According to Nanjing Customs District, in the first eight months of this year, imports and exports between Jiangsu Province and BRICS countries reached RMB 417.23 billion, up by 9.7% year-on-year.

On September 22, a batch of indigo dyestuff worth RMB 1.76 million was successfully shipped to Brazil by Jiangsu Taifeng Chemical Co., Ltd. “For every 10 pairs of blue jeans produced in the world, 6 of them are dyed with our company’s indigo dyestuff.” Said by Li Yue, foreign trade specialist of Taifeng Chemical. Under the facilitation of BRICS cooperation mechanism, the company has improved its cooperation with Brazil, and the value of the company’s exports to Brazil from January to August this year amounted to RMB 60 million.

At present, the global consumer electronics market shows a steady upward trend, especially in the BRICS countries, and the demand for cell phones, tablets and other consumer electronic products increased. On September 24, Suzhou Mflex Electronics Co., Ltd. exported a batch of soft line connector components worth USD 340,000 to India. “From January to August this year, the value of the company’s products sold to BRICS countries amounted to USD 55.85 million, an increase of 295% year-on-year.” Introduced by Sun Xiaozhong, director of the company’s logistics department.

Jiangsu enterprises and BRICS countries are also continuously deepening pragmatic cooperation in infrastructure. A few days ago, 51 tons of disposable polystyrene resin produced by Wuxi Xingda Paosu New Materials Co., Ltd. were shipped to Saudi Arabia. The product, commonly known as polyethylene foam, is used in building thermal insulation and highway and railway construction. Saudi Arabia is an important destination for China’s international contracting projects. “The demand of foreign markets is in a period of recovery, and our product exports have increase by a large extent. Exports to Saudi Arabia from January to August this year amounted to nearly RMB 30 million, an increase of 20%.” Said by Bao Yiping, the company’s customs officer.