Shanghai sees record-high growth in foreign trade in 2021-Xinhua

Shanghai sees record-high growth in foreign trade in 2021

Source: Xinhua

Editor: huaxia

2022-01-30 21:12:15

Aerial photo taken on Nov. 3, 2021 shows a container dock of Yangshan Port in east China's Shanghai. (Xinhua/Ding Ting)

SHANGHAI, Jan. 30 (Xinhua) -- China's economic hub Shanghai registered a record import and export volume of 10.09 trillion yuan (about 1.58 trillion U.S. dollars) in 2021, up 15.4 percent year on year, local authorities said on Sunday.

According to data released by the Shanghai Municipal Commission of Commerce, the city's export volume totaled 5.74 trillion yuan last year, up 15.2 percent on a yearly basis. Meanwhile, its import volume increased by 15.6 percent to reach 4.35 trillion yuan.

The trade surplus was widened by 13.9 percent to 1.39 trillion yuan during the same period.

Shanghai has always been one of the world's most influential financial and transport centers. The city's import and export volume in 2021 accounted for over 3.2 percent of the world's total.

In 2021, the port of Shanghai notched up an annual container throughput of more than 47 million 20-foot equivalent units (TEUs), while over 32.2 million passengers traveled through the Shanghai Pudong International Airport. 

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