Zhejiang's export scale ranked second nationwide in the first two months
East China's Zhejiang province was ranked second nationwide in terms of export volume in the first two months of this year.
During this period, the total value of imports and exports in East China's Zhejiang province decreased by 4.8 percent year-on-year to 691.35 billion yuan ($100.17 billion), figures from Hangzhou Customs show. Zhejiang's total export value stood at 502.94 billion yuan, a decrease of 6.4 percent year-on-year, while the total import value was 118.41 billion yuan, a decrease of 0.3 percent year-on-year.
Specifically, ASEAN surpassed the United States to become Zhejiang's second-largest trading partner. Zhejiang's trade with ASEAN, the Middle East, Latin America and Africa totaled 93.77 billion yuan, 84.34 billion yuan, 69.28 billion yuan and 50.07 billion yuan, up 7.6 percent, 4.2 percent, 1.0 percent and 3.4 percent respectively.
Robust growth was seen in the exports of new energy products. Exports of solar cells, electric vehicles and lithium-ion batteries increased by 20.4 percent, 84 percent and 1.3 times year-on-year respectively.
In addition, trade of market procurement and cross-border e-commerce grew significantly in the first two months of the year. Zhejiang's market procurement exports were valued at 67.92 billion yuan, an increase of 7.8 percent year-on-year, accounting for 56 percent of the total value of the country's market procurement exports.
Imports and exports through the customs cross-border e-commerce platform amounted to 28.41 billion yuan, up 49.7 percent year-on-year. Exports accounted for 20.91 billion yuan, up 73.2 percent year-on-year.