China News Service Taiyuan, December 20 (Yang Jing) Taiyuan Customs announced on the 20th that in the first 11 months of 2021, the import and export of goods in Shanxi Province was 204.14 billion yuan, a year-on-year increase of 58.1%, and the growth rate ranked third in the country.

  According to statistics from Taiyuan Customs, in the first 11 months of 2021, the total export value of Shanxi Province was 124.71 billion yuan, a year-on-year increase of 63.8%.

Among them, the export of integrated circuits has grown rapidly.

The export of integrated circuits in the first 11 months was 5.73 billion yuan, an increase of 781.7%.

On the whole, the export of electromechanical products in Shanxi Province was 101.16 billion yuan, an increase of 70.8%, accounting for 81.1% of the province's export value.

  In the first 11 months of 2021, the total import value of Shanxi Province was 79.43 billion yuan, a year-on-year increase of 49.8%.

Among them, imports of mechanical and electrical products such as imported integrated circuits and mobile phone parts (except antennas) have increased significantly, and imports of ferroalloys have decreased in price.

In the first 11 months, Shanxi Province imported 48.93 billion yuan of mechanical and electrical products, a year-on-year increase of 57.2%, accounting for 61.6% of the province’s import value.

  Imports and exports of processing trade accounted for more than half, the proportion of general trade declined, and bonded logistics grew rapidly.

In the first 11 months of 2021, the import and export of processing trade in Shanxi Province was 118.58 billion yuan, a year-on-year increase of 55.2%, accounting for 58.1% of the province's total foreign trade value.

General trade import and export was 65.7 billion yuan, an increase of 39.6% year-on-year, accounting for 32.2% of the province's total foreign trade value.

In the same period, the import and export of bonded logistics was 17.57 billion yuan, a year-on-year increase of 232.2%.

  The import and export of the comprehensive bonded zone and bonded logistics center grew rapidly.

According to customs data, from January to November 2021, the import and export of Taiyuan Wusu Comprehensive Bonded Zone was 33.92 billion yuan, an increase of 11.2 times year-on-year.

The import and export value ranks 32nd among the 145 comprehensive bonded zones in the country.

  Customs data shows that from January to November 2021, the province's foreign trade entities have experienced rapid growth in imports and exports, and private enterprises are particularly prominent.

In the first 11 months, the import and export of private enterprises in Shanxi Province was 71.83 billion yuan, a year-on-year increase of 170.5%, accounting for 35.2% of the province's total foreign trade value.

In the same period, the import and export of foreign-invested enterprises was 98.97 billion yuan, a year-on-year increase of 26.4%, accounting for 48.5% of the province's total foreign trade value.

The import and export of state-owned enterprises was 33.22 billion yuan, a year-on-year increase of 37%.

  In terms of international trade, in the first 11 months of 2021, Shanxi Province’s imports and exports to countries along the “Belt and Road” increased by more than 40%, accounting for nearly 50% of imports and exports with major trading partners, the United States, Japan, ASEAN, and the European Union. Imports and exports increased by more than 6 times.

In the first 11 months, Shanxi Province’s imports and exports to countries along the “Belt and Road” reached 44.43 billion yuan, a year-on-year increase of 45.3%, accounting for 21.8% of the province’s total import and export value.

  During the same period, Shanxi Province's import and export to RCEP countries was 63.25 billion yuan, a year-on-year increase of 95.3%, accounting for 31% of the province's total import and export value.

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