Affected by the epidemic in the first quarter, Guangdong's foreign trade decreased by 11.8%

(Fighting against New Coronary Pneumonia) Affected by the epidemic in the first quarter, Guangdong's foreign trade decreased by 11.8%

　　China News Agency, Guangzhou, April 20 (Tang Guijiang, Chen Lin, Tang Bing) The General Administration of Customs Guangdong Branch released the latest statistics on the 20th. In the first quarter of 2020, Guangdong ’s foreign trade import and export volume was 1.37 trillion yuan (RMB, the same below), compared with last year Over the same period fell by 11.8%.

　　According to reports, in March, Guangdong's import and export situation has improved. In March, Guangdong's imports and exports were 525.04 billion yuan, a year-on-year decrease of 5.9%, a decrease of 9.1 percentage points from January to February.

　　In the first quarter, Guangdong's general trade accounted for more than 50%, and new trade formats increased against the trend. In the first quarter, Guangdong's general trade imports and exports reached 685.97 billion yuan, down 12.1% year-on-year; processing trade was 385.6 billion yuan, down 25.6% year-on-year. In the same period, Guangdong ’s cross-border e-commerce imports and exports reached 13.09 billion yuan, a year-on-year increase of 4.7%.

　　Private companies have seen a smaller decline, showing greater resistance to risks. In the first quarter, the import and export of Guangdong's private enterprises amounted to 745.56 billion yuan, a year-on-year decrease of 2.9%, which was 8.9 percentage points lower than the overall decline. The proportion of imports and exports in Guangdong province rose to 54.4%.

　　ASEAN surpassed Hong Kong in China to become Guangdong's largest trading partner. In the first quarter, Guangdong ’s imports and exports to ASEAN amounted to 218.97 billion yuan, up 7.7% year-on-year; to Hong Kong, China 190.29 billion yuan, down 19% year-on-year; ASEAN surpassed Hong Kong to become Guangdong ’s largest trading partner. During the same period, Guangdong ’s imports and exports to the EU amounted to 147.43 billion yuan, a year-on-year decrease of 12.4%; to the United States, 125.65 billion yuan, a year-on-year decrease of 28.2%. In addition, imports and exports to countries along the “Belt and Road” reached 365.94 billion yuan, an increase of 1.9%.

　　The data also shows that in the first quarter, electromechanical products and labor-intensive products were the main export commodities of Guangdong. Over the same period, commodities such as iron ore, coal and natural gas imported from Guangdong increased significantly, up 21.3%, 72.5% and 29.4% year-on-year respectively. (Finish)