On Dec. 21, the reporter learned from Quzhou Customs that the total value of Quzhou’s foreign trade import and export from January to November was 64.74 billion yuan, an increase of 18.1% over the same period last year (the same below). Among them, exports were 40.88 billion yuan, up 12.2%, and imports were 23.86 billion yuan, up 29.8%. Quzhou’s export and import growth rate ranked first in Zhejiang province, and its growth rates of import & export, export, and import were higher than the average growth rate of the province by 13.7%, 8.7% and 23% respectively.

Quzhou’s solar cell exports grew rapidly, and imports of paper pulp and its products increased significantly. In the first 11 months, exports of electromechanical products amounted to 10.18 billion yuan, an increase of 13.2%, accounting for 24.9% of the total value of Quzhou’s exports in the same period, 0.2% higher than the same period of the previous year, of which exports of solar batteries reached 1.43 billion yuan, an increase of 62.4%, pulling the city’s export growth up by 1.5%; exports of paper pulp and its products amounted to 3.53 billion yuan, an increase of 13.8%. In terms of imports, imports of paper pulp and its products accounted for 6.4 billion yuan, an increase of 73.6%, accounting for 26.8% of the total, pulling the city’s imports up by 14.8%; imports of metal ores and mineral sands accounted for 2.33 billion yuan, an increase of 24.5%, of which imports of iron ore and its concentrates accounted for 2.2 billion yuan, an increase of 63.1%, pulling the growth of imports by 4.6%. In addition, imports of coal and lignite grew by 69.4%.

ASEAN remains Quzhou’s largest trading partner, and imports and exports to the U.S. grew exponentially in a single month in November. From January to November, Quzhou’s imports and exports to the top four trading partners, i.e. ASEAN, South Korea, EU and Brazil, amounted to 16.17 billion yuan, 8.65 billion yuan, 6.5 billion yuan and 5.6 billion yuan, an increase of 52.2%, 30%, 10.1% and 49.3% respectively; Quzhou’s imports and exports to the U.S. has witnessed double-digit and above growth rate growth for four consecutive months, and the import and export growth rate for a single month in November reached 103.3%. The city’s exports to South Korea, EU and ASEAN were 8.04 billion yuan, 5.61 billion yuan and 5.35 billion yuan respectively, up 22.2%, 10.7% and 27.5%. Imports from Indonesia and Brazil amounted to 9.81 billion yuan and 4.54 billion yuan, an increase of 73.5% and 74.5% respectively. In addition, the imports and exports to countries building the “Belt and Road” was 38.44 billion yuan, an increase of 20.2%, accounting for 59.4% of the city’s imports and exports, 1% higher than the same period last year; the imports and exports to RCEP member countries was 28.26 billion yuan, an increase of 37.6%.

The number of enterprises with solid import and export records is increasing rapidly, and private enterprises play the leading role of foreign trade. From January to November, Quzhou had 1,280 enterprises with import and export records, an increase of 10.4%.The import and export value of the city’s private enterprises reached 52.07 billion yuan, an increase of 18.2%, of which export was 30.92 billion yuan, an increase of 11.7%, and import was 21.15 billion yuan, an increase of 29.2%; the value of imports & exports, exports and imports accounted for 80.4%, 75.6% and 88.6% of the city’s total respectively.The import and export conducted by foreign-funded enterprises reached 10.14 billion yuan, an increase of 37.7%, of which exports grew by 36.2% and imports by 41.9%, higher than the city’s average growth rate by 19.6, 24.1 and 12%.