In the first eight months of this year, the total import and export value of Maoming was 16.15 billion yuan ($2.25 billion), up 40.8 percent year-on-year.

Its exports were valued at 11.33 billion yuan, a year-on-year increase of 33.2 percent, while its imports totaled 4.82 billion yuan, a year-on-year increase of 62.7 percent.

In the first eight months of the year, private enterprises in Maoming were responsible for 11.86 billion yuan of the city's imports and exports, a year-on-year increase of 25.9 percent, accounting for 73.5 percent of the city's total import and export value.

The imports and exports of State-owned enterprises and foreign-invested enterprises were valued at 2.08 billion yuan and 2.04 billion yuan respectively, an increase of 13 times and 15.8 percent, accounting for 12.9 percent and 12.6 percent of the city's total import and export value.

In this period, Maoming's imports and exports to its main trading partners of the United States, ASEAN, the European Union, and Saudi Arabia were valued at 3.3 billion yuan, 2.42 billion yuan, 1.7 billion yuan, and 770 million yuan respectively, down 5.4 percent, up 27.8 percent, up 89.2 percent, and up 342.2 percent. Its imports and exports to countries along the Belt and Road increased by 58.6 percent, while its imports and exports to RCEP member countries increased by 27.4 percent.

In the first eight months of the year, exports of labor-intensive products in Maoming increased by 85.3 percent, exports of mechanical and electrical products increased by 38.8 percent, and exports of aquatic products decreased by 14.6 percent.

In this period, crude oil was the largest imported commodity in Maoming. Its imports of liquefied propane, metal ore, agricultural products, as well as mechanical and electrical products increased by 7.8 percent, 118 percent, 39.5 percent, and 715.5 percent respectively.

Maoming Customs officers supervise the export of aquatic products. [Photo/WeChat account: maofabu]