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A Brief Introduction to Jilin Province 's Foreign Trade in June 2017
2017-08-10   文章来源:

  According to customs statistics, from January to June, the province's import and export stood at 62.27 billion yuan, an increase of 4.7% year on year. Among them, exports accounted for 14.71 billion yuan, an increase of 10.9% year on year; imports accounted for 48.56 billion yuan, an increase of 3.0% year on year.

  In June, the import and export of the province stood at 9.77 billion yuan, a decrease of 6.2% year on year. Among them, exports stood at 2.62 billion yuan, an increase of 11.7% year on year. Imports stood at 7.15 billion yuan, a decrease of 11.3% year on year.

  Calculated on the basis of US dollars, the province's import and export in the January-June period accomplished $9.23 billion, a decrease of 0.7% year on year. Among them, exports completed $2.14 billion, an increase of 4.7% year-on-year. Imports completed $7.09 billion, a decrease of 2.2% year on year. Import and export in the month of June completed $1.44 billion, a decrease of 10.1% year on year. Among them, exports completed $380 million, an increase of 6.2% year on year. Imports stood at $1.06 billion, a decrease of 14.9% year on year.

  According to customs statistics, the national import and export business stood at 13.14 trillion yuan from January to June, an increase of 19.6% year on year. Among them, exports were 7.21 trillion yuan, an increase of 15% year-on-year. Imports were 5.93 trillion yuan, an increase of 25.7% year on year. Liaoning's import and export totaled 334.97 billion yuan, an increase of 26.3% year on year. Among them, exports were 148.54 billion yuan, an increase of 12% year-on-year. Imports were 186.43 billion yuan, an increase of 40.7% year on year. Heilongjiang province’s import and export were 58.67 billion yuan, an increase of 28.8% year on year. Among them, 16.71 billion yuan was export, a year-on-year increase of 9.2%. Import was 419.6 billion yuan, an increase of 38.7% year on year. Liaoning, Jilin and Heilongjiang were ranked 9th, 20th and 23rd respectively.

  1.The characteristics of import and export operation in the province from January to June

  1.The import and export continued to decline during the month. In June, the province's export and import fell 6.2% year on year, the decline for two consecutive months. This is partly due to the continuous downturn in imports. It is also due to the high basic figure of import and export in the same month of last year, which led to a larger decline in May and June. Although the total number of import and export in the province has continued to grow in the first six months, the growth rate has narrowed further. But our province's import and export in the whole country ranks up one more place forward to the 20th. ((the following data is denominated in us dollars))

  2.The uneven development among cities. From January to June, the import and export volume of Changchun, Jilin and Yanbian accounted for 92.3% of the total value of the whole province, among which the import and export of Changchun fell 3.7%, which directly affected the downward trend of import and export of the whole province. Jilin and Yanbian growth rate exceeded 20%. The import and export declining in four areas of Siping city, Baishan city, Songyuan city and Bai city has decreased by more than 20%.

  3.The differences of.import and export in key enterprises are very clear. The import and export of FAW group has declined for the first time since the beginning of this year from January to June. The decline is 3%, which is the main reason for the decline of the whole province. From January to June, the net value of import and export in the top ten enterprises increased by $560 million, and the amount of import and export decreased by $720 million. Of the top 100 enterprises in the province, 58 enterprises have seen growth in their import and export, which has played a positive role in promoting the import and export development of the province.

  4.The export growth of bulk commodities takes on better condition, and the import of agricultural products has decreased greatly. Among the eight classes products, which account for 93% of the whole province exports commodities, agricultural products, automobile and parts, textile, metallurgical mineral products, wood products and furniture and other six categories’ export had seen a growth in the first six months of the year. The exports of petrochemical products, pharmaceutical products, rail buses and their parts and components fell by 2.1%, 1.9%, and 34.1% respectively. In the five categories of key import commodities which accounted for 83% of the total imports of the whole province, the import of automobiles and components and agricultural products fell by 51.5. The export and import of mechanical and electrical products in the whole province have declined slightly, and the export and import of high-tech products have increased respectively..

  5.The import and export from major trading partners are in good condition. From January to June, in our province's top ten trade markets, affected by the downturn imports, the import from Germany, Slovakia, the United States, and Belgium fell relevantly, but the import and export both enjoyed sound growth in the rest of the market. Five of these markets grew by more than 10%. South Korea, the United States and Japan are the top three export markets of our province. Germany, Japan and Slovakia are the top three sources of imports.

  6.The import and export of general trade have been on the decline, but the import and export of foreign enterprises has seen a growth. From January to June, the general trade of import and export in our province was $7.65 billion, a decrease of 2.5% from the same period of the last year and accounting for 83% of the total volume. Import and export of processing trade was $760 million, a decrease of 5.3% year-on-year, and the import and export of small trade in the border increased significantly. The import and export in foreign-capitalized enterprises increased by 4.4%, and the import and export of state-owned enterprises and private enterprises dropped by 8.3% and 8.3% respectively.

  2.Several problems that need to be addressed to the import and export in foreign trade

  1.Foreign trade exports are expected to maintain good growth momentum. According to statistics from the General Administration of Customs, in June, the index of China's foreign trade export was 41.5, an increase of 0.4 from last month. Among them, according to the network questionnaire survey data, China's export managers index was 44.7 in the month, a decrease of 0.5 from the previous month. The index of newly added export orders and the confidence index of the export managers fell by 0.3, 1.1 to 48.5, and 49.8 respectively. The composite cost index of exporting enterprises recovered by 0.1 to 23.

  2.Foreign trade import growth continued to fall. From January to June, the import growth of our province continued to fall by 3.1 percentage points and was 22.7 percentage points lower than the national average, which was lower than Liaoning and Heilongjiang’s 37.7 and 35.7 percentage points respectively. In the first half of the year, the price of bulk commodity imports levered up the import and rapid growth in China, and the iron ore import prices rose 55%, crude oil 47.9%, soybeans 18% and natural gas 10%, oil products 35.6% and copper 29.5%. The main import products in our province are the automobiles and parts, whose imports accounted for about 70%. The metallurgical mineral imports only accounted for about 9% of the province's total imports, whose price leverage role has a limited effect on the import growth of the whole province.

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