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Foreign Trade from Jan to May Registered 100.36 Billion Yuan in Nantong
updated on:2019-07-02 08:52

Stats released by Nantong Customs on 26 June showed that foreign trade volume in Nantong from January to May this year stood at RMB 100.36 billion, down by 0.9% over the same period last year and ranking the 4th across the province which roughly took up 5.9% of Jiangsu’s total. The export registered RMB 67.5 billion, ranking the 5th in Jiangsu; while the import hit RMB 32.86 billion, ranking the 4th in Jiangsu.

From January to May, Nantong has witnessed a slight increase in import and export of general trade, which totaled RMB 77.2 billion, up by 2.8%, and took up 71.9% of the total foreign trade in Nantong. Export of cross-border e-commerce skyrocketed 3.8 times to reach RMB 130 million, exceeding the total amount of that in last year. During the same period, import and export of processing trade stood at RMB 21.97 billion, down by 20.5% and took up 21.9% of the total foreign trade.  

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