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Imports and exports in Shandong increase 40.1% year on year in first 7 months

2021/8/10 16:11:47   source:sdchina.com

According to customs statistics, the total import and export value in Shandong province in the first seven months reached 1.59 trillion yuan, an increase of 40.1% over the same period of last year and 37.8% over the same period of 2019. Separately, the total export value was 906.99 billion yuan, up 43% year on year and 45.8% higher than that of the same period of 2019. The total import value was 681.19 billion yuan, up 36.5% year on year and 28.3 % higher than that of the same period of 2019. The growth rates of the total import and export value, import value and export value in Shandong province are all higher than that of the national growth rate, and the above three growth rates all rank first among the top six major import and export provinces and municipalities.

In July, Shandong’s imports and exports reached 245.96 billion yuan, up 28.9% year on year and 40.1% higher than that of the same period of 2019. The export in July in the province was 149.02 billion yuan, up 39% year on year and 56.7% over the same period of 2019. The import in July in the province was 69.94 billion yuan, up 15.9% year on year and 20.5% over the same period of 2019.

In the past seven months, all cities in Shandong have seen import and export growth of more than 20%, with Dongying, Yantai and Tai’an leading the way. Qingdao took the lead in total import and export value in the province, with an increase of 39.3% to 473.64 billion yuan, accounting for 29.8% of the province’s total import and export value in the same period.

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