Shanghai's foreign trade up 19% in H1

Xinhua | Updated:Jul 28, 2021

Shanghai's foreign trade grew 19 percent year-on-year to 1.88 \r\ntrillion yuan ($290.1 billion) during the first half of 202, customs \r\nauthorities said Tuesday.

In H1, exports in Shanghai rose by 9.6 percent to 703.78 billion yuan, while imports went up 25.4 percent to 1.18 trillion yuan.

Shanghai's foreign trade increased by 19.3 percent to 340.27 billion \r\nyuan in June. Its exports grew 10.9 percent while imports shot up by \r\n24.8 percent.

In the January-June period, the foreign trade of private enterprises \r\nin Shanghai reached 508.31 billion yuan, up 35.5 percent, accounting for\r\n 27 percent of the total trade value.

Trade of foreign-invested enterprises during the period was 1.16 \r\ntrillion yuan, an increase of 13.9 percent, taking up a 61.8-percent \r\nshare in the total.

The European Union continues to be Shanghai's top trading partner, \r\nwith bilateral trade up 27.8 percent to 384.38 billion yuan in H1.

copyright © Shanghai Municipal Commission of Commerce. All rights reserved. Presented by China Daily. 沪ICP备2021016245号-2