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Imports and exports of Yantai EDTZ increased fast in the first quarter , total export-import volume reached 4.12 billion dollars , up 159% . Imports volume stood at 1.85 billion dollars , increasing 113.3% , while exports stood at 2.27 billion , up 213.7% . All the three indicators ranked the first in Yantai City.
Key enterprises have served as driving force of the increase of foreign trade. 22 enterprises' export volume reached 5 million dollars , 6 more than the number of the same period of the previous year . Among the 22 ,10 realized an export value of over 10 million dollars , 5 more than last year . The total amount stood at 2.01 billion dollars , accounting for 88.6% of the overall exports of the ETDZ . Hongfutai Precision Electrons realized an export volume of 1.38 billion dollars , increasing 723.4%£» Wave LG' exports stood at 300 million , raising 41.8% and Lejin Electrons realized an export volume of 180 million , raising 81%.
¡¡¡¡Structure of exports further optimized and the quality of foreign trade further promoted . The export of automotive engine, minitype transformer , machinery parts and electronic information products increased by a large margin , the export of electromechanical products and high and new technological products reached 2.02 and 2.06 billion dollars respectively ,accounting for 88.9% and 90.6% of the total volume of Yantai ETDZ. The export of entire cars and auto parts was greatly promoted, realizing an accumulative total export value of 37.8 million dollars , increasing 972.8%.
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