Hebei: Affected By Rising Raw Materials, Textile Exports Are Better Than Clothing.
In the first half of this year, with the steady recovery of external demand, the foreign trade of our province continued to rise and strengthened continuously in the first half of this year, thanks to the strong growth of steel and solar battery export.
According to the latest statistics of Shijiazhuang customs, in the first half of this year, the total import and export volume of the province was 19 billion US dollars, and exports had exceeded 10 billion US dollars, reaching US $10 billion 410 million, and imports of US $8 billion 590 million, up 40.6%, 51.8% and 29.1% respectively.
Demand recovery leads to prosperity
Compared with the warm-up in 2009, the growth of foreign trade in our province in 2010 was stronger and the scale showed a significant increase. Especially in May and June, the growth rate of imports and exports reached 64% and 57% respectively, while the growth rate of exports in the two months was as high as 90%.
In terms of exports, in addition to the weaker recovery in the US market, the traditional export countries such as the European Union and the ROK showed a 60% growth rate, and ASEAN and Russia became new growth points.
This year, thanks to the full implementation of the ASEAN Free Trade Agreement, ASEAN exports to US $820 million, an increase of 60.3%. ASEAN has jumped to the fourth largest export market of our province.
Exports to Russia amounted to 470 million US dollars, an increase of 1 times.
In terms of imports, Australia, Brazil and India are still the main import markets of our province.
In the first half of this year, imports from Australia amounted to 1 billion 970 million US dollars, an increase of 12.5%; imports from Brazil amounted to US $1 billion 510 million, an increase of 8.1%; and imports from India, US $890 million, increased 1.3 times.
industrial structure
Adjustment drives export structure optimization
Steel products in the first half of the year
Spin
Clothing quickly recovered, of which steel exports 2 billion 60 million US dollars, reversing the 71% decline last year, the growth rate is as high as 1.8 times, and the pulling effect on exports is as high as 37%. Textile and garment exports are US $1 billion 590 million, and the export of textile products is better than clothing and the export of textile products has increased 54.8%.
clothing
Exports grew by 32.4%.
In the first half of this year, the rapid growth of electromechanical and hi-tech products led to the optimization of the export structure of our province.
Under the joint influence of the international financial crisis and the adjustment of its industrial structure, the proportion of electromechanical and high-tech products in the province's exports has also increased year by year, especially the high-tech products from 6% in 2007 to 14% in the first half of this year.
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