Foreign trade formats and market structure were continuously optimized: the import and export in the first three quarters was 185.94 billion RMB

Recently, the reporter learned from Nantong Customs that in the first three quarters, our city’s total foreign trade import and export value was 185.94 billion yuan, ranking fourth in Jiangsu Province, accounting for 5.8% of the province’s total import and export value. Among them, exports totaled 125.38 billion yuan, up 1.5%. Behind the data, there is a feature of continuous optimization of foreign trade formats and market structure.

Foreign trade formats and market structure were continuously optimized: the import and export in the first three quarters was 185.94 billion RMB
Foreign trade formats and market structure were continuously optimized: the import and export in the first three quarters was 185.94 billion RMB

Data show that in the first three months, the general trade toughness with relatively higher added value and more self-development ability was further revealed, with imports and exports reaching 133.3 billion yuan, accounting for 71.7% of the total value of imports and exports. Emerging trade formats such as market procurement and cross-border e-commerce continued to grow steadily.

Judging from the market structure, the process of diversification of trading partners continues to advance. The biggest bright spot is the obvious growth trend towards ASEAN and the countries along the “the belt and road initiative”, with import and export of 25.53 billion yuan and 59.14 billion yuan respectively, up 5.6% and 7.3% respectively, both faster than the overall growth rate. In addition, the EU’s growth rate for traditional markets was significant, up 22.6%.

Judging from the types of products, the export of traditional advantageous products is basically stable, among which textiles rose slightly by 3%, while electromechanical products and petrochemical products declined slightly. Imports increased or decreased with each other. Natural gas was still the largest product, up 14.8%, accounting for 30.8% of the total value of imports. Imports of integrated circuits fell 40.9%.

 

Original Artical,Author:China Trade Agent,if repost,please give references :https://offers-bg.com/trade-formats-and-market-structure/

Like (1)
Previous November 9, 2019 6:29 pm
Next November 9, 2019 6:35 pm

Relevant Recommendation

  • Central first! In the first three quarters, Henan’s total foreign trade value reached 366.72 billion RMB

    Core tips On October 17, the reporter learned from Zhengzhou Customs that in the first three quarters of this year, the total value of foreign trade import and export in Henan Province was 366.72 billion yuan, the same as that in the same period last year, ranking first in the central region. Of this, 236.49 billion yuan was exported and 130.23 billion yuan was imported. In September, imports and exports reached 72.55 billion yuan, a 12-month high. In the first three quarters, Henan’s foreign trade totaled 366.72 billion yuan. In the first three quarters, Henan’s foreign trade showed four bright spots. The structure of foreign trade continued to be optimized. General trade imports and exports with long industrial chain and high value-added rate reached 145.45 billion yuan, up 7.2%, accounting for 39.7% of the total foreign trade value in the same period. The number of foreign trade enterprises has further increased. With the continuous optimization of the province’s business environment and steady improvement of trade facilitation level, the number of foreign trade enterprises in Henan Province has increased, with 8,007…

    November 9, 2019
    8440
  • N95/KN95 Masks Air Purifying Dust Pollution Vented Respirator Face Mask Mouth Masks

    N95/KN95 Masks Air Purifying Dust Pollution Vented Respirator Face Mask Mouth Masks In Stock Mask Packaging 5 PCS (+$15.00) 10 PCS (+$25.00) 20 PCS (+$35.00) Description for Product : Length: 5.9inch/15cm    Width: 5.1inch/13cm    Height: 1.2inch/3cm  Weight: 0.9oz/25g The United States and Canada:Arrival in  about 5-8 Business Days Introductions: Cover the nose and mouth and hang the ear straps on both sides of the mask on the ear; Fix the bridge of the nose in a nose to prevent dirty air from entering; Pull the mask to the lower jaw to create a three-dimensional breathing space. Best wear time is 8 hours. Widely used in the hospitals, restaurants, beauty salons, nail shops, pet shops gray sky, fog weather, and cleaning as well as other environments that require respiration. Features:1. Disposable KN95 masks, breathable, anti-dust, sanitary and convenient for using2. 95% filtration, a 360-degree three dimensional breathing space, provide anti-bacterial and anti-dust protection for you3. Made of high quality material, safe, soft and comfortable, reduce skin irritation4. High elastic rubber band, absorb sweat and not tight5. Folding thin section, lightweight…

