Guangxi’s Import and Export Value Achieves Year-on-Year Growth of 21.3% in First Two Months of 2017


It is known from the Bureau of Statistics of Guangxi Zhuang Autonomous Region that, from January to February 2017, Guangxi’s import situation turns out to be good. According to statistics, from January to February 2017, Guangxi’s import and export value reached 48.04 billion yuan, with a year-on-year increase of 21.3%. Among it, the import and export value of Nanning, Chongzuo and Fangchenggang ranked among the top three in Guangxi, and the growth rate of Nanning on import and export ranked the second in the whole region.

A low comparison base of the same period of 2016 and the continuous rebound of bulk commodity price are the main reasons for the growth of Guangxi’s import and export in the first two months of 2017. Since the second half of 2016, the international bulk commodity market started to recover, and the import price of bulk commodity continued to rise, directly promoting the rapid growth of the import value.

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