According to customs data, in the first 10 months of this year, Qingdao's foreign trade import and export amounted to 738.78 billion yuan, up 6.7% year on year, accounting for 27.3% of Shandong's total import and export value in the same period, ranking first in the province. Among the 15 sub provincial cities in China, Qingdao ranks fifth in terms of foreign trade import and export value. In October, Qingdao's import and export amounted to 73.46 billion yuan, the same as the same period last year. In the first 10 months, the import and export of private enterprises in Qingdao reached 511.92 billion yuan, up 11.2%.
According to Qingdao Customs data, in the first 10 months of this year, Qingdao's foreign trade import and export amounted to 738.78 billion yuan, up 6.7% year on year, accounting for 27.3% of Shandong's total import and export value in the same period. Among them, the export was 435.25 billion yuan, up 10.9%; Imports reached 303.53 billion yuan, up 1.1%. Among the 15 sub provincial cities in China, Qingdao's import and export value ranks fifth after Shenzhen, Ningbo, Guangzhou and Xiamen.
In October, Qingdao's import and export amounted to 73.46 billion yuan, the same as the same period last year. According to customs data, the export was 39.93 billion yuan, down 7.6% year on year; Import was 33.53 billion yuan, up 10.7% year on year.
Import and export of general trade accounted for nearly 70%, and bonded logistics grew rapidly. In the first 10 months, Qingdao's general trade import and export amounted to 490.96 billion yuan, an increase of 3.9%, accounting for 66.5% of the city's total import and export value. Over the same period, the import and export of bonded logistics was 127.26 billion yuan, up 30.1%; The import and export of processing trade was 102.74 billion yuan, up 2.9%.
The proportion of imports and exports of private enterprises increased, and the imports and exports of state-owned enterprises grew rapidly. In the first 10 months, the import and export of private enterprises in Qingdao reached 511.92 billion yuan, an increase of 11.2%, accounting for 69.3% of the city's total import and export value, 2.8 percentage points higher than the same period last year; Over the same period, the import and export of foreign-invested enterprises reached 130.38 billion yuan, down 8.3%; The import and export of state-owned enterprises reached 96.26 billion yuan, up 8.8%.
ASEAN, the United States and the European Union are the top three trade markets, maintaining rapid growth towards ASEAN.
According to customs data, in the first 10 months, Qingdao's imports and exports to ASEAN and the United States were 138.55 billion yuan and 84.45 billion yuan respectively, up 28.1% and 4.3% respectively, accounting for 18.8% and 11.4% of the total import and export value; Import and export to the EU reached 78.52 billion yuan, down 3.5%, accounting for 10.6% of the total import and export value. Over the same period, imports and exports to South Korea and Japan were 62.54 billion yuan and 53.8 billion yuan, up 7.7% and 5.7% respectively. In addition, the import and export to other RCEP member countries reached 288.43 billion yuan, up 10.4%; Import and export to countries along the "the Belt and Road" reached 255.37 billion yuan, up 22%; Imports and exports to other SCO member countries reached 47.42 billion yuan, up 29.5%.
Exports of mechanical and electrical products, labor-intensive products and agricultural products all maintained rapid growth. According to customs data, in the first 10 months, Qingdao exported 195.77 billion yuan of mechanical and electrical products, an increase of 4%, accounting for 45% of the city's total export value, driving export growth by 1.9 percentage points. Among them, auto parts, automobiles and ships increased by 18.7%, 140.8% and 160.2% respectively. Over the same period, the export of labor-intensive products reached 92.8 billion yuan, up 13.4%; The export of agricultural products was 35.17 billion yuan, up 16.3%. In addition, the export of basic organic chemicals was 11.69 billion yuan, up 100.1%.
Crude oil imports fell and prices rose, iron ore imports fell at the same time, agricultural products imports remained stable, and mechanical and electrical products imports declined. In the first 10 months, Qingdao imported 62.99 billion yuan of crude oil, an increase of 46.4%, a decrease of 2.7% in imports and a rise of 50.6% in prices; The import of iron ore was 21.37 billion yuan, down 52.4%, the import volume decreased 31.9%, and the price decreased 30.1%; The import of natural and synthetic rubber was 11.42 billion yuan, up 40.5%, the import volume increased 31.9%, and the price increased 6.5%. Over the same period, the import of agricultural products reached 60.45 billion yuan, up 1.8%. In addition, the import of mechanical and electrical products was 43.78 billion yuan, down 12.6%. Among them, integrated circuits reached 10.98 billion yuan, up 62.2%; Automatic control instruments and instruments for measurement, detection and analysis were 4.46 billion yuan, up 12%.