    March 24, 2020
    1.6K0
  • To develop the North American market, foreign traders must understand this knowledge

    Core tip: North America has the largest purchasing power in the global consumer market, and the import demand is quite large. How can we give up the North American market for foreign trade? However, the competition in the North American market is also very fierce, and the supply of products is basically saturated. To develop North American customers, one must be familiar with this market and be good at using some skills and tools in order to have efficient returns. In the global consumer market, North America’s purchasing power is second to none, and the import demand is quite large. How can foreign trade abandon the North American market? However, the competition in the North American market is also very fierce, and the supply of products is basically saturated. To develop North American customers, one must be familiar with this market and be good at using some skills and tools in order to have efficient returns. Combined with years of foreign trade experience, first popularize the characteristics of North American market: 1. Single language and culture Apart from Quebec, Canada,…

    November 9, 2019
    6470
  • China’s Foreign Trade Developed Steady in the First 10 Months

    According to customs statistics, in the first 10 months of this year, the total value of China’s import and export of goods was trillion yuan, up from the same period last year, continuing the steady development trend. Among them, the export was trillion yuan, up; Imports dropped by 1 trillion yuan. The trade surplus is trillion yuan, expanding. In October, China’s total import and export value was 1 trillion yuan. Among them, the export was trillion yuan, up; Imports dropped by 1 trillion yuan. Li Kuiwen, Director of the Statistics and Analysis Department of the General Administration of Customs, said that the growth of international economy and trade has slowed down since this year, but China’s domestic economy has been running smoothly and the toughness of foreign trade import and export has increased. The import and export in a single month has remained at a high level of over 1 trillion yuan for four consecutive months. In the first 10 months, China’s general trade increased and its proportion increased. General trade imports and exports totaled 1 trillion yuan, an increase…

    November 9, 2019
    7460
  • This is the key to whether foreign trader Google is used well or not

    Google search for customers is not a skill, but your thinking. Here, thinking is the first. Many foreign trade people Google does not work well because they have formed a mindset. I can’t open my mind, but I can’t work hard with tools. 01 questions from trainees Sam, hello! I would like to ask: Using Google to search for customers, on the premise that there is no problem in keyword matching, is the biggest factor affecting the search effect the setting of customer websites?In other words, taking your products as an example, we know from the customs data that most of the top 20 trading countries are developed countries. These local networks are developed and the information is transparent. Customers will also optimize some websites, so it will be easier to get corresponding customers through Google.If most of the top 20 countries are Asian, African and Latin American countries, customers in these countries may not pay enough attention to website construction and do not know what internet marketing is. Google search is not very effective in this situation. Because the…

    November 9, 2019
    5940
  • What kind of people are suitable for foreign trade?

    In doing foreign trade, the most important thing is performance, because when performance is good, one can stand upright in the company. When performance is good, one can be valued by the boss. When performance is good, one can earn more commission. After all, foreign trade people do not live on their face or their basic salary. Many people are asking, what kind of people are suitable for foreign trade, what kind of people are not suitable for foreign trade, such as: 1. Are girls suitable for foreign trade? First of all, we can be sure that sales are good or bad for both men and women, and many sales champions are just girls.Is introverted person suitable for foreign trade? Mike is an introverted person. For those who are not familiar with him, he cherishes words like gold. For those who are familiar with him, he speaks directly and never wastes time. No one asks you to drink and wrangle every day like a domestic trader. Is it suitable for people who do not speak good English to do foreign…

    November 9, 2019
    6040
  • What promotion methods are commonly used by foreign trade enterprises

