Xi'an's import and export value grows in H1

In the first half of this year, Xi'an's total import and export value was 230 billion yuan ($32.04 billion), a year-on-year increase of 12.6 percent, 9.7 percentage points higher than the national rate.

Exports amounted to 160.54 billion yuan, a year-on-year increase of 17.1 percent, while imports amounted to 69.46 billion yuan, a year-on-year increase of 3.3 percent.

The import and export of processing trade totaled 107.62 billion yuan, representing a year-on-year increase of 1.6 percent, and accounting for 46.8 percent of the city's total. General trade imports and exports totaled 85.8 billion yuan, representing a 31.5 percent increase. The import and export value of bonded logistics amounted to 27.83 billion yuan.

Xi'an's import and export values to the Association of Southeast Asian Nations, the European Union, and Malaysia were 37.87 billion yuan, 31.1 billion yuan, and 20.06 billion yuan, year-on-year increases of 30.9 percent, 53.4 percent, and 53.1 percent, respectively.

The imports and exports to countries involved in the Belt and Road Initiative reached 124.34 billion yuan, a 1.1 percent increase year-over-year, accounting for 54.1 percent of Xi'an's total.

The import and export of Xi'an's foreign-invested enterprises reached 140.19 billion yuan, a year-on-year increase of 14.8 percent. The value of private enterprises reached 77.13 billion yuan, representing a 2.6 percent year-on-year increase, while the value of State-owned enterprises reached 11.94 billion yuan, representing an 84.8 percent year-on-year increase.

The export of electromechanical products, including integrated circuits, automobiles, and automatic data processing equipment, was 141.95 billion yuan, a year-on-year increase of 16.1 percent, accounting for 88.4 percent of Xi'an's total.

Other major export commodities include agricultural product exports of 2.15 billion yuan, with a year-on-year increase of 21.7 percent, and steel exports, which amounted to 2.8 billion yuan, representing a year-on-year increase of 465.6 percent. The export of plastic products reached 970 million yuan, a year-on-year increase of 22.4 percent.

The import of electromechanical products, which includes integrated circuits and semiconductor manufacturing equipment, totaled 49.69 billion yuan, representing a year-on-year increase of 0.2 percent and accounting for 71.5 percent of Xi'an's total import value.

Other major imported goods include metal ores and mineral sands, totaling 4.67 billion yuan, representing a year-on-year increase of 17.9 percent. Imports of agricultural products amounted to 1.84 billion yuan. Coal and lignite imports reached 1.83 billion yuan, a year-on-year increase of 31.9 percent.