The tax-free business of outlying islands helped Sanya’s foreign trade scale reach a record high in 2021

Sanya Customs announced on January 30 that in 2021, Sanya’s foreign trade import and export reached 21.91 billion yuan (RMB, the same below), an increase of 27% year-on-year (the same below). The scale of foreign trade exceeded 20 billion yuan for the first time, reaching a new record.

Among them, the import was 20.68 billion yuan, an increase of 23%; Exports reached 1.23 billion yuan, an increase of 224.6%. Import and export categories, led by consumer goods and mechanical and electrical products. The vigorous development of duty-free business on outlying islands has driven the continuous growth of imports of consumer goods, especially cosmetics. In 2021, Sanya imported 19.08 billion yuan of consumer goods. Among them, cosmetics amounted to 9.1 billion yuan, down 6.1%; Jewelry 2.64 billion yuan, an increase of 41.2%; Clocks and watches reached 2.49 billion yuan, an increase of 33.8%. Over the same period, Sanya exported 590 million yuan of mechanical and electrical products, an increase of 50 times; Export of Biodiesel: 310 million yuan; The export of aquatic and marine products was 260 million yuan.

The EU has become the largest trading partner of Sanya, and Sanya has closer trade exchanges with member countries of the regional comprehensive economic partnership agreement (RCEP). In 2021, Sanya’s import and export to the EU reached 9.75 billion yuan, an increase of 39.1%; The import and export to 14 RCEP member countries was 4.36 billion yuan, an increase of 34.6%, of which the import and export to Japan was 2.25 billion yuan, an increase of 10%; Imports and exports to 10 ASEAN countries reached 1.34 billion yuan, an increase of 89.5%.

The data show that the business environment at Sanya port has been continuously optimized, and the import and export growth of private enterprises and foreign-invested enterprises is obvious. In 2021, the import and export of state-owned enterprises reached 19.03 billion yuan, an increase of 13.9%; The import and export of private enterprises reached 2.86 billion yuan, an increase of 491.6%; The import and export of foreign-invested enterprises reached 13.259 million yuan, an increase of 731%. It is worth mentioning that in 2021, 5101 foreign trade enterprises were newly registered in the city, an increase of 684.8%.

In addition, according to the work report of Sanya Municipal Government in 2022 released by Sanya Municipal Government on the 30th, in 2021, the city’s regional GDP was 83.54 billion yuan, a year-on-year increase of 12.1% and an average increase of 7.5% in two years.

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