Armenia's Foreign Trade Data Dropped Sharply From 1 To February

In March 31st, the Armenia National Bureau of statistics released data showing that the total import and export volume from 1 to February was 590 million US dollars, down 28% from the same period last year. Among them, Export volume For us $163 million, it fell by 25.2% compared to the same period last year, and imports amounted to US $429 million, down 28.6% from the same period last year. The trade deficit reached US $266 million, and the trade deficit was US $200 million at the FOB price. Among them, the trade volume between Asia and Russia was 139 million US dollars, down 35.4% compared with the same period last year, and the trade volume with the EU was 148 million US dollars, down 35.6% compared with the same period last year. According to statistics, from 1 to February, the export volume of sub mineral products was 56 million 600 thousand US dollars, down 5.4% compared with the same period last year. products Exports amounted to US $42 million 400 thousand, down 11% from the same period last year, and food exports were US $26 million 100 thousand, down 44% from the same period last year. Imported On the other hand, imports of mineral products amounted to US $135 million, down 13% compared to the same period last year. Imports of machinery and equipment and tools amounted to US $51 million 200 thousand, down 20.2% from the same period last year. The imports of base metals and their products amounted to US $37 million 500 thousand, down 3.3% compared to the same period last year (the US dollar and the DRAM average exchange rate of 1:471.21).

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According to Shantou customs statistics, since the start of China ASEAN Free Trade Area in 2010, the proportion of ASEAN's ten countries in Shantou's total trade import and export has increased from 13.9% in 2010 to 19.1% in 2014. Since 2011, ASEAN has surpassed the United States to become Shantou's largest trading partner. Its cumulative bilateral trade volume reached 46 billion 640 million yuan (RMB) in the past 2010-2014 years and 5 years. In 2010 -2014, the average annual growth rate of Shantou and ASEAN trade reached 12.7%, which was 8.6 percentage points higher than that of Shantou's foreign trade in the same period. ASEAN has become the main growth point of Shantou's foreign trade.

In the first 2 months of 2015, Shantou's import and export value to ASEAN was 1 billion 830 million yuan, up 5.7% over the same period last year. Of them, exports were 1 billion 100 million yuan, an increase of 16.8%, and imports of 730 million yuan, a decrease of 7.5%, accounting for 21.3% of the total import and export value of Shantou in the same period.

Data show that private enterprises are the backbone of Shantou's trade with ASEAN. In the 2010-2014 year, the total import and export value of Shantou's private enterprises to ASEAN was 33 billion 850 million yuan, accounting for 72.6% of the total value of Shantou's imports and exports to ASEAN in the same period, with an average annual growth rate of 18.8%, accounting for 79.7% from the 64.5% in 2010 to 79.7% in 2014. Over the same period, the status of the general trade mode has been increasing. Shantou has increased the total import and export volume of ASEAN by 37 billion 360 million yuan in general trade mode, with an average annual growth rate of 17.2%, representing a further increase from 75.2% in 2010 to 87.9% in 2014. The import and export status of foreign investment enterprises and processing trade patterns showed a downward trend.

From the point of view of trade commodity structure, since 2010, toys and textiles and clothing have always maintained the top 2 export commodities to ASEAN in Shantou, accounting for about 5 of the total two, and Shantou accounts for about 2 of the export of electromechanical products to ASEAN. On the import side, the proportion of primary plastic products as the main import commodities increased from 39% in 2010 to 49.6% in 2014, indicating that the downstream industries such as toys developed faster in Shantou, and the other main imports were coal and lignite, which maintained a positive growth for 5 consecutive years.

Customs analysis shows that although ASEAN trade leads Shantou's foreign trade, the challenges and opportunities still exist in the future. On the one hand, some of the main economic entities in ASEAN are large, small and scattered, and their economic development is greatly influenced by external environment. In recent years, capital flight, stock market decline and financial market turbulence have a more obvious impact on ASEAN economy. At the same time, ASEAN countries have great differences in policy environment, port clearance and other aspects, which will increase the difficulty and risk of "going out". On the other hand, in March 28th, the national development and Reform Commission, the Ministry of foreign affairs and the Ministry of Commerce jointly issued the "vision and action to promote the construction of the Silk Road Economic Belt and the maritime Silk Road in twenty-first Century", and put forward "strengthening the port construction of 15 cities in Shanghai, Tianjin, Shantou, Qingdao and other coastal areas". It clears up the important node status of Shantou in the "one belt and one road", and coordinates with the construction of the overseas Chinese economic and cultural cooperation experimental area. Shantou will have more "articles" to ASEAN trade.

The Shantou customs will respond to local development needs, focus on implementing the "three mutual" and promote the construction of large customs clearance, and steadily promote the reform of regional customs integration, customs inspection cooperation, "three one", no customs clearance and other reform projects, promote customs clearance, and further strengthen port management, do business support work, and strengthen Customs Statistics services, so as to promote Shantou's foreign trade development.