According to statistics released by Zhangjiagang Customs recently, Zhangjiagang’s foreign trade in the first 8 months of this year totaled 183.26 billion yuan, among which exports were 104.37 billion yuan, an increase of 10.1% over the same period last year (similarly hereinafter). So far, Zhangjiagang’s exports have achieved year-on-year growth for 20 consecutive months.
Zhangjiagang’s imports and exports with the ASEAN have maintained steady growth. In the January-August period, the ASEAN remained Zhangjiagang’s largest trading partner. The city’s imports and exports with the ASEAN members grew by 19% to 30.58 billion yuan, accounting for 16.7% of the city’s total during the same period.
In the first eight months this year, the export value of clothing and accessories reached 12.36 billion yuan, up by 0.6%, accounting for 11.8% of the city’s total. The export growth rates of furniture and home appliances reached 11.6% and 22.9% respectively, showing the sustained vitality of the traditional manufacturing sector. Meanwhile, the export of technology-intensive “Three New Products” represented by electric vehicles, lithium batteries and photovoltaic products showed a positive trend. The export value of these products increased by 3.7% to 8.37 billion yuan, accounting for 8% of the city’s total.
The export of mechanical and electrical products has maintained a high growth trend. From January to August, the export value of mechanical and electrical products from Zhangjiagang rose by 17.3% to 33.84 billion yuan, accounting for 32.4% of the city’s total. Among them, the export values of electrical equipment, general mechanical equipment, and packaging machinery grew by 39.3%, 46.3% and 42.8% to 1.84 billion yuan, 1.12 billion yuan and 1.03 billion yuan, respectively.
