From January to July, Xiamen's import and export exceeded 600 billion yuan, and in July, it reached a new historical high in a single month

Since the beginning of this year, the resilience of Xiamen's foreign trade economy has continued to demonstrate, and the scale of imports and exports has steadily increased. According to Xiamen Customs statistics, from January to July, Xiamen's foreign trade imports and exports amounted to 607.55 billion yuan, a year-on-year increase of 12.1%. Among them, exports amounted to 320.74 billion yuan, a year-on-year increase of 5%; Imports amounted to 286.81 billion yuan, a year-on-year increase of 21.3%. It is worth noting that the import and export scale in July reached 96.59 billion yuan, setting a new historical high in a single month.
The trade structure continues to optimize, with both general trade and processing trade growing. From January to July, Xiamen's general trade imports and exports amounted to 447.96 billion yuan, a year-on-year increase of 13.4%, accounting for 73.7% of the city's total import and export value. The import and export of processing trade amounted to 79.85 billion yuan, a year-on-year increase of 13.5%, accounting for 13.1%.
The vitality of market entities is bursting, and the private economy is leading the growth of foreign trade. From January to July, the import and export of private enterprises in Xiamen reached 344.42 billion yuan, a year-on-year increase of 17.6%, accounting for 56.7% of the city's total import and export value. The import and export of foreign-invested enterprises reached 155.38 billion yuan, a year-on-year increase of 17.7%.
Xiamen customs officials introduced that ASEAN and the European Union are the top two trading partners of Xiamen city. From January to July, Xiamen's imports and exports to ASEAN reached 113.3 billion yuan, a year-on-year increase of 15.7%; Imports and exports to the European Union amounted to 80.58 billion yuan, a year-on-year increase of 7.4%, with the two traditional markets accounting for 31.9% of the city's total import and export value. During the same period, emerging markets such as Latin America and Africa became new highlights of foreign trade growth. Xiamen City imported and exported 67.55 billion yuan and 37.25 billion yuan respectively, an increase of 17.7% and 43% year-on-year.
Data shows that Xiamen's export commodities are mainly mechanical and electrical products, with a total export of 176.81 billion yuan, a year-on-year increase of 11.2%. Among them, the export of "new three types" products was 28.75 billion yuan, a year-on-year increase of 2.4%. In addition, the export of plastic products reached 12.07 billion yuan, a year-on-year increase of 17.2%.
The performance on the import end is impressive and has a prominent pulling effect. From January to July, Xiamen imported bulk commodities and electromechanical products worth 102.24 billion yuan and 72.38 billion yuan respectively, driving import growth rates of 9.4 percentage points and 6.8 percentage points, respectively. (Chen Qi/Wen)