ASEAN Remains Hebei's Largest Trading Partner in First Three Quarters of This Year

Deep News10-22

In the first three quarters of this year, ASEAN continued to hold its position as Hebei Province's largest trading partner, with imports and exports reaching 65.89 billion yuan (RMB, same below), a year-on-year increase of 23.3%, according to Shijiazhuang Customs on October 22.

Statistics show that in the first three quarters, Hebei Province's total foreign trade imports and exports amounted to 598 billion yuan, up 24.8% year-on-year. Of this total, exports reached 362.84 billion yuan, growing 26.7% year-on-year, while imports stood at 235.16 billion yuan, up 22% year-on-year.

During the first three quarters, Hebei's imports and exports with Australia, the European Union, and Brazil reached 61.64 billion yuan, 55.21 billion yuan, and 47.75 billion yuan respectively, with year-on-year growth of 8.9%, 15.5%, and 14.7% respectively.

Trade exchanges with countries jointly building the "Belt and Road" continued to heat up, with imports and exports totaling 391.79 billion yuan, a year-on-year increase of 30.8%, accounting for 65.5% of the province's total imports and exports. Hebei's imports and exports with other Asia-Pacific Economic Cooperation (APEC) economies reached 290.01 billion yuan, up 28% year-on-year.

In addition, Hebei's exports of green products represented by "new three" items performed impressively, with exports reaching 27.84 billion yuan in the first three quarters, a year-on-year increase of 45.1%. Among them, electric vehicles, lithium-ion batteries, and photovoltaic products were exported at 22.5 billion yuan, 3.33 billion yuan, and 2 billion yuan respectively, with year-on-year growth of 40.1%, 1.8 times, and 2.8% respectively.

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