Shanghai Port Has Further Deepened The Import And Export Decline Of Developed Economies.

The latest statistics of Shanghai Customs show that the import and export volume of Shanghai ports has further deepened to the developed economies, and the import and export of developing economies has dropped sharply. In the first 2 months of this year, the European Union, the United States and Japan remained the top three trading partners of Shanghai port, accounting for 57% of the total import and export volume of Shanghai port. Among them, Shanghai port imports and exports to the EU $16 billion 110 million, down 21.9% compared to the same period last year, imports and exports to the United States 12 billion 70 million U. S. dollars, down 21.7% compared to the same period, imports and exports to Japan 9 billion 250 million US dollars, down 26% over the same period last year. In the month of 2 month, the Shanghai port's import and export decline of the three developed economies increased 9, 11.9 and 6 percentage points respectively from the previous month. Similar to the decline in the import and export volume of developed economies, Shanghai port also saw a sharp decline in imports and exports to developing economies in 1-2 months. Among them, ASEAN imports and exports amounted to 5 billion 460 million US dollars, down 40.7% compared to the same period last year, and imports and exports to Latin America and Africa respectively 2 billion 970 million US dollars and US $1 billion 750 million, down 31.1% and 22.6% respectively from the same period last year. According to the type of enterprises, the import and export volume of foreign investment enterprises is the largest and the export of private enterprises is decreasing. In the first 2 months, foreign-invested enterprises, through the Shanghai port's import and export 39 billion 680 million dollars, reversed from a 22% increase in the same period last year to 32%, accounting for 60.4% of the total import and export volume in the same period. Among them, exports of US $25 billion 250 million, down 27.7% compared with the same period last year, and imports of US $14 billion 430 million, down 38.4% compared with the same period last year. During the same period, state-owned enterprises passed the import and export of Shanghai port for 12 billion 590 million US dollars, down 20.6% compared to the same period last year. The import and export of private enterprises was 11 billion 880 million US dollars, down 17.4% compared with the same period last year, of which, in February, exports were 2 billion 860 million US dollars, down 39.5% compared to the same period last year, a drop of 37.3 percentage points larger than that in January. More shoes and hat investment information, click here to enter the responsibility editor: Wang Xiaonan