Electrical Equipment / Components & Telecoms

On the 22nd, Harbin Customs released information that in the first five months of this year, the total value of imports and exports of goods in Heilongjiang Province was 74.3 billion yuan (RMB, the same below), an increase of 10.2% year-on-year (the same below). Among them, exports were 15.84 billion yuan, an increase of 13.3%; imports were 58.46 billion yuan, an increase of 9.4%.

"Except for the EU, all major trading partners have achieved rapid growth." According to the relevant person in charge of Harbin Customs, in May, the total import and export value of Heilongjiang Province was 16.49 billion yuan, an increase of 60.2%. In the first five months of this year, the total trade value between Heilongjiang Province and Russia was 47.96 billion yuan, an increase of 8%, accounting for 64.5% of the total foreign trade value of Heilongjiang Province. Among them, exports to Russia were 3.49 billion yuan, a decrease of 2.3%; imports from Russia were 44.47 billion yuan, an increase of 8.9%. The total value of trade with the EU (excluding the United Kingdom) was 3.92 billion yuan, a decrease of 3.9%. The total value of trade with the United States, New Zealand, ASEAN, and Brazil increased by 29.3%, 48.4%, 37%, and 84.4% respectively.

Mechanical and electrical products have contributed to the growth of the total export value, and the export of agricultural products is still showing a downward trend. In the first five months, Heilongjiang Province exported 6.78 billion yuan of mechanical and electrical products, an increase of 17.6%; exports of labor-intensive products were 2.8 billion yuan, an increase of 11.6%; and exports of agricultural products were 2.29 billion yuan, a decrease of 12.2%. In addition, the export of anti-epidemic materials, mainly masks, protective clothing and protective gloves, was 290 million yuan, a decrease of 74.9%.

Among the main imported commodities, the volume and prices of crude oil and soybeans have risen, the volume of natural gas and logs have risen and the price has fallen, and the volume of iron ore has fallen and the price has risen. Soybean imports were 1.092 million tons, an increase of 46.8%, and average import prices rose by 19.5%; natural gas imports were 3.94 billion cubic meters, an increase of 185.8%, and average import prices fell 42%; log imports were 2.467 million cubic meters, an increase of 48%, and average import prices fell. 1.2%; iron ore imports were 2.634 million tons, down 17.2%, and the average import price rose 70.2%.