Fujian maintains 14th monthly growth in exports to BRICS

2018-05-21

Fujian's exports growth momentum to BRICS held up in April, with double-digit expansion for the 14th consecutive month, statistics from Xiamen Customs show.

 

The province's total imports and exports to BRICS topped 8.2 billion yuan ($1.29 billion) in April, up 24.8 percent year-on-year. Exports rose by 35 percent to stand at 3.62 billion yuan and imports surged by 17.9 percent to 4.59 billion yuan.

 

In the first four months of this year, Fujian's total imports and exports to BRICS topped 29.4 billion yuan, up 14.1 percent year-on-year, with exports up 45.6 percent to 14.01 billion yuan while imports were down 4.5 percent to 15.47 billion yuan.

 

Specifically, the province's total imports and exports to Brazil amounted to 9.21 billion yuan in the January-to- April period, up 12 percent year-on-year. The figure rose by 29 percent for India to stand at 8.18 billion yuan and by 22.8 percent for the Russia at 5.74 billion yuan. However, it dropped by 3.7 percent to 6.35 billion yuan for South Africa.

 

Mechanical & electrical products as well as traditional labor-intensive products play a major part in Fujian's exports to BRICS, accounting for 73.3 percent of its total exports to BRICS during the January-April period.

 

In particular, mechanical & electrical products topped 5.3 billion yuan on a year-on-year growth of 42.2 percent, and traditional labor-intensive products reached 4.9 billion yuan, up 32.1 percent.

 

Traditional labor-intensive products include textiles, furniture, luggage bags, shoes, plastic goods, toys, and similar items.

[ Web editor:Wu Jianhan, Robin Wang    Source:chinadaily.com.cn ]