Growth for 6 consecutive months! Zhanjiang's imports and exports to ASEAN increased by 9.5% in the first 11 months

In the first 11 months of this year, the total import and export value of Zhanjiang to ASEAN was 8.15 billion yuan, an increase of 9.5% compared to the same period last year, and maintained positive growth for six consecutive months.

Vietnam, Indonesia, and Thailand are the top three trading partners, accounting for over 80% of Zhanjiang's trade with ASEAN. In the first 11 months, imports and exports to Vietnam increased by 18.2%, imports and exports to Indonesia increased by 0.8%, and imports and exports to Thailand increased by 1.2%.

The export of steel, coal, and aquatic products maintained double-digit growth rates, providing strong impetus for Zhanjiang's trade growth with ASEAN. In the first 11 months, the export of steel reached 3.12 billion yuan, an increase of 36.5%, accounting for 49.7% of the total import and export value of Zhanjiang to ASEAN during the same period; Coal exports amounted to 390 million yuan, an increase of 94.5%; The export of aquatic products reached 290 million yuan, an increase of 35.2%. In terms of imports, energy products, agricultural products, and basic organic chemicals were imported for 830 million yuan, 370 million yuan, and 220 million yuan, respectively.

Various business entities are actively exploring the ASEAN market, and the import and export of foreign-invested enterprises are growing rapidly. In the first 11 months, state-owned enterprises, private enterprises, and foreign-invested enterprises in Zhanjiang City imported and exported 3.72 billion yuan, 2.52 billion yuan, and 1.92 billion yuan respectively to ASEAN. Among them, the import and export of foreign-invested enterprises increased by 88.2% year-on-year, becoming the main driving force for the growth of imports and exports to ASEAN.