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2019 Shandong’s foreign trade import and export value exceeded 2 trillion yuan for the first time
In 2019, the total value of Shandong's foreign trade import and export was 2.04 trillion yuan, which exceeded 2 trillion yuan for the first time with an increase of 5.8% over 2018. Exports totaled 1.11 trillion yuan with an increase of 5.3%; imports came to 929.06 billion yuan with an increase of 6.4%. Last year, the overall situation of Shandong's foreign trade import and export was better than the country. Among the top 6 provinces and cities in foreign trade, the growth rate of imports in Shandong ranked first, and the growth rate of imports and exports ranked second only to Zhejiang.