According to Shanghai Customs, in the first half of this year, Shanghai achieved a total import and export value of RMB 1.88 trillion, an increase of 19% over the same period last year (the same below). Exports were 703.78 billion yuan, an increase of 9.6%; imports were 1.18 trillion yuan, an increase of 25.4%; the trade deficit was 475.23 billion yuan, an increase of 59.3%.