In the first four months Shanghai s imports and exports to major trading partners increased year-on-year

According to statistics released by Shanghai Customs on the 22nd, in the first four months of this year, Shanghai's imports and exports to major trading partners such as the European Union, ASEAN, the United States and Japan all achieved year-on-year growth.

In the first four months of this year, Shanghai's total import and export value was 1.39 trillion yuan (RMB, the same below), an increase of 13.5% year-on-year, of which, exports were 558.65 billion yuan, an increase of 16.3%; imports were 834.57 billion yuan, an increase of 11.6% .

In April, Shanghai's import and export scale has returned to the level of the same period in 2021. The import and export volume of the month was 346.63 billion yuan, an increase of 57.9% over 2022 and 0.4% over the same period in 2021. Among them, imports were 195.04 billion yuan, a year-on-year increase of 30%, and a decrease of 11.9% over the same period in 2021; exports were 151.58 billion yuan, a year-on-year increase of 117.7%, an increase of 22.3% over the same period in 2021.

In the first four months of this year, Shanghai's imports and exports to the EU, its largest trading partner, totaled 285.8 billion yuan, a year-on-year increase of 18.9%, 5.4 percentage points higher than the overall growth rate, accounting for 20.5% of the city's total import and export value. During the same period, imports and exports to ASEAN, the United States, and Japan were 178.65 billion yuan, 158.02 billion yuan, and 130.6 billion yuan, respectively, an increase of 4.2%, 7%, and 11.5%, accounting for 33.5% of the city's total import and export value.

In the first four months of this year, Shanghai exported 389.87 billion yuan of mechanical and electrical products, accounting for nearly 70% of the city's total export value. Among them, the export of electric passenger vehicles, lithium batteries, and solar cells increased by 1.5 times, 2.7 times, and 92.2% respectively. .

In terms of imported products, in the first four months of this year, Shanghai imported 191.03 billion yuan of consumer goods, a year-on-year increase of 18.4%, accounting for 22.9% of the city's total import value. Among them, the import of medical materials and medicines and automobiles increased by 56.2% and 32.3% respectively, and the import of cosmetics, meat, dairy products and fruits increased by 11.4%, 8.1%, 55.9% and 10.2% respectively. In addition, imports of bulk resource commodities such as iron ore, coal, and natural gas increased by 20.8%, 50.8%, and 3.1% respectively.