    In the increasingly white-hot competition in the market, it is more and more difficult for overseas customers to develop. The spread of commercial information has resulted in a lot of foreign trade promotion information without effective market feedback. More promotion information is still “spilled water”. Some foreign trade promotion is even hard to hear the sound of splashing water. After customers ask about the price, they find no news. In a society of survival of the fittest and in a market of such brutal competition, we need to pay attention to all matters concerning foreign trade. From the foreign trade website, foreign trade collection, foreign trade promotion and even freight, we all need to do our best. Details determine success or failure! Today, Global Express’s foreign trade customer development software will show you some common ways to promote our foreign trade: I. mail promotion Mail promotion can be said to be the most common way to promote foreign trade. Many foreign trade personnel use mail addresses obtained from various means to develop customers through foreign trade promotion letters. E-mail promotion…

    November 9, 2019
    7730
  • Zhang Lan of Hunan Foreign Trade Vocational College: Explaining the Nature of Teachers by Being a Teacher and Warming up Students with Love

    Zhang Lan (3rd from left) is guiding students to practice. Red Net Time reporter Zheng Tao Changsha reports “She is full of positive energy and makes people feel warm and at ease.” “She works very hard and is also very responsible. She would rather take on more responsibilities than give others any trouble.” “She is intellectual, considerate and like her sister” … These warm-hearted evaluations all point to the same person-Zhang Lan, School of Electric Business, Hunan Vocational College of Foreign Trade, and “Lanjie”, which is often mentioned by students of the school. As the youngest full-time teacher of the E-commerce College, Zhang Lan is steadfast and steady in her work, and always takes the initiative to undertake the affairs of the College. She devotes herself to her work, makes no complaint or regret, actively explores and innovates her ideas, deeply deepens the excellent qualities of hard-working, earnest, careful and willing to contribute in her job, is recognized by the superior leadership, is recognized by the majority of colleagues, and has won the titles of “advanced individual” and “excellent party…

    November 12, 2019
    6400
  • N95 KN95 Masks Air Purifying Dust Pollution Vented Respirator Face Mask Mouth Masks

    N95 KN95 Masks Air Purifying Dust Pollution Vented Respirator Face Mask Mouth Masks In Stock Mask Packaging 5 PCS (+$20.00) 10 PCS (+$30.00) 20 PCS (+$50.00) Description for Product : Length: 5.9inch/15cm    Width: 3.9inch/10cm    Height: 2inch/5cm   Weight: 0.7oz/20g Ship from China About shipment This item can ship to the following nine countries  from China.The United States, Canada:Arrival in  about 5-8 Business Days Features:1. Disposable KN95 masks, breathable, anti-dust, sanitary and convenient for using2. 95% filtration, a 360-degree three dimensional breathing space, provide anti-bacterial and anti-dust protection for you3. Made of high quality material, safe, soft and comfortable, reduce skin irritation4. High elastic rubber band, absorb sweat and not tight5. Folding thin section, lightweight and easy to use Specifications:1. Name: KN95 Protective Mask2. Color: White3. Material: Non-woven Fabric4. Filtering Rate: ≥95% (0.075μm Particles)5. Protection Class: KN956. Applicable Object: Adults7. Note: Chinese KN95 equals American N95 Package Includes:KN95 Masks Introductions:Cover the nose and mouth and hang the ear straps on both sides of the mask on the ear; Fix the bridge of the nose in a nose to prevent dirty…

    March 24, 2020
    1.2K0
  • Ministry of Commerce: China’s Total Foreign Trade Share in International Market Increases 10 Times in 40 Years

    China’s foreign trade share in the international market increased from less than 1% to 11.8% Zhong Shan said that taking the opportunity of joining the World Trade Organization in 2001, China’s foreign trade has achieved great-leap-forward development and its trade structure has been continuously optimized, making important contributions to China’s economic and social development. The Foreign Trade Report shows that China’s total import and export of goods increased from US$ 20.64 billion in 1978 to US$ 4.62 trillion in 2018, becoming the world’s largest country in goods trade, increasing its share of the international market from less than 1% to 11.8%. Among them, exports increased from US$ 9.75 billion to US$ 2.48 trillion and imports increased from US$ 10.89 billion to US$ 2.14 trillion. The total import and export volume accounts for the first and second shares respectively in the world. Since 2009, China has been the world’s largest exporter of goods and the second largest importer of goods for 10 consecutive years. China’s total service import and export rose from US$ 4.69 billion in 1982 to US$ 791.9 billion…

    November 9, 2019
    6490