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China's coastal city Xiamen sees trade with BRICS countries up 20.7%

chinadaily.com.cn| Updated: August 24, 2022 L M S

13.厦门港物流。(厦门日报记者 王协云 摄).jpg

Containers await shipping at a port in Xiamen, Fujian province. [Photo by Wang Xieyun/provided to chinadaily.com.cn]

Trade in goods of East China's coastal city of Xiamen with BRICS countries reached 47.9 billion yuan ($7 billion) in the first seven months of this year, up 20.7 percent from the same period last year, according to the Xiamen Customs.

BRICS is the acronym for an emerging-market bloc that groups Brazil, Russia, India, China, and South Africa.

Xiamen's exports with BRICS countries amounted to 15.3 billion yuan, while imports reached 32.6 billion yuan during the period, up 28.1 percent and 17.5 percent, respectively, year-on-year.

Xiamen's imports and exports with Russia, South Africa, and Brazil reached 14.8 billion yuan, 7.3 billion yuan, and 15.7 billion yuan from January to July, up 29.8 percent, 25.4 percent, and 23.3 percent, respectively, year-on-year.

Major imported goods during the period included metal ore and heavy mineral sand, agricultural products, coal, and lignite, while exports mainly included mechanical and electrical products and labor-intensive goods.


Why Xiamen

  • About Xiamen

    Xiamen is one of the most economically competitive cities in China and was one of the first Special Economic Zones on the Chinese mainland. As a vice-provincial city independently listed on the State development plan, it has provincial-level authority in economic administration and local legislative power. In 2010, the Xiamen SEZ was expanded to cover the entire municipality. Today, Xiamen is a modern and international port city.

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