Shanghai Port’s active trade in Taiwan is twice as expensive as exports

According to Shanghai Customs statistics, in the first half of this year, Shanghai Port imported and exported 15.69 billion U.S. dollars to Taiwan, an increase of 66.6% over the same period of last year, and 27.1 more than the overall growth rate of port foreign trade imports and exports during the same period. percentage point.

Imports are particularly active in the fast-growing trade with Taiwan. Statistics show that in the first half of this year, Shanghai Port exported US$5.27 billion to Taiwan, up 66.4% year-on-year; imports reached US$10.42 billion, almost double the number of exports, up 66.7% year-on-year; Imports have returned to the same level as in the same period of 2008 before the spread of the international financial crisis.

In terms of trade patterns, in the first half of the year, Shanghai Port imported and exported Taiwan with a processing trade of 8.42 billion U.S. dollars, a year-on-year increase of 64.2%; the import and export of general trade was 4.31 billion U.S. dollars, a year-on-year increase of 64.6%.

From the perspective of export commodities, mechanical and electrical products accounted for 70% of the total, accounting for a slight decline, while imports of liquid crystal panels and diodes increased exponentially. In the first half of the year, most of the top 10 products imported from Taiwan from Taiwan were electronic components and industrial raw materials.

The Customs analysis believes that the two sides of the strait continue to strengthen economic and trade cooperation, and the role of various preferential policies is reflected. This is the main reason for the rapid growth of Shanghai-Taiwan trade in the first half of the year. At the same time, with the gradual weakening of the impact of the international financial crisis and the role of a series of economic stimulus measures, it also has a positive impact on the Shanghai port trade with Taiwan.