China's Shanghai city's total exports and imports from January to April reached 1.39 trillion yen... Decline in exports and imports with Europe and the US - Chinese report

The total value of imports and exports in Shanghai, China from January to April 2024 reached 1.39 trillion former (approximately 30.93 trillion yen). This is a 0.1% increase from the same period last year. Of this, the export value was down 0.4% year-on-year.
exports increased 0.4% year-on-year to 553.07 billion former (11.98 trillion yen), while imports increased 0.4% year-on-year to 835.97 billion former (18.1 trillion yen).
According to statistics from Shanghai Customs, during the same period, the total amount of general trade imports and exports increased by 1.2% year-on-year to 837 billion yen.
The value of processed trade was 180.21 billion former (approximately 3.9 trillion yen), down 5% year-on-year, showing a slight decrease.
Logistics revenues were almost flat at 359.68 billion former (approximately 7.79 trillion yen), down slightly by 0.2% year-on-year. Foreign-affiliated companies accounted for 50% of the city's total exports and imports from January to April.
% of the total, but the amount was 795.84 billion former (approximately 17.23 trillion yen), down 1.8% year-on-year. Shanghai's three largest trading partners are the EU, ASEAN, and the United States.
It accounts for 42.5% of the city's total imports and exports. The value of imports and exports with the EU fell 9.9% year-on-year to 254.17 billion formal (approximately 5.5 trillion yen), while the value of imports and exports with the United States fell 3.2% year-on-year to 152.66 billion formal (approximately 5.5 trillion yen).
million formers (approximately JPY 3.3 trillion), while exports and imports with ASEAN increased 2.5% to 183.17 billion formers (approximately JPY 3.97 trillion), up from a 2.5% decrease in the first quarter of this year.
By item, ships accounted for a relatively large proportion of exports. Ships recorded an 87.6% increase over the same period, reaching 19.6 billion former (approximately 424 billion yen). Other exports included automatic data processing machines and
The total import value of integrated circuits (ICs), memory components, and flat panel display modules increased by 16.3% year-on-year to 45.35 billion yen.
Imports of iron sand and its concentrates increased 22.8% year-on-year to 57.71 billion formers (approximately 1.25 trillion yen).
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