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Foreign trade exports up 5.1% in June


Jul 19 2014

After hovering in a downturn, Shenzhen's foreign trade imports and exports have come out of an upward curve. Shenzhen Customs revealed yesterday that in June, Shenzhen's import and export value was 218.82 billion yuan, a year-on-year increase of 3.7%, the first month-on-year growth since May last year.

In June, Shenzhen's foreign trade exports were 130.21 billion yuan, an increase of 5.1%. Since the reversal of the decline last month, export growth has been achieved for the second consecutive month.

A number of Shenzhen enterprises have expanded their international markets with their own brands, driving the growth of general trade and optimizing the structure of foreign trade. According to customs statistics, in June, Shenzhen's general trade import and export volume was 86.44 billion yuan, an increase of 14%, accounting for 39.5% of the city's total foreign trade value. Shenzhen's exports to international markets such as Europe, America, and ASEAN are picking up, and its foreign trade prospects are promising. (Lin Peizhong)

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