Shanghai's foreign trade amount in August hit a new high, and it maintained double -digit growth for two consecutive months

25.09.2022

Number of this text: 1560, reading time for about 3 minutes

Introduction: The industrial chain supply chain tends to repair, and the import and export continues to stabilize and rebound.

Author | First Finance Miao Qi

After the total value of imports and exports in July this year, it exceeded 400 billion yuan and reached a record high in a single month, and Shanghai's foreign trade amount reached a new high.

Official data show that in August 2022, the scale of foreign trade in Shanghai reached 414.97 billion yuan, an increase of 15.8%over the same period last year. Among them, exports were 174.27 billion yuan, an increase of 26.2%; imports were 240.7 billion yuan, an increase of 9.2%.

According to data from Shanghai Customs, exports to Africa, Europe, Latin America, and North America in August were all over 25%. Among the main export products in August, some steel, electromechanical products, and tablet computers, and plug -in hybrid passenger cars all showed multiple growths.

Autonomous brand car companies have become the vital force of my country's automobile exports. Among them, the sales volume of SAIC Group's overseas exports and overseas bases in the first August reached 579,900 units, an increase of 56.67%year -on -year. In August, SAIC Group's overseas sales reached 101,000 units, an increase of 65.7%year -on -year, accounting for nearly 20%of total sales.

As Shanghai entered the stage of comprehensively restoring normal production and living order in June, the supply chain of the industrial chain tended to repair, and import and exports continued to stabilize and rebounded.

In July of this year, Shanghai Foreign Trade continued to maintain a high -speed growth, and set a new record for the first time in a single -month trade volume in history. At the same time, exports and imports increased by 32.9%and 16.4%compared with the same period last year, all higher than the country.

In terms of exports, the export of computer communication industry continues to play a pillar role. According to the statistics of Shanghai Customs, in the first seven months of this year, the Shanghai Export laptop was 63.65 billion yuan, an increase of 26.1%over the same period last year (the same below), accounting for 7%of Shanghai's total export value. Among them, the exports were 15.23 billion yuan in July, a surge of 1.1 times, which increased significantly for two consecutive months.

In the first 7 months, the export of laptops in Shanghai showed two major characteristics: First, the proportion of exports of processing trade declined. The processing trade method exported 60.79 billion yuan, an increase of 22.4%, accounting for 95.5%of the total value of the Shanghai notebook computer export, and the proportion fell 2.9 percentage points. Secondly, the export of foreign -invested enterprises is absolutely dominated. The export of foreign -invested enterprises was 611.14 billion yuan, an increase of 22.6%, accounting for 96.1%, a decrease of 2.7 percentage points. Mainly exported to the United States and the European Union. The United States and the European Union exported 30.88 billion yuan and 13.95 billion yuan, respectively, an increase of 29.6%and 34.5%, respectively, accounting for 48.5%and 21.9%, respectively.

At the same time, the exports of new energy industry continued to export, and the export growth of lithium batteries and solar cells increased by 560.9%and 197.4%, respectively.

In terms of imports, in the first seven months of this year, the imports of high -end consumer goods led the growth rate. High -end consumer goods such as passenger cars, clocks, jewelry, and diamonds increased by 56.9%, 13.8%, 36%, and 14.7%, respectively. The production situation of key industries is better to drive the import of related raw materials and parts. The import circuits, semiconductor manufacturing equipment, and automatic data processing equipment of the computer communication industry increased by 23.2%, 42.2%, and 73.7%, respectively. Unexpectedly needed nickel iron and lithium carbonate imports increased by 216.3%and 37.1 times.

From July to August this year, Shanghai Foreign Trade has maintained double -digit growth for two consecutive months, and the import and export value has changed from a slight decrease in the first half of the year to a year -on -year increase of 4.8%. The contribution rate reached 15.9%. In the first eight months of this year, Shanghai's cumulative imports and exports reached 2.7 trillion yuan, accounting for about one -tenth of the total import and export of imports and exports in the same period.

Shanghai Port container throughput continues to maintain the world's first, reaching 26.848 million standard boxes from January to July, of which 4.33 million standard boxes in July, hitting a record high in the same period.

In order to continue to follow up and investigate the situation of foreign trade and serve the development of foreign trade in the country and Shanghai, Shanghai Customs continued to carry out research on key foreign trade enterprises in August and September.

At noon on September 23, the exchange rate of the RMB against the US dollar fell below the 7.1 mark at the shore, and continued to set a new low since June 2020. Xiao Xiao, director of Shanghai Hayfeou Craft Gift Marketing, told First Finance that the depreciation of the RMB increased the profits of foreign trade enterprises, and they were also settling. In order to "grab the order", Du Chuankui, the person in charge of Shanghai Xinye Industrial Co., Ltd., told First Finance that they are accurately calculating costs and actively looking for the most suitable price reduction ratio to attract customers and increase competitiveness.

Wei Jianguo, former deputy minister of the Ministry of Commerce and deputy director of the China International Economic Exchange Center, previously told the First Financial that although the global market demand has shrunk as a whole, the United States and the European Union's market dependence on China's supply chain is still very large, and it will even usher in the world. Nodes that rely on China to depend on China. Not only in Europe and the United States, Japan and South Korea, which have not had so much demand in the past, also had more demands. In this case, China's foreign trade will usher in the most critical period of this year. If the order in the third quarter is good, foreign trade in the fourth quarter of this year will be optimistic.

Bleak

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