Henan's trade with Africa up 22.2% during January-July period

Source: dahe.cn | 2024-09-04 21:29

From January to July, Henan's trade with Africa reached 16.33 billion yuan, a 22.2% increase compared to the same period in 2023, according to statistics released by Zhengzhou Customs on September 3, among which the exports to Africa totaled 12.21 billion yuan, up by 14.5%, while the imports from Africa amounted to 4.12 billion yuan, marking a 52.8% increase.

According to the statistics, Congo is Henan's largest African trade partner. From January to July, Henan's trade with Congo reached 2.54 billion yuan, an increase of 168%, accounting for 15.6% of Henan's total trade with Africa during the same period. Other African countries with a total trade value exceeding 1 billion yuan with Henan include Nigeria, South Africa and Ghana, 2.25 billion yuan, 1.83 billion yuan and 1.28 billion yuan, respectively.

Henan's exports to Africa are primarily electro mechanical products, accounting for nearly 50% of Henan's total exports to Africa. Among these, automobile exports totaled 1.22 billion yuan, up by 59%, while motorcycle exports amounted to 630 million yuan, a 12.4% increase. Additionally, the export of hair products reached 3.01 billion yuan, up by 19.7%, making up 24.6% of the total export value to Africa. Exports of textiles, clothing, and other labor-intensive products were 1.06 billion yuan, up by 11.6%, representing 8.7% of the total. Imports are mainly composed of unwrought copper, metal ores, and other resource products. Imports of unwrought copper amounted to 1.78 billion yuan, a staggering 14.9-fold increase, accounting for 43.1% of Henan's total imports from Africa. Metal ore imports totaled 1.45 billion yuan, making up 35.1%, and include copper ores, titanium ores, and precious metal ores. Additionally, agricultural product imports were 300 million yuan, up by 43.5%, representing 7.4%, with major items including sesame seeds and peanuts. (Chinese source: dahe.cn Reporter: He Zhiquan Translator: Zhang Yahan Proofreader: Jiao Dan and Zhao Hanqing)