In 2018, Qinghai'S Foreign Trade Grew Steadily, And South Africa Became The Largest Trading Partner.

Xining customs disclosed on 28 th that in 2018, Qinghai's foreign trade achieved steady growth, of which South Africa imports and exports value of 740 million yuan has become the province's largest trading partner, an increase of 1.6 times compared to the same period last year.

According to Xining customs statistics, in 2018, the total value of imports and exports reached 4 billion 820 million yuan (RMB, the same below) in Qinghai, an increase of 8.4% over the same period last year, of which 1 billion 710 million yuan was imported, 3 billion 110 million yuan was exported, and the trade balance was 1 billion 400 million yuan.

Xining customs staff said that in 2018, general trade still accounted for the dominant position of Qinghai's foreign trade mode, with a total import and export volume of 4 billion 240 million yuan, accounting for 88% of the total import and export value of the province.

The main imports are resource products and mechanical and electrical products, of which 720 million yuan is imported from copper ores and concentrates, the largest import commodity in the province, 130 million yuan for welding machines and parts, and no imports for the same period last year. The import and export of automatic control instruments and apparatus were 90 million 780 thousand yuan, 3.4 times higher than that of the same period last year.

At the same time, import of alumina, meat and chopsticks is also larger.

The main export commodities are ferroalloy, coke and semi coke, textiles, UN wrought aluminum and aluminum, clothing and accessories. Among them, the export of ferroalloy and coke and semi coke increased considerably, up 1.4 times and 1.7 times respectively.

"Analysis shows that the import and export of the whole province is still dominated by private enterprises, with an import and export value of 3 billion 510 million yuan, an increase of 8.9%, accounting for 72.8% of the total import and export value of the province in the same period.

The import and export value of state-owned enterprises was 1 billion 250 million yuan, an increase of 20.4% over the same period last year.

The value of imports and exports of foreign invested enterprises is 31 million 370 thousand yuan, and the value of imports and exports of collective enterprises is 25 million 980 thousand yuan.

Xining customs staff said.

Xining customs staff said that in addition, South Africa imports and exports value of 740 million yuan to become Qinghai's largest trading partner, an increase of 1.6 times compared to the same period last year.