Import and Export Trade in the Industry Increases Significantly Shows China's Market Vitality

According to the China Chemical Industry Development Center, the latest statistics show that from January to July, China's oil and chemical industry realized total import and export volume of USD 257.8 billion, an increase of 53.5% year-on-year. Among them, import trade totaled 183.6 billion U.S. dollars, an increase of 59% year-on-year; total export trade was 74.17 billion U.S. dollars, an increase of 41.5% year-on-year.
Since entering the third quarter, the major chemical ports in Shanghai, Jiangsu, and Xinjiang have witnessed a busy scene. The types and quantities of imported chemical products have greatly increased, and some have also broken historical records.
On July 17, a Panamax chemical ship docked at Zhangjiagang Fubao Dock to unload 1,000 tons of terpene from a chemical company in Ningbo. This is the first import of terpenes on the Zhangjiagang port.
From January to August, Xinjiang Alashankou Railway Port's imported chemical products exceeded 500,000 tons, reaching 510,000 tons, an increase of 7.4% year-on-year. The imported chemical products are mainly sulfur. The main reason is that with the gradual recovery of the domestic demand for daily necessities, the output of production enterprises has increased substantially, and the sulfur that acts as a raw material has been imported from Kazakhstan.
On September 13, a Korean liquid chemical ship carrying 1,006 tons of mixed light hydrocarbons imported from South Korea berthed at Litian Terminal, Jiangyin, Jiangsu, which was the first domestic import of mixed light hydrocarbons.
On September 14th, Shanghai Chemical Industry Zone and Shanghai Petrochemical, etc., in the Jinshan area of ​​Shanghai, refreshed the berthing record of the foreign ships. On that day, there were a total of 8 foreign ships that berthed at the same time and opened three outbound piers. There were 18 times in two days. Both foreign and domestic international navigation ships have reached a record high. It is understood that after the Shanghai Chemical Industry Zone experienced nearly six years of development, a large number of world-renowned chemical companies have been stationed in the park one after another. The effect of industrial agglomeration has become increasingly prominent. The number of Chinese and foreign international sailing vessels has steadily increased, and imports and exports have increased year by year. According to statistics from the Shanghai Jinshan Border Inspection Station, since August, the number of foreign ships entering and leaving the ports of Jinshan has remained at a relatively high level. Among them, a total of 43 foreign vessels berthed in August, an increase of 26.5% over the same period of last year; and in the first half of September, there were already 30 foreign ships carrying chemical products berthing at ports in Jinshan, which was a year-on-year increase of 16.4%.

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