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Foreign trade of Tianjin's Binhai New Area up 6.5% in Jan-Aug

Updated: Oct 9, 2020 Xinhua Print
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A bird's-eye view of the Tianjin Port on Aug 14, 2019. [Photo/Xinhua]

TIANJIN -- Foreign trade of Binhai New Area of North China's port city of Tianjin rose 6.5 percent to 354.12 billion yuan (about $52.2 billion) in the first eight months of this year, local authorities said.

During the period, Binhai's exports reached 119.43 billion yuan, up 13.7 percent year-on-year, while its imports totaled 234.69 billion yuan, up 3.2 percent, according to Tianjin customs.

In August alone, the area's imports and exports reached 47.88 billion yuan, up 16 percent year-on-year.

During the January-August period, the European Union, ASEAN, the United States, the Republic of Korea and Japan were the top five trading partners of Binhai New Area.

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