Achievements of Foreign Trade in the First Quarter

The data of foreign trade in the first quarter was released by Wuhu Customs days ago. In total, foreign trade volume amounted to 11.45 billion yuan RMB, an increase of 31.5%, which was 1.9% higher than the increase rate of Anhui province on average. 7.47 billion yuan was achieved by export business while 3.98 was made by import, with respective increase of 13.2% and 88.6%. The trade surplus was expanded to 3.49 billion yuan.

In March alone, the ex-im business totaled to 4.46 billion yuan, up 41.6% compared to that in March, 2016 and up 39% compared to that last month. 2.92 billion yuan was contributed by export, up 30.2% while 1.54 billion yuan by import, up 69.5%. The positive changes happened due to meat import, hi-tech products export.

In the first quarter, foreign trade to main trading partners grew universally. The U.S.A is keeping the dominance. Import and Export between Wuhu and the U.S.A topped 3.61 billion yuan, up 39.6%.

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