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Xinjiang ports see healthy growth of imports and exports in 2018

(People's Daily Online)    14:39, February 15, 2019

Urumqi Customs in northwest China’s Xinjiang Uygur Autonomous Region said they handled 291.5 billion yuan of imports and exports to and from 36 countries along the Belt and Road routes in 2018, up 13.5 percent from the same period of last year, accounting for 98.2 percent of Xinjiang’s total trade volume in the same period.

The agency added that the data included 152.1 billion yuan worth of exports and 139.4 billion yuan worth of imports, representing a 0.7 percent and a 31.7 percent increase respectively.

Xinjiang ports saw healthy growth of imports and exports between China and the Belt and Road countries as a whole, dominated by the general trade category that maintained rapid growth. Imports and exports of products under the general trade category rose 34.3 percent to 198.1 billion yuan in 2018.

Kazakhstan and Russia were the top two countries in trade with Xinjiang in 2018. Its trade with Kazakhstan increased 3.5 percent to 104.85 billion yuan, accounting for 36 percent of all its trade with the Belt and Road countries, followed by Russia at 37.5 percent to 61.3 billion yuan, accounting for 21 percent.

Xinjiang’s trade with some European countries also witnessed rapid growth. Its respective trade with Armenia, Spain, Czech Republic, Slovakia, Hungary, and Bulgaria grew over two times from a year earlier.

In 2018, Xinjiang ports mainly exported mechanical and electrical products and labor-intensive products to countries along the Belt and Road routes, and imported energy resources products from those countries.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Hongyu, Bianji)

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