Sichuan's Foreign Trade Up by Nearly 30% in the First Two Months
The People's Government of Sichuan Province2021-03-17

In the first two months of 2021, Sichuan's total import and export value of trade in goods totaled 125.06 billion yuan, ranking 9th in China, with a year-on-year growth of 29%. The export value reached 71.79 billion yuan, up 47.3%, and the import value amounted to 53.27 billion yuan, a rise of 10.4%.

Statistics from Chengdu Customs District P.R.CHINA show that in the two months, Sichuan's exports to Europe, the US, Japan and South Korea increased by 85.2% year on year. The export of "stay-at-home economy" based products like tablet computers and laptops to these countries and regions rose by 110.7%.

With the good domestic economic situation, domestic demand keeps rebounding, and continuous release of the market demand accelerates the growth of imports. Data show that the import of key components and resource commodities increased significantly. The import of integrated circuit, iron ore and coal rose by 15.7%, 37.3% and 207.3% year on year respectively. As the demand for consumer goods for people's livelihood is rising, the grain and the dried &fresh melons &fruits and nuts achieved growth of 50.7% and 314.6% respectively.

Besides, private enterprises' import and export growth rate was 20.6 percentage points higher than the overall growth rate of foreign trade in the two months, becoming an important driving force of Sichuan's foreign trade growth. From January to February, the number of departures and arrivals of Chengdu's international trains saw a rise of 50%. According to the relevant person in charge of Chengdu International Railway Port, the reason why the number of international trains continues to climb lies in the unremitting improvement of the domestic and foreign channel networks and the continuous services offered to local enterprises for going global. At present, the railway port is building an "Asia-Chengdu-Europe" industrial alliance together with 13 cities (prefectures), including Deyang, Dazhou, Luzhou and Yibin. They're also slated to promote the establishment of the cooperation model of "export settlement at the port, production and processing in the cities (prefectures)", which is expected to help Sichuan achieve an average annual import and export trade of more than 12 billion U.S. dollars.