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Xi'an reports 135b yuan in foreign trade in Jan-April

Updated: May 22, 2024 Print
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From January to April, the total value of foreign trade in Xi'an, capital of Northwest China's Shaanxi province, reached 135.05 billion yuan ($18.66 billion), marking an 8-percent increase compared to the previous year.

This growth rate surpassed the national average by 2.3 percentage points, with national imports and exports growing at 5.7 percent.

Of that, exports totaled 89.55 billion yuan, showing a notable increase of 11.5 percent, while imports reached 45.5 billion yuan, growing by 1.7 percent.

Among its trading partners, Xi'an saw significant growth in trade with South Korea, with imports and exports totaling 32.58 billion yuan, a substantial increase of 43.3 percent.

Trade with countries involved in the Belt and Road Initiative amounted to 76.78 billion yuan, showing a robust growth rate of 17.1 percent and accounting for 56.9 percent of the city's total imports and exports.

Xi'an's exports of mechanical and electrical products reached 80.05 billion yuan, growing by 10.5 percent and constituting 89.4 percent of the city's total exports.

Meanwhile, it imported 34.2 billion yuan of mechanical and electrical products, showing a substantial growth of 21.6 percent and representing 75.2 percent of the city's total imports.

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