According to official statistics, from January to may 2020, the export volume of furniture and wood products in Shandong Province will reach 13.232 billion yuan, including 6.62 billion yuan of furniture export, a year-on-year decrease of 3.8%, and 6.6 billion yuan of wood products, a year-on-year decrease of 6.8%.
Among the top 20 major export products of Shandong Province, the export of mechanical and electrical products was 176.61 billion yuan, down 0.2%. Agricultural products, textiles, plastics and vegetables have maintained a good growth trend. Furniture products declined slightly compared with the same period. In the whole year of 2019, the export volume of furniture and parts of Shandong Province was 18.44 billion yuan, an increase of 2.6% compared with that in 2018.
In the first five months, Qingdao’s foreign trade import and export reached 237.44 billion yuan, of which private enterprises’ import and export were stable. ASEAN, EU and the United States were the top three trade markets.
In addition, the growth of cross-border e-commerce is rapid. In the first five months, Qingdao imported and exported 860 million yuan through the customs cross-border e-commerce management platform, an increase of 6.3 times. Among them, the export of cross-border direct purchase was 490 million yuan, an increase of 7.9 times; the bonded import of online shopping was 360 million yuan, an increase of 6.7 times.