1-8 Months, Jiangsu Footwear Exports 1 Billion 90 Million US Dollars To Grow 16.9%

According to Nanjing customs statistics, in the first 8 months,

The foreign trade import and export amount of US $353 billion 200 million is equal to that of the same period last year, accounting for 14.1% of the total foreign trade import and export volume.

Among them, exports amounted to 208 billion 700 million US dollars, an increase of 2.2%, and imports of US $144 billion 500 million decreased by 3%.

In the first 8 months, our province's foreign trade totaled 64 billion 200 million US dollars, an increase of 16.3%.

Jiangsu's general trade export growth is far ahead of the five coastal provinces and cities.

Compared with Guangdong, Shanghai, Zhejiang and Shandong, the export of mechanical and electrical products, especially machinery and equipment, has increased significantly in our province.

In 1-8 months, Jiangsu province increased 35 billion of its total exports of electromechanical products by US $35 billion, accounting for 39.9% of the total trade export value over the same period.

Meanwhile, the export trade of some traditional labor intensive products in Jiangsu has also increased significantly.

For example, furniture exports of $1 billion 620 million, an increase of 55%; lamps and lanterns 660 million US dollars, an increase of 89.9%;

1 billion 90 million US dollars, an increase of 16.9%; plastic products 1 billion 410 million US dollars, an increase of 52.4%.

In addition, in 1-8 months, compared with 5.7% of foreign investment enterprises, private enterprises in Jiangsu province showed outstanding performance, with an increase of 20.6% in imports and exports and a 4.1 percentage point increase in foreign trade and imports and exports, reaching 24.1%.

However, customs officials pointed out that compared with Guangdong Province, Shanghai, Zhejiang, Shandong and other coastal provinces and cities, the concentration of Jiangsu's main trading partners is too high, and there is no bright spot for growth. The processing trade dominated by electromechanical and electronic products is dragged down by the global manufacturing downturn; the three pillars of ships, portable computers and solar cells, and the trade environment of export products continue to deteriorate, all of which are stable for our province.

Challenges were raised.

Experts suggested that our province should help enterprises overcome difficulties and stabilize exports, and seize the opportunity of Russia's accession to the WTO to further optimize the structure of foreign trade market.

Russia's light industry, textile, IT, automobile and other manufacturing gap with our province's industrial structure is relatively high, which provides a good structural market opportunity for our province.