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In April 2019, Guangdong's foreign trade import and export reached 575.69 billion yuan, an incre

  • Author:Kyrie
  • Release Date:2019-06-05
According to the statistics of the Guangdong Branch of the General Administration of Customs, from January to April this year, the total value of Guangdong's foreign trade imports and exports was 2.12 trillion yuan (the same below), an increase of 0.8% over the same period of last year, ending the decline in the first quarter.


The Guangdong Branch of the General Administration of Customs introduced on the 2nd that Guangdong’s exports and imports both achieved growth in April this year, with imports reversed for two consecutive months. In April, Guangdong's foreign trade import and export was 575.69 billion yuan, an increase of 6% year-on- Affected by the reduction of the VAT rate since April 1, the import volume in April was 235.63 billion yuan, an increase of 8.5%.



The import and export of general trade increased and the proportion increased, and the cross-border e-commerce growth exceeded 60%. From January to April, Guangdong's general trade import and export was 1.08 trillion yuan, accounting for 50.7% of Guangdong's foreign trade import and export; processing trade import and export was 698.48 billion yuan, accounting for 32.9%. In addition, the import and export of cross-border e-commerce was 23.7 billion yuan, a substantial increase of 62.2% year-on-year.



The proportion of private enterprises' import and export continues to increase. From January to April, the import and export of private enterprises in Guangdong was 1.07 trillion yuan, a year-on-year increase of 5.4%, accounting for 50.2% of Guangdong's foreign trade import and export, accounting for 2.2 percentage points. The import and export of foreign-invested enterprises was 919.18 billion yuan, accounting for 43.3%; the import and export of state-owned enterprises was 132.81 billion yuan.



Exports of electromechanical products have grown, and the number of products has declined slightly. From January to April, Guangdong exported 884.69 billion yuan of mechanical and electrical products, a year-on-year increase of 1.4%. The export of labor-intensive products was 20,070.3 billion yuan, a year-on-year decrease of 0.5%.



The customs said that from January to April, Guangdong's foreign trade is gradually stabilizing and the quality of foreign trade is constantly improving. With the implementation of a series of steady growth measures such as national tax reduction and fee reduction, it will form a strong support for Guangdong's foreign trade.