The total value of foreign trade imports and exports in many places hit a record high in 2023
Experts predict that foreign trade is expected to achieve steady growth this year
Reporter Han Yu
Recently, many places have announced their foreign trade import and export "report cards" for 2023, and the import and export scale of many places has reached a record high.
According to the "Guangdong Release" public account, in 2023, Guangdong Province's total foreign trade import and export value hit a record high, reaching 8.3 trillion yuan, a year-on-year increase of 0.3%.
The total value continues to rank first in the country's foreign trade, and its share in the country has risen to 19.9%.
As the core of the development of the Beijing-Tianjin-Hebei region, the Beijing region will also deliver an eye-catching foreign trade "report card" in 2023.
According to Beijing Customs statistics, in 2023, Beijing's total import and export value was 3.65 trillion yuan, a year-on-year increase of 0.3%, 0.1 percentage point higher than the national growth rate. The import and export scale exceeded 3 trillion yuan for the third consecutive year, setting a new record high. .
According to Shanghai Customs statistics, Shanghai's total import and export value in 2023 was 4.21 trillion yuan, also a record high.
Tian Lihui, dean of the Institute of Financial Development at Nankai University, said in an interview with a reporter from Securities Daily that the foreign trade import and export data released by various places show that the resilience and vitality of my country's foreign trade are gradually increasing.
In addition, this also shows that a series of policy measures to stabilize foreign trade are effective and provide support for foreign trade companies.
Judging from national data, my country's total import and export value will reach 41.76 trillion yuan in 2023, a year-on-year increase of 0.2%.
Among them, exports were 23.77 trillion yuan, an increase of 0.6%; imports were 17.99 trillion yuan, a decrease of 0.3%.
Foreign trade operations are generally stable, with an obvious improvement trend in the fourth quarter.
Looking at trends, Wang Lingjun, deputy director of the General Administration of Customs, introduced at a press conference held by the State Council Information Office on January 12 that the import and export scale in 2023 will increase quarter by quarter, with each quarter getting stronger.
It was 9.69 trillion yuan in the first quarter, and it was more than 10 trillion yuan in the second, third and fourth quarters.
In the fourth quarter, it was getting stronger month by month, with year-on-year growth of 0.8%, 1.3%, and 2.8% respectively. In December, it reached 3.81 trillion yuan, setting a new monthly high.
While the total value of foreign trade imports and exports in many places has hit new highs, export momentum has also shown rich and active characteristics.
For example, judging from the export of the "three new items" of electric passenger vehicles, lithium-ion batteries and solar cells, the total exports of Guangdong Province's "three new items" increased by 33.7%; Beijing's exports of electric passenger vehicles were 1.81 billion yuan, year-on-year. An increase of 12.7%. During the same period, the export of auto parts was 17.02 billion yuan, a year-on-year increase of 19.6%.
Looking at the national situation, my country's "three new" products will export a total of 1.06 trillion yuan in 2023, breaking through the trillion yuan mark for the first time, with a year-on-year growth of 29.9%. The export momentum reflects the move from Made in China to Created in China.
Regarding this year’s foreign trade import and export situation, Guo Yiming, investment advisory director of Jufeng Investment Consulting, predicted in an interview with a reporter from Securities Daily that with the shift in overseas monetary tightening policies and domestic stabilizing growth policies, my country’s import and export is expected to grow in 2024. Mild recovery.
Among them, from the perspective of imports, as domestic demand increases, as subsequent companies accelerate stocking and production, it is expected to drive a further rebound in imports.
"It is expected that the import and export trend will achieve stable growth this year." Tian Lihui said that supporting factors include increased global market demand, the continuous improvement of the competitiveness of my country's foreign trade companies, increased support for small and medium-sized enterprises, and the rapid development of new business formats such as cross-border e-commerce. development etc.
In addition, my country will continue to adopt a series of policy measures to stabilize foreign trade, which will also provide foreign trade enterprises with a more favorable policy environment and a more complete service system, further promoting the stable growth of foreign trade.
(Securities Daily)