General

According to customs statistics, in the first two months of 2023, the import and export of Shandong Province reached 463.85 billion yuan, up 3.2% year on year. Among them, exports reached 277.53 billion yuan, up 6.7%; The import was 186.32 billion yuan, down 1.5%. The growth rate of import and export, export and import of Shandong's foreign trade is higher than the national level in the same period. Among the top six major foreign trade provinces and cities (Guangdong, Jiangsu, Zhejiang, Shanghai, Beijing and Shandong), Shandong's import and export, export and import growth rates are ranked second, second and fourth respectively.

Qingdao ranked first, with the import and export growth rate of more than 30% in Rizhao, Linyi and Jining. According to customs data, in the first two months, Qingdao's import and export amounted to 124.49 billion yuan, accounting for 26.8% of the total import and export value of Shandong Province in the same period, ranking the first in the province's foreign trade import and export. During the same period, the import and export of 11 cities in the province maintained a positive growth. Among them, the growth rate of Rizhao, Linyi and Jining exceeded 30%, reaching 59.9%, 50.3% and 31.6% respectively.

Processing trade grew rapidly and bonded logistics declined slightly. In the first two months, the import and export of general trade in Shandong Province reached 303.51 billion yuan, up 0.8%, accounting for 65.4% of the total import and export value, down 1.6 percentage points. During the same period, the import and export of processing trade was 82.19 billion yuan, up 23.4%; The import and export of bonded logistics was 69.36 billion yuan, down 5%.

The import and export of private enterprises increased rapidly and the proportion increased. In the first two months, the import and export of private enterprises in Shandong Province reached 338.01 billion yuan, up 7.1%, accounting for 72.9% of the total import and export value, up 2.6 percentage points. During the same period, the import and export of foreign-invested enterprises reached 89.57 billion yuan, up 0.6%; The import and export of state-owned enterprises reached 36.14 billion yuan, down 18.3%.

The import and export to ASEAN and Russia grew rapidly, and the proportion of import and export to countries along the "the Belt and Road" increased significantly. According to customs data, in the first two months, ASEAN, the United States, Russia, the European Union, South Korea and Japan were the top six trading markets in Shandong Province, accounting for 61.6% of the total import and export value. Among them, for ASEAN, 82.87 billion yuan, up 23.1%; 47.82 billion yuan to the United States, down 10%; For Russia, 45.68 billion yuan, up 88.8%; 43.1 billion yuan to the EU, down 1.3%; For South Korea, 38.95 billion yuan, down 3.3%; For Japan, 27.38 billion yuan, down 6.1%. Over the same period, the import and export to countries along the "the Belt and Road" reached 186.62 billion yuan, an increase of 21.1%, accounting for 40.2% of the total import and export value, 5.9 percentage points higher; Import and export to other members of the RCEP reached 171.64 billion yuan, up 10.3%, accounting for 37% of the total import and export value, up 2.4 percentage points.

The export of mechanical and electrical products grew rapidly, and the export of labor secrets and agricultural products operated steadily. According to customs data, in the first two months, the export of mechanical and electrical products in Shandong Province was 129.49 billion yuan, up 18.7%, accounting for 46.7% of the total export value. Among them, auto parts and accessories were 19.3 billion yuan, up 7.7%; Game consoles were 17.95 billion yuan, up 137.5%; Electrical equipment was 7.31 billion yuan, up 17.3%. During the same period, the export of labor secret products was 49.13 billion yuan, up 1.3%; The export of agricultural products was 20.64 billion yuan, up 0.9%.

Customs data showed that the import volume of crude oil increased and the price fell, the import volume of iron ore decreased and increased, the import of mechanical and electrical products decreased slightly, and the import of agricultural products increased by double-digit. In the first two months, Shandong imported 14.245 million tons of crude oil, up 9.2%, with a value of 52.27 billion yuan, down 4.3%, and the average price of 3669.4 yuan per ton, down 12.4%; The import of iron ore was 14.865 million tons, down 7.8%, with a value of 11.05 billion yuan, down 4.7%, and the average price was 743.6 yuan per ton, up 3.4%. During the same period, the import of mechanical and electrical products was 33.11 billion yuan, down 1.1%; The import of agricultural products was 24.19 billion yuan, up 23.2%.