In the first seven months, Jiangsu's foreign trade imports and exports increased by 26.2% year-on-year

According to Xinhua Daily, in the first seven months of this year, Jiangsu Province's foreign trade imports and exports amounted to 4.18 trillion yuan, an increase of 26.2% compared to the same period last year, which was 9 percentage points higher than the national growth rate and accounted for 13.9% of the total national import and export value during the same period. Among them, exports amounted to 2.71 trillion yuan, an increase of 22.6%; Imports amounted to 1.47 trillion yuan, an increase of 33.5%.

In July, the import and export of foreign trade reached 691.04 billion yuan, with a monthly scale reaching a historical high for four consecutive months, an increase of 39.7%, which was 20.5 percentage points higher than the national growth rate and accounted for 14.8% of the total import and export value of the country. Among them, exports amounted to 440.88 billion yuan, an increase of 35.3%; Imports amounted to 250.16 billion yuan, an increase of 48.2%.

In the first seven months, foreign-invested enterprises imported and exported 2.04 trillion yuan, an increase of 31.1%, accounting for 48.8% of the province's imports and exports during the same period, driving an increase of 14.6 percentage points in imports and exports. During the same period, the import and export of private enterprises reached 1.65 trillion yuan, an increase of 12.1%, accounting for 39.5%; The import and export of state-owned enterprises reached 490.51 billion yuan, an increase of 73.1%, accounting for 11.7%.

The proportion of imports and exports to countries jointly building the "the Belt and Road" has increased significantly. In the first seven months, the import and export of countries jointly building the "the Belt and Road" reached 2.22 trillion yuan, an increase of 35.2%, driving the import and export growth of the province by 17.5 percentage points, accounting for an increase of 3.5 percentage points to 53.2% over the same period last year. Among them, imports and exports to ASEAN amounted to 810.85 billion yuan, an increase of 36.4%.

The export of electromechanical products accounts for nearly three-quarters. In the first seven months, the export of mechanical and electrical products reached 2.01 trillion yuan, an increase of 31.9%, driving the province's export growth by 22 percentage points, an increase of 5.2 percentage points compared to the same period last year to 74.3%.