According to the customs statistics, the imports and exports of Jilin Province totaled RMB￥ 99.71 billion from January to October 2016, marking a year-on-year increase of 1.1%, including exports of RMB￥ 22.85 billion, marking a year-on-year decrease of 5.3%, and imports of RMB￥ 76.85 billion, marking a year-on-year increase of 3.2%. In October alone, the imports & exports of Jilin Province were RMB￥ 9.47 billion, marking a year-on-year increase of 12%, including exports of RMB￥ 2.28 billion, marking a year-on-year increase of 2.5%, and imports of RMB￥ 7.19 billion, marking a year-on-year increase of 15.4%.
In US$, the imports and exports of Jilin Province totaled US$ 15.2 billion from January to October 2016, marking a year-on-year decrease of 4.8%. The exports totaled US$ 3.49 billion, marking a year-on-year decrease of 10.8%; the imports totaled US$ 11.72 billion, marking a year-on-year decrease of 2.8%. In October alone, the imports & exports of Jilin Province were US$ 1.42 billion, marking a year-on-year increase of 6.7%, including exports of US$ 340 million, marking a year-on-year decrease of 2.2%, and imports of US$ 1.08 billion, marking a year-on-year increase of 9.9%.
According to the customs statistics, the imports and exports of China totaled RMB￥ 19.56 trillion from January to October 2016, marking a year-on-year decrease of 1.9%, including exports of RMB￥ 11.22 trillion, marking a year-on-year decrease of 2.0%, and imports of RMB￥ 8.33 trillion, marking a year-on-year decrease of 1.8%. The imports & exports of Liaoning Province were RMB￥ 459.59 billion, marking a year-on-year decrease of 6%, including exports of RMB￥ 231.07 billion, marking a year-on-year decrease of 10.6%, and imports of RMB￥ 228.52 billion, marking a year-on-year decrease of 0.8%. The imports & exports of Heilongjiang Province were RMB￥ 85.36 billion, marking a year-on-year decrease of 22.1%, including exports of RMB￥ 27.86 billion, marking a year-on-year decrease of 36.1%, and imports of RMB￥ 57.5 billion, marking a year-on-year decrease of 12.9%.
From January to October 2016, of all the provinces and municipalities of China, Liaoning Province ranked 9th, Jilin Province 21st and Heilongjiang Province 24th in imports & exports.
I. Main features of imports and exports of Jilin Province from January to October 2016
1. Jilin Province’s foreign trade continued to show the stabilizing and picking-up trend. In October alone, the imports & exports of Jilin Province achieved a year-on-year growth of 12%, keeping its growth momentum for six consecutive months in its stabilizing and picking-up trend. From January to October, Jilin Province’s accumulative imports & exports grew by 1.1%, with the growth rate 1% higher than the average of the previous three quarters and 3% higher than the national average. It ranked two places higher over last year in terms of the imports & exports amount.
(The following data are based on US$ as the numeraire.)
2. The imports & exports of some regions grew well. From January to October, of the nine municipalities (prefectures), five realized growth in imports & exports, including Songyuan, Baicheng and Yanbian, whose imports & exports growth was 43.8%, 15.6% and 12% respectively, maintaining a good growth momentum, and also including Liaoyuan and Yanbian Prefecture, whose growth was 1.1% and 0.7% respectively, tending to stabilize. Changchun’s imports & exports dropped by 0.8%, also showing a sign of leveling off.
3. The imports & exports of mainstay enterprises were gradually recovering. From January to October, FAW’s imports & exports fell less than the provincial average. The four enterprises of the Continental Automotive Electronics (Changchun) Co., Ltd., the Hunchun Zijin Mineral Co., Ltd., the Jinlong Soybean Industry and the Changchun Dahe Biotech all maintained a good growth momentum, and their imports & exports amounts in total increased by US$ 520 million year-on-year, which strongly turned the declining tendency of the province’s imports & exports.
4. The exports of agricultural products remained stable in growth, and the declining " lang=EN-US>5. The imports from and exports to our major trade partners showed a declining trend. From January to October, Jilin Province’s imports from and exports to its major trade partners, such as Germany, Japan, the U.S.A., the ROK, Russia, Belgium, etc. indicated a declining trend. The decrease with the U.S.A., Russia and Belgium was over 20%. However, the imports from and exports to such emerging markets as Slovakia, Czech, Hungary, etc., maintained a promising momentum.
6. The processing trade realized growth, and private enterprises’ imports & exports proportion enlarged. From January to October, the processing trade was US$ 1 billion, down by 0.4%, accounting for 7.95 of the total value of imports & exports of Jilin Province, including exports of US$ 710 million, marking a year-on-year decrease of 7.8%, and imports of US$ 290 million, marking a year-on-year increase of 23.6%.
Jilin Province’s imports & exports of general trade were US$ 11.4 billion, marking a year-on-year decrease of 24.7%, including exports of US$ 1.94 billion, marking a year-on-year decrease of 14.9%, and imports of US$ 9.45 billion, marking a year-on-year decrease of 26.4%.
II. Several concerns about our province’s foreign trade
(I) The depression of imports & exports of major enterprises remains the critical factor to affect our province’s foreign trade. Though the decline of imports & exports of our has significantly narrowed, the five enterprises, namely, the Jilin Bolaide Industrial & Trade Company, the FAW Imports & Exports Company, the Tonggang Group, the China-Russia Frontier Trade Company and the Changchun Railway Car Company decreased their imports & exports value by net US$ 100 million on year-on-year basis, with the total net decrease being as much as US$ 790 million, which has an extremely huge adverse impact on the fulfillment of the annual target
(II) The imports of major bulk commodities like coal, steel, etc. have markedly recovered, and the prices of major imported commodities have universally dropped. The first 10 months witnessed obvious drops of international market prices of major commodities imported to Jilin Province, iron sand down by 6.7%, coal by 11.7%, and steel by 7.1%. Owing to the fact that the prices of imports went down, the accumulative amount of imports was obviously smaller than last year. For instance, accumulatively, the iron sand import volume fell by 11.3% over last year, and its import value was down by 24.8% accumulatively; the imports volumes of coal and steel went up apparently over last year, respectively reaching 27.9% and 21.8% in growth, but their import values dropped over last year, down by 24.0% and 3.6% respectively.
