General

According to foreign trade data, in the first two months of 2023, Qingdao's import and export amounted to 124.49 billion yuan, down 5.9% from the same period last year, accounting for 26.8% of the total import and export value of Shandong Province in the same period, ranking first in the province. According to foreign trade data, export was 71.61 billion yuan, down 10%; Import was 52.88 billion yuan, up 0.4%. It ranks fifth after Shenzhen, Ningbo, Guangzhou and Xiamen among the 15 sub-provincial cities in China.

The import and export of general trade dominated, and the processing trade increased slightly. In the first two months, Qingdao's import and export of general trade amounted to 84.16 billion yuan, down 5.6%, accounting for 67.6% of the city's total import and export value. During the same period, the import and export of bonded logistics was 20.8 billion yuan, down 4.5%; Import and export of processing trade reached 17.73 billion yuan, up 6.7%.

The import and export of private enterprises maintained growth and the proportion increased. Foreign trade data showed that in the first two months, the import and export of private enterprises in Qingdao amounted to 88.45 billion yuan, up 0.9%, accounting for 71% of the total import and export value, up 4.7 percentage points. During the same period, the import and export of foreign-invested enterprises reached 20.55 billion yuan, down 18.1%; The import and export of state-owned enterprises reached 15.46 billion yuan, down 20.2%.

ASEAN, the United States and the European Union are the top three trading markets. In the first two months, ASEAN, the United States and the European Union were the top three trading markets in Qingdao. Among them, Qingdao's import and export to ASEAN amounted to 19.3 billion yuan, up 0.2%, accounting for 15.5% of the total import and export value; Import and export to the United States reached 14.46 billion yuan, down 13.1%, accounting for 11.6% of the total import and export value; Import and export to the EU amounted to 13.36 billion yuan, down 9.5%, accounting for 10.7% of the total import and export value; During the same period, imports and exports to South Korea and Japan were 9.82 billion yuan and 9.06 billion yuan, down 25.8% and 13% respectively. In addition, imports and exports to other members of the RCEP amounted to 44.02 billion yuan, down 10%; The import and export to countries along the "the Belt and Road" reached 42.08 billion yuan, up 4%; Import and export to other SCO member countries reached 11.8 billion yuan, up 34.8%.

The export of agricultural products has maintained growth, while labor-intensive products have declined significantly. According to foreign trade data, in the first two months, Qingdao exported 33.79 billion yuan of mechanical and electrical products, down 4.5%, accounting for 47.2% of the city's total export value. Among them, TV sets, cars and ships increased by 27%, 34% and 42.9% respectively, while containers and refrigerators decreased by 64.6% and 37.3% respectively. During the same period, the export of labor-intensive products was 13.44 billion yuan, down 23.2%; The export of agricultural products was 6.43 billion yuan, up 5.9%. In addition, the export of high-tech products reached 5.91 billion yuan, an increase of 16%.

The import of agricultural products and mechanical and electrical products supported the growth, and the volume of crude oil and iron ore decreased and increased. According to foreign trade data, in the first two months, Qingdao imported 12.36 billion yuan of agricultural products, up 33.3%, accounting for 23.4% of the city's total import value; Among them, the import of meat was 4.31 billion yuan, up 87.9%. During the same period, the import of mechanical and electrical products was 8.14 billion yuan, up 10.6%. Among them, integrated circuits increased by 30.3%, and automatic instruments and instruments for measurement, detection and analysis increased by 44.8%. In addition, the import of metal ore and rubber was 6.01 billion yuan and 3.05 billion yuan, up 4.9% and 40.7% respectively; The import volume of crude oil and iron ore decreased by 40.5% and 14.1% respectively, and the price increased by 3.6% and 11% respectively.