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Tianjin ranks No.1 for foreign trade in Q1
Published on: 2023-05-06
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Tianjin Port saw its foreign trade top 498 billion yuan (about 72 billion U.S. dollars) in the first quarter of 2023, up 24% year on year, according to Tianjin Customs.

Over the period, its trade with countries along the Belt and Road totaled 180.77 billion yuan, up 49.7% year on year.

The port’s trade with its major partners — the Association of Southeast Asian Nations, the European Union, the United States, Australia, the Republic of Korea and Brazil — accounted for 56.9% of its total foreign trade volume in the first three months of this year.

The port’s exports of mechanical and electrical products grew 45.3% to 111.56 billion yuan in the first quarter.



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