Quzhou's imports, exports exceed 20b yuan in Jan-April
Quzhou's imports and exports were valued at 21.62 billion yuan ($3.06 billion) from January to April, a year-on-year increase of 41.1 percent, according to Quzhou Customs.
Exports were valued at 13.41 billion yuan, an increase of 28.2 percent, while imports were valued at 8.21 billion yuan, up 68.7 percent. The growth rate of imports and exports continued to rank first in Zhejiang province.
Data showed that trade with Brazil reached 2.23 billion yuan, a whopping increase of 172 percent year-on-year, and imports from Brazil reached 1.89 billion yuan, a surge of 250.7 percent year-on-year.
Benefiting from the Regional Comprehensive Economic Partnership (RCEP), trade between Quzhou and ASEAN member states maintained rapid growth. During the period, total trade between Quzhou and RCEP member countries reached 9.06 billion yuan, a year-on-year increase of 81.6 percent.
Meanwhile, the city's trade with countries involved in the Belt and Road Initiative rose 115.7 percent year-on-year to 8.79 billion yuan.
Exports of mechanical and electrical products such as solar cells were valued at 620 million yuan, an increase of 131.4 percent. Exports of pulp paper and related products were valued at 1.3 billion yuan, up 28 percent, while exports of high-tech products were valued at 1.09 billion yuan, up 43.2 percent.
Pulp imports were valued at 2.64 billion yuan, an increase of 160.1 percent and accounting for 32.2 percent of the city's total imports. Metal ore and ore sand imports amounted to 560 million yuan, surging 102.7 percent. Primary shaped plastics and leather fur products saw huge increases of 520.9 percent and 178.5 percent, respectively.