According to customs statistics, in the first five months, Jiangmen’s foreign trade import and export value was 83.72 billion yuan, a year-on-year increase of 4.7% (the same below); of which, exports were 72.08 billion yuan, an increase of 5%; imports were 11.64 billion yuan, an increase of 2.4%.
General trade accounts for more than 80%.
In the first five months, Jiangmen’s import and export through general trade was 68.37 billion yuan, an increase of 8.2%, accounting for 81.7% of the city’s total import and export value in the same period (the same below); processing trade import and export was 14.98 billion yuan, a decrease of 9.5%, accounting for 17.9%; bonded logistics import and export was 290 million yuan, an increase of 31.3%.
This shows that general trade occupies a dominant position in Jiangmen’s foreign trade and maintains a good growth momentum, while processing trade faces certain challenges and needs further adjustment and optimization.
The import and export of private enterprises is improving steadily.
In the first five months, the import and export of Jiangmen private enterprises was 50.55 billion yuan, an increase of 9.4%, accounting for 60.4%; the import and export of foreign-invested enterprises was 32.14 billion yuan, a decrease of 2.8%, accounting for 38.4%; the import and export of state-owned enterprises was 970 million yuan, an increase of 34.7%.
During the same period, the import and export of national-level specialized and new enterprises reached 1.2 billion yuan, an increase of 5.3%.
The outstanding performance of private enterprises shows their vitality and competitiveness in the market, and has become an important force in promoting the development of Jiangmen’s foreign trade.
The structure of trading partners is balanced and cooperation continues to deepen.
In the first five months, Jiangmen’s top five export markets were the European Union (11.32 billion yuan, an increase of 9.3%), Hong Kong (10.11 billion yuan, an increase of 4.1%), and ASEAN (99
.1 billion yuan, an increase of 15.2%), the United States (8.03 billion yuan, a decrease of 1.3%), and Australia (2.41 billion yuan, an increase of 22.1%). The above export markets together accounted for 58% of the city’s total export value.
The top five import sources are ASEAN (3.01 billion yuan, an increase of 11.1%), the European Union (1.48 billion yuan, an increase of 5.2%), Taiwan (1.44 billion yuan, an increase of 30.1%), Brazil (1.05 billion yuan, a decrease of 17.5%), and Japan (1.05 billion yuan, an increase of 67.1%). The above import sources together account for 69.1% of the city’s total import value.
During the same period, Jiangmen’s imports and exports to countries co-building the “Belt and Road” were 40 billion yuan, an increase of 3.7%; its imports and exports to Africa were 7.86 billion yuan, an increase of 29.5%; and its imports and exports to the Middle East were 5.51 billion yuan, a decrease of 14%.
This diversified trading partner structure helps reduce market risks and expand international market space.
The export of motorcycles and high-tech products has seen steady growth.
In the first five months, Jiangmen’s top five export commodities were household appliances (8.52 billion yuan, a decrease of 14.2%), motorcycles (8.09 billion yuan, an increase of 13.1%), and printed circuits (38
.7 billion yuan, an increase of 10.5%), textiles and clothing (3.53 billion yuan, a decrease of 5.2%), and ships (3.11 billion yuan, an increase of 21.2%). The total export value of the above-mentioned commodities accounted for 37.6% of the city’s total export value.
During the same period, Jiangmen City exported 52.16 billion yuan of mechanical and electrical products, an increase of 4.1%, accounting for 72.4%; exported 9.36 billion yuan of high-tech products, an increase of 9.2%; exported 8.44 billion yuan of labor-intensive products, an increase of 0.6%.
The double-digit growth in the export of motorcycles and ships, as well as the good export trend of high-tech products, reflect the upgrading of Jiangmen’s industry and the improvement of its innovation capabilities.
The import demand for coal and integrated circuits is strong.
In the first five months, Jiangmen’s top five imported commodities were integrated circuits (1.69 billion yuan, an increase of 23.9%), pulp (1.65 billion yuan, a decrease of 20.3%), and coal (890 million yuan).
yuan, an increase of 46.9%), primary-shaped plastics (730 million yuan, a decrease of 34.3%), and agricultural products (700 million yuan, a decrease of 11.7%). The total import value of the above-mentioned commodities accounted for 48.6% of the city’s total import value.
The growth in imports of coal and integrated circuits reflects the development needs of related industries in Jiangmen.
