Hainan'S Imports And Exports Significantly Recovered In The First 4 Months

The impact of the international financial crisis on the import and export of our province is gradually weakening.

Reporters learned from the Haikou customs today that the import and export of our province rebounded in March, down from 7.7% in January to 9.4% in April.

This shows that the scale of import and export is gradually enlarged, showing a marked warming trend.

From January to April this year, the import and export value of our province was 2 billion 940 million US dollars, down 2% from the same period last year, but 22 percentage points lower than the same period in the whole country.

Especially in April, the value of imports and exports reached US $815 million, the highest in a single month, an increase of 14% over January.

The import and export commodities of the first 4 months of Hainan were separated by electromechanical products and agricultural products.

In terms of imports, the import and export of electromechanical products increased by 1.2 times under the strong import of aircraft, and the scale of crude oil imports gradually expanded from US $43 million 620 thousand in January to US $267 million in April, and the increase in imports of refined oil exceeded 50%.

On the export side, the export of agricultural products has recovered since February, and exports increased by 4.2% in the first 4 months. Textile exports have stabilized since March, and have maintained growth for two consecutive months. Exports of natural gas and refined oil have maintained substantial growth.

The import and export trade between our province and the three largest trading partners of the United States, the European Union and ASEAN has increased by more than two digits.

Affected by the drop in international oil prices, the volume of trade between our province and oil producing countries such as Oman, Saudi Arabia and Angola has declined to varying degrees. The growth of imports and exports of foreign-funded enterprises has increased by nearly 1 times, and the number of state-owned enterprises and private enterprises has decreased significantly. The top 5 enterprises of import and export value account for 75% of the total import and export volume of Hainan in the same period.