion yuan, 33.81 billion yuan, 31.49 billion yuan, and 27.79 billion yuan, respectively, an increase of 5.1%, 2.2%, 20.2%, 2.5%, and 34.3%. In addition, the import and export to countries jointly building the "the Belt and Road" was 276.29 billion yuan, up 5.2%, accounting for 59.1% of the city's total foreign trade import and export value; Imports and exports to other RCEP member countries amounted to 159.15 billion yuan, an increase of 5.3%, accounting for 34.1% of the city's total foreign trade import and export value.

Fourthly, the export of electromechanical products and agricultural products maintained growth, and the export of the "new three types" doubled. In the first half of the year, the export of mechanical and electrical products in Qingdao reached 147.35 billion yuan, an increase of 8%, accounting for 52.3% of the total export value. Among them, the export of household appliances reached 23.5 billion yuan, an increase of 18%; The export of general mechanical equipment reached 10.86 billion yuan, an increase of 8.6%. During the same period, agricultural product exports amounted to 26.2 billion yuan, an increase of 11.4%. Among them, the export of edible aquatic products reached 5.64 billion yuan, an increase of 17%. In addition, the export of "new three types" products reached 3.43 billion yuan, an increase of 101.6%. Among them, electric vehicles and photovoltaic products were exported for 2.83 billion and 370 million yuan respectively, with an increase of 113.7% and 459.5%, respectively.

The import value of agricultural products, metal ores, and mechanical and electrical products has maintained growth. In the first half of the year, the import of agricultural products in Qingdao reached 41.81 billion yuan, an increase of 9.2%, accounting for 22.5% of the total import value. Among them, the import of edible aquatic products was 10.11 billion yuan, an increase of 37.3%; Soybean imports amounted to 7.95 billion yuan, an increase of 5%. During the same period, metal ore imports amounted to 29.46 billion yuan, an increase of 13.1%, accounting for 15.9% of the total import value; The import of electromechanical products reached 28.87 billion yuan, an increase of 8%, accounting for 15.6% of the total import value.