Eight months in a row: Guangdong sees positive growth of foreign trade in H1

Guangdong has pulled off a positive growth of foreign trade for eight consecutive months, with total export and import jumping 24.5% year on year to RMB 3.8 trillion in the first half of 2021.

According to figures from Guangdong Sub-Administration of Customs, exports grew by 26.9% to RMB 2.3 trillion, and import climbed to RMB 1.5 trillion with a 20.9% increase. Compared with the pre-pandemic level in the first half of 2019, this was a marked 16%, 14.7% growth for export and import respectively.

By virtue of the explosive demand in the global market, Guangdong’s trade with major partners has gathered momentum, growing more than 20% on average.

Source: World Trade Times