This year, the import and export value of Beijing-Tianjin-Hebei increased by 12% in the first four months.

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According to statistics from Tianjin Customs, in the first four months of this year, the total import and export value of the Beijing-Tianjin-Hebei region was 1.6 trillion yuan, a year-on-year increase of 12%, accounting for 9.9% of the national total foreign trade value. Among this, exports reached 494.69 billion yuan, up 11.3%; imports reached 1.11 trillion yuan, up 12.3%.

The “ballast stone” effect of state-owned enterprises is prominent, while private enterprises lead in growth rate. In the first four months of this year, state-owned enterprises in the Beijing-Tianjin-Hebei region recorded imports and exports of 817.24 billion yuan, an increase of 9.6%, accounting for 51% of the total import and export value of the region during the same period, providing stable momentum for the region’s foreign trade. During the same period, private enterprises achieved imports and exports of 477.67 billion yuan, up 26%, 14 percentage points higher than the average growth rate, accounting for 29.8%.

Import and export trading partners are diversified, with good development momentum in emerging markets. The EU and ASEAN still hold major positions, with imports and exports of 179.31 billion yuan and 138.51 billion yuan respectively, up 3.4% and 15.1% respectively, together accounting for 19.8%. During the same period, imports and exports to emerging markets such as Latin America, Africa, and Oceania grew by 33.1%, 15.5%, and 50.1% respectively, together accounting for 27.2%, driving the overall import and export growth rate of the Beijing-Tianjin-Hebei region by 7.1 percentage points.

Mechanical and electrical products account for nearly 60% of exports, with electronic components, automobiles, and other goods showing significant driving effects. Exports of mechanical and electrical products reached 295.38 billion yuan, up 17.6%, accounting for 59.7% of the total export value of the Beijing-Tianjin-Hebei region during the same period. Among these, exports of electronic components, automobiles, and electrical equipment increased by 59.6%, 22.8%, and 68.9% respectively, together driving the export growth rate by 6.9 percentage points.