In the first half of 2023,ShanghaisTotal value reached 2.09 trillion yuan,a year-on-year increase of 11.4%,9.3 percentage points higher than the national growth rate.This import and export scale set a new historical record for the same period,demonstrating ShanghaisResilience.

Among various enterprises,private enterprises performed particularly well.In the first half of the year,there were 51,000 foreign trade enterprises in Shanghai with actual import and export activities,an increase of 6.5%.Among them,the total import and export value of private enterprises reached 640.98 billion yuan,an increase of 20.7%,accounting for 30.6% of the citys total import and export value and contributing 51.1% to the citys foreign trade growth.

Meanwhile,bonded logistics also showed strong growth momentum.In the first half of the year,the total import and export value of bonded logistics in Shanghai reached 534.97 billion yuan,an increase of 28.5%,accounting for 25.6% of the citys total import and export value,with a growth rate 17.1 percentage points higher than the overall rate.

Shanghais import and export with its major trading partners also showed steady progress.In the first half of the year,the total import and export value with the EU reached 430.46 billion yuan,an increase of 16.2%,accounting for 20.6% of the citys total import and export value.Meanwhile,import and export with ASEAN,the US,Japan,and Australia also increased.

In export products,the "New Three" categories of mechanical and electrical products exhibit robust export momentum.In the first half of the year,mechanical and electrical product exports reached 589.59 billion yuan,marking a 22% increase and accounting for 69.7% of the city’s total export value.Among these,electric passenger vehicles,lithium batteries,Exports of the "new three" items,including batteries,surged by 171.8%,189.7%,and 62.6% respectively.

Among imported products,consumer goods performed relatively well.In the first half of the year,consumer goods imports reached 283.27 billion yuan,marking a 16.4% increase and accounting for 22.7% of the city’s total import value.Notably,imports of essential goods such as passenger vehicles,healthcare products,dairy products,edible aquatic products,and edible oils saw significant growth.

The above content is sourced from Shanghai Customs.As a one-stop importThe service provider can provide customized import and export solutions for various industries.If you need foreign trade import and export agency services,please feel free to contact our company for business consultation.The consultation hotline is 139 - 1787 - 2118.