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From January to May, Zhejiang's total import and export value was 1.98 trillion yuan, an increase of 8.4% year-on-year (the same below), of which exports were 1.46 trillion yuan, an increase of 8.8%, and imports were 518.16 billion yuan, an increase of 7.4%.
The scale of import and export, export and import ranks 3rd, 2nd and 6th in the country, accounting for 11.8%, 15.2% and 7.2% of the national share, an increase of 0.4, 0.1 and 0.4 percentage points.
In May, the import and export of Zhejiang Province continued to grow. Imports and exports were 424.29 billion yuan, an increase of 8.9%, of which exports were 307.43 billion yuan, an increase of 5.0%, and imports were 116.86 billion yuan, an increase of 20.7%.
From January to May, the main characteristics of Zhejiang foreign trade import and export are as follows:
Emerging markets continue to exert strength. From January to May, Zhejiang's imports and exports to ASEAN, the Middle East, Latin America and Africa were 278.70 billion yuan, 229.00 billion yuan, 200.27 billion yuan and 156.46 billion yuan, respectively, an increase of 13.7%, 14.1%, 18.9% and 30.9%. 43.7% of the province's total import and export value, an increase of 3.5 percentage points, driving the province's foreign trade growth rate by 7.1 percentage points. Among them, exports to Africa were 127.04 billion yuan, an increase of 34.6%, accounting for 8.7% of the province's total, an increase of 1.7 percentage points, and imports were 29.42 billion yuan, an increase of 17.1%, accounting for 5.7% of the province's total, an increase of 0.5 percentage points.
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