In The First Three Quarters, Mudanjiang Exported $496 Million To Russia.

On the 17 day, we learned from the Mudanjiang customs that in the first three quarters, the total value of Mudanjiang's import and export trade reached US $5 billion 590 million, an increase of 23.4% over the same period last year, of which 3 billion 520 million US dollars in exports increased by 31.7%, and imports 2 billion 70 million US dollars, an increase of 11.5%.

From the perspective of trade, the most prominent one is processing trade.

From 1 to September, the processing trade in Mudanjiang reached 140 million US dollars, exceeding the level of last year (the amount of processing trade of last year was 110 million dollars).

Among them, processing trade amounted to $59 million 660 thousand, an increase of 175.9% over the same period last year, and the import processing trade amounted to US $78 million 330 thousand, an increase of 60.7% over the same period last year.

From 1 to September, the total value of Mudanjiang's import and export trade with Russia was US $4 billion 280 million, an increase of 43.5% over the same period last year, of which the total value of exports was US $2 billion 975 million, an increase of 66.4% over the same period last year. The total value of imports was US $1 billion 309 million, up 9.3% over the same period last year.

Clothing and accessories, electrical and mechanical products are still the main commodities exported to Mudanjiang by Russia. The export of clothing and accessories is 1 billion 119 million dollars, the export of mechanical and electrical products is 687 million dollars, and footwear exports are 496 million US dollars.

It is worth mentioning that, due to the further development and price advantage of China's automobile trade, the first three quarters of the year, Mudanjiang exported 37 million 30 thousand dollars to the Russian motor vehicle and chassis, and the trade volume grew by 824.2% over the same period last year.

In the import commodities, logs still keep a large volume of imports. From 1 to September, Mudanjiang imported 5 million 400 thousand cubic meters of timber, and its value was 579 million US dollars, an increase of 7.9%.

Since July 1st this year, the Russian government has decided to impose a ban on the export of logs, and will increase the export tariffs of logs in stages.

According to the Mudanjiang customs investigation, since the implementation of the policy, the growth rate of Russian log exports has not been suppressed. Exporters use foreign economic commodities catalogue to declare rough wood processed as wood chips and continue to export a lot.

In addition, since Russia will restrict export of logs in 2009, although the export tariffs of logs have increased, Chinese enterprises still seize the opportunity to import Russian logs in large quantities.