General

According to statistics from Shanghai Customs, the total import and export value of Shanghai in the first four months of this year was 1.39 trillion yuan, an increase of 13.5% year-on-year (the same below), 7.6 percentage points higher than the national average. Among them, exports reached 558.65 billion yuan, an increase of 16.3%; Import reached 834.57 billion yuan, an increase of 11.6%.

In April, imports and exports resumed to the same level as in 2021. In April, Shanghai's import and export reached 346.63 billion yuan, an increase of 57.9% year-on-year and 0.4% year-on-year. Among them, imports amounted to 195.04 billion yuan, a year-on-year increase of 30% and a decrease of 11.9% compared to the same period in 2021; The export reached 151.58 billion yuan, an increase of 117.7% year-on-year and 22.3% year-on-year compared to the same period in 2021.

Foreign invested enterprises account for over half of the total. According to customs data, in the first four months, Shanghai had 47000 foreign trade enterprises with import and export performance, an increase of 4.7%. Among them, the import and export of foreign-invested enterprises reached 81.1.18 billion yuan, an increase of 6.5%, accounting for 58.2% of the total import and export value of the city; The import and export of private enterprises reached 426.81 billion yuan, an increase of 24.6%, accounting for 30.6% of the total import and export value of the city; The import and export of state-owned enterprises reached 152.91 billion yuan, an increase of 24.8%, accounting for 11% of the city's total import and export value.

The growth rate of bonded logistics import and export is the highest. In the first four months, Shanghai's general trade import and export amounted to 826.83 billion yuan, an increase of 14.1%, accounting for 59.3% of the city's total import and export value. During the same period, the import and export of bonded logistics reached 36.538 billion yuan, an increase of 29.2%, accounting for 26.2% of the total import and export value of the city; The import and export of processing trade reached 191.62 billion yuan, a decrease of 9.7%.

Achieve import and export growth for all major trading partners. According to customs data, in the first four months, Shanghai's import and export to its largest trading partner, the European Union, amounted to 285.8 billion yuan, an increase of 18.9%, 5.4 percentage points higher than the overall growth rate, accounting for 20.5% of the city's total import and export value. During the same period, imports and exports to ASEAN, the United States, and Japan amounted to 178.65 billion, 158.02 billion, and 130.6 billion yuan, respectively, an increase of 4.2%, 7%, and 11.5%, accounting for 33.5% of the city's total import and export value. The import and export growth of other RCEP member countries was 10.6%, accounting for 33.2% of the city's total import and export value; Import and export to countries along the "the Belt and Road" increased by 8.3%, accounting for 22.3% of the city's total import and export value.

The export of the "new three samples" has significantly increased. According to customs data, in the first four months, Shanghai exported 389.87 billion yuan of mechanical and electrical products, an increase of 21%, accounting for 69.8% of the city's total export value. Among them, the exports of electric manned vehicles, lithium batteries, and solar cells increased by 153.5%, 274%, and 92.2%, respectively; The export of integrated circuits increased by 10.1%, while the export of mobile phones and laptops decreased by 2.9% and 42.7% respectively.

Consumer goods imports have recovered and resumed growth. According to customs data, in the first four months, Shanghai imported 191.03 billion yuan of consumer goods, an increase of 18.4%, accounting for 22.9% of the city's total import value. Among them, the import of pharmaceutical materials, drugs, and automobiles increased by 56.2% and 32.3% respectively, while the import of consumer goods closely related to people's lives, such as cosmetics, meat, dairy products, and fruits, increased by 11.4%, 8.1%, 55.9%, and 10.2% respectively. During the same period, bulk resource commodities such as iron ore, coal, and natural gas were imported at 45.53 billion, 7.72 billion, and 7.04 billion yuan, respectively, an increase of 20.8%, 50.8%, and 3.1%.