From January to November, the import and export of processing trade in Fujian exceeded 200 billion yuan

In recent years, the processing and trade industry chain in Fujian has been continuously extended, and the import and export scale has continued to expand, injecting new vitality into the high-quality development of Fujian's foreign trade. According to Xiamen Customs statistics, the annual trade scale of Fujian's processing trade has expanded from over 100 billion yuan in 2002 to 210.13 billion yuan in 2024. From January to November this year, the import and export of processing trade in Fujian exceeded 200 billion yuan, reaching 210.11 billion yuan, a year-on-year increase of 9.2%, accounting for 12.2% of the province's import and export value during the same period. Among them, exports amounted to 1412.1 billion yuan, a year-on-year increase of 7.9%; Imports amounted to 68.9 billion yuan, a year-on-year increase of 12%.

According to officials from Xiamen Customs, foreign-invested enterprises are the largest operating entities in Fujian's processing and trade. From January to November this year, foreign-invested enterprises in Fujian Province imported and exported 135.09 billion yuan through processing trade, a year-on-year increase of 3.1%, accounting for 64.3% of the total import and export value of processing trade in the province during the same period. During the same period, private and state-owned enterprises in Fujian performed well, with imports and exports of 53.73 billion yuan and 21.29 billion yuan respectively through processing trade, an increase of 17.5% and 36.2% year-on-year.

Data shows that other Asian countries and regions are the largest markets for Fujian's processing and trade imports and exports. From January to November this year, Fujian imported and exported 109.62 billion yuan through processing trade, a year-on-year increase of 11.3%, accounting for 52.2% of the total import and export value of processing trade in the province during the same period. Among them, imports and exports to ASEAN amounted to 30.86 billion yuan, a year-on-year increase of 20.7%; Imports and exports to Hong Kong amounted to 18.74 billion yuan, a year-on-year increase of 20.3%. During the same period, Fujian's imports and exports to the European Union through processing trade amounted to 260.1 yuan, a year-on-year increase of 2.1%, accounting for 12.4%; The performance in the African market is impressive, with an import and export value of 16.69 billion yuan through processing trade, a year-on-year increase of 54.4%.

According to statistics, mechanical and electrical products are the most important commodities for Fujian's processing and trade imports and exports. From January to November this year, Fujian exported 106.73 billion yuan of mechanical and electrical products through processing trade, a year-on-year increase of 6.3%, accounting for 75.6% of the total value of processing trade exports in the province during the same period; Among them, the top three in terms of export value are automatic data processing equipment and its components, flat panel display modules, and ships, with export values of 24 billion yuan, 16.37 billion yuan, and 16.1 billion yuan, respectively, accounting for a total of 40%. During the same period, Fujian imported 31.7 billion yuan worth of mechanical and electrical products through processing trade, a year-on-year increase of 9.5%, accounting for 46% of the total value of processing trade imports in the province during the same period; Among them, imported flat panel display modules and integrated circuits amounted to 10.96 billion yuan and 7.55 billion yuan, respectively, with year-on-year growth of 19.1% and 13.7%.