On September 20, it was reported by Shenyang Customs that Liaoning’s total foreign trade for the first eight months reached RMB 501.69 billion, including exports of RMB 239.9 billion, marking a 1.1% increase compared to the same period last year.
In terms of trade types, general trade dominated the first eight months with imports and exports totaling RMB 339.16 billion, making up 67.6% of the total trade volume. Meanwhile, processing trade accounted for RMB 97.38 billion or 19.4% of the total.
Considering enterprise types, private companies led with imports and exports totaling RMB 233.81 billion, or 46.6% of the total. Foreign-invested firms contributed RMB 184.92 billion (36.9%), and state-owned enterprises RMB 82.44 billion, making up 16.4%.
Looking at trade partners, the European Union remains Liaoning’s largest, with trade totaling RMB 88.04 billion, a 1.5% increase year-over-year and accounting for 17.5% of the total. Trade with ASEAN saw a significant rise, surging 48% to RMB 61.12 billion, or 12.2% of the total. Additionally, trade with Japan, South Korea, and the USA amounted to RMB 55.17, 42.08, and 34.66 billion respectively, collectively comprising 26.3%. Moreover, trade with partner countries under the "Belt and Road" initiative and RCEP partners reached RMB 249.03 billion and 177.67 billion, respectively.
Regarding exports, M&E products represented over half of our province's total, achieving RMB 124.01 billion and constituting 51.7% of all exports during the period. Exports of high-tech products like integrated circuits, ships, and lithium-ion batteries showed notable growth rates, with values of RMB 17.35, 12.11 billion, and 3.76 billion, marking year-over-year increases of 19.8%, 31.3%, and 30.3%, respectively. Additionally, exports of automotive parts and vehicles reached RMB 8.86 billion and 8.75 billion, respectively. Simultaneously, steel exports reached RMB 24.32 billion, up 9.4% from the previous year. Exports of agricultural products and textiles amounted to RMB 19.69 billion and 14.03 billion, respectively.
Regarding imports, during the first eight months, our province's bulk commodity imports totaled RMB 112.08 billion, making up 42.8% of total imports during this period. These imports included RMB 70.09 billion of crude oil, RMB 22.45 billion of metal ores, and RMB 13.17 billion of grains. At the same time, imports of mechanical and electrical products amounted to RMB 72.89 billion, comprising 27.8% of the total import value. Additionally, refined oil imports surged to RMB 15.58 billion, showing a 119.3% increase year-over-year, while imports of basic organic chemicals and edible aquatic products were RMB 14.19 billion and 6.44 billion, respectively. (Liu Dayi, Reporter of Liaoning Daily)
Disclaimer：The above content is translated from Chinese version of Liaoning Daily. The Liaoning Daily version shall prevail.