Guangdong'S Export Volume Rises

Exports of US $267 billion 630 million, an increase of 6.8%, and imports of US $189 billion 590 million, an increase of 2.7%.

Export volatility is relatively large.

Guangdong export growth remains the first, import growth rate increased 0.3 percentage points to 2.7% last month, still fourth

The private enterprises' imports and exports reached 115 billion 340 million US dollars, an increase of 11.4%, and the rate of increase continued to increase, accounting for 25.2% of the total value of Guangdong's foreign trade and imports and exports, an increase of 1.4 percentage points over the same period last year.

Statistics released by the customs and Guangdong branch on the day before yesterday showed that the total value of Guangdong's import and export trade was 457 billion 220 million US dollars in the first half of 2012, up 5% from the same period (the same below), accounting for 24.9% of the total import and export value of the same period.

Among them, exports amounted to 267 billion 630 million US dollars, an increase of 6.8%; imports of US $189 billion 590 million, an increase of 2.7%, and the growth rate of imports and exports, exports and imports were lower than that of the national total of 3, 2.4 and 4 percentage points respectively.

In the first half of this year, Guangdong's foreign trade surplus amounted to US $78 billion 40 million.

Guangdong's export growth remains the first

Data show that Guangdong's imports and exports are slightly better than other major foreign trade provinces and cities. In the 6 provinces and cities of China's foreign trade, Guangdong's import and export growth rate continued to maintain second place; Guangdong's export growth rate remained the first, and import growth rate increased by 0.3 percentage points to 2.7%, still fourth.

Customs officials analyzed the first half of the year, the total import and export volume of US $1 trillion and 839 billion 840 million, an increase of 8%, showing a low level of stabilization. The import and export performance of Guangdong was slow and stable. From the negative growth in January, the monthly cumulative growth rate of imports and exports gradually picked up, and 5 to June were all stable at 5%.

The source said that while Guangdong is trying to stabilize export growth, it should try its best to take measures to support the expansion of import scale and to promote steady growth in Guangdong's foreign trade and achieve stable growth.

The export of private enterprises is unique.

In the first half of this year, Guangdong's processing trade imports and exports reached 253 billion 510 million US dollars, an increase of 4.1%, accounting for 55.4% of the total import and export value of Guangdong in the same period.

Among them, processing trade exports grew by 5.2% and imports increased by 2.3%.

General trade imports and exports amounted to US $157 billion 630 million, an increase of 4.2%.

In terms of import and export enterprises, the export of private enterprises outgrew their imports and exports, increased their import and export volume, and slowed down the import and export growth of foreign invested enterprises.

In the first half of this year, foreign investment enterprises imported and exported 268 billion 390 million US dollars, an increase of 3.7%, accounting for 58.7% of the total foreign trade import and export volume of Guangdong Province, which accounted for 0.8 percentage points lower than the same period last year.

Over the same period, imports and exports of private enterprises increased by 115 billion 340 million US dollars, an increase of 11.4%. The growth rate continued to rise, accounting for 25.2% of the total foreign trade import and export volume of Guangdong Province, an increase of 1.4 percentage points over the same period last year.

EU import and export decline continues to expand

In the first half of this year, Guangdong's import and export value to Hongkong and the United States was 101 billion 820 million US dollars and US $50 billion 680 million respectively, up by 9.2% and 4.5% respectively. Under the European debt crisis, the decline in imports and exports to the European Union continued to expand, imports and exports dropped by 5.3%, imports and exports of ASEAN and Taiwan decreased by 1.7% and 4% respectively, Japan's imports and exports were flat last year, and the growth rate of imports and exports of South Korea increased by 23.3%.

In the same period, Guangdong's growth in imports and exports to Africa was good. The total value of imports and exports to Africa was 22 billion 130 million US dollars, an increase of 62.8%. The growth level was far better than that of Guangdong's 7 main traditional markets. The import and export of the Middle East (17 countries) increased by 17 billion 100 million US dollars, and the Latin American imports and exports reached 18 billion 140 million US dollars, an increase of 7.5%.

Exports of traditional labour intensive products increased by half or half.

In the first half of this year, the export of mechanical and electrical products in Guangdong was 177 billion 960 million US dollars, an increase of 6.7%, accounting for 66.5% of the total value of foreign trade, and the export of high-tech products (with mechanical and electrical products crossed) 97 billion 530 million US dollars, an increase of 6.3%, accounting for 36.4% of the total value of foreign trade exports.

Exports of traditional labour intensive products fluctuated significantly. Clothing and accessories, footwear and textile yarn fabrics and products were exported by US $14 billion 610 million, US $6 billion 810 million and US $5 billion 510 million, respectively, by 0.7%, 1.8% and 2.4% respectively. Furniture and its parts, plastic products, bags and toys continued to grow, with exports of 7 billion 510 million US dollars, 3 billion 690 million dollars, 3 billion 420 million dollars and 2 billion 990 million dollars respectively, increasing 4.4%, 4.4%, 4.4% and 2 billion 990 million respectively.