According to Beijing Customs statistics, in the first three quarters of 2021, the import and export of Beijing (including central units in Beijing) was 2.23 trillion yuan, an increase of 28.5% over the same period last year (the same below), higher than the national import and export growth rate of 5.8 percentage points in the same period.
In September, the import and export of Beijing was 277.63 billion yuan, an increase of 31.9%, and the scale of import and export in a single month hit a record high. Among them, imports of 219.58 billion yuan, an increase of 25.1%, a single month import scale after August to a new high; exports of 58.05 billion yuan, an increase of 66.3%, a single month export scale ranked the second highest in history. From the quarterly situation, the import and export scale of Beijing from the first to the third quarter was 682.5 billion yuan, 745.85 billion yuan and 805.27 billion yuan respectively, showing a quarter-by-quarter growth trend, reflecting the resilience and rebound of Beijing's foreign trade after the epidemic.
Beijing's imports and exports to its major trading partners continued to grow. In the first three quarters, the imports and exports of the top five trading partners in the Beijing region, the European Union (excluding the United Kingdom), ASEAN, the United States, Australia, and Saudi Arabia, increased by 13.2%, 29.6%, 78%, 23.4%, and 37.3% respectively. In the same period, the import and export of Beijing to the Belt and Road countries was 897.04 billion yuan, an increase of 14.6%, accounting for 40.2% of the total import and export value of the Beijing area in the same period; the import and export of RCEP countries was 501.04 billion yuan, an increase of 23.2%, accounting for 22.4%.
Imports of energy products accelerated. In the first three quarters, the top five imported commodities in Beijing were crude oil, automobiles, agricultural products, natural gas, iron ore and their concentrates, which increased by 28.7%, 31.1%, 41.8%, 30.5% and 38.7% respectively, and the total value of the five commodities accounted for 68.4% of the total import value of Beijing in the same period.
However, since August, the import of automobiles and auto parts in Beijing has continued to decline, with imports of cars 17.26 billion yuan in September, down 17.2%, and imports falling by 29.3%; imports of auto parts and accessories of 3.09 billion yuan, down 9.9%.
The monthly export of integrated circuits and auto parts hit a record high. In the first three quarters, Beijing ranked among the best export commodities such as refined oil, integrated circuits, and steel products, with an increase of 4.5%, 41.3%, and 6.3% respectively. In September, the export of integrated circuits and auto parts in Beijing increased significantly, with exports of 2.05 billion yuan and 1.42 billion yuan respectively in the month, an increase of 85.7% and 49.2% respectively, and the export scale of a single month hit a record high.
Source Beijing Daily
Reporter Yuan Lu
Process Editor Wu Yue
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