A freight train carrying 40 TEUs of hardware arrives at Wenzhou Port in March. [Photo/66wz.com]
From January to November this year, the value of Wenzhou's imports and exports reached 271.61 billion yuan ($39.03 billion), up 25.7 percent year on year, according to statistics released by Wenzhou Customs.
Exports were valued at 232.09 billion yuan, up 28.6 percent, while imports reached 39.52 billion yuan, up 10.9 percent.
Mechanical and electrical products remained Wenzhou's largest exports, valued at 119.22 billion yuan and accounting for 51.4 percent of the city's total exports. Labor-intensive products and high-tech products had export values of 81.4 billion yuan and 7.56 billion yuan, respectively.
ASEAN countries and the United States are Wenzhou's two major export destinations, while Africa and EU are the two major importers. The value of trade with Belt and Road and RCEP countries reached 124.29 billion yuan and 83.85 billion yuan, up 30.2 percent and 35.6 percent, respectively.
The private sector has played a key role in foreign trade by registering a combined value of 56.65 billion yuan, up 25.7 percent and accounting for 94.5 percent of Wenzhou's total foreign trade.
A total of 10,472 enterprises have achieved tangible foreign trade results from January to November, 768 more than the same period last year, with a year-on-year growth of 7.9 percent.
