Jan.2006 China Foreign Trade Results
Resource from: cbcc-yinx Likes:2974
Mar 08,2006
Feb.13, China General Administration of Customs reported first month’s foreign trade result. Statistically, total import and export value in January hit $120.49 billion, up 26.8% from the same period 2005. (Folloing comparison are all with the same period 2005)
Total export was $64.99 billion, up 28.1%; total import was $55.5 billion, up 25.4%. Average growth rate is 8% higher than last year’s 17.6%.
Generally speaking, our general trade maintained a good momentum of growth and import increased at an amazing speed. Concerning the general trade, total value of export and import reached $53.25 billion, up 25.7%. Export was $28.88 billion, up 26.1%; import was $24.37 billion, up 25.2%. Average growth rate is 12.5% higher than last year.
At the same time, processing trade also maintained strong momentum of growth in both import and export. Concerning the processing trade, total value of export and import reached $56.23 billion, up 29.1%. Export was $33.6, up 29.4%; import was $22.63 billion, up 28.7%.
Additionally, import and export with our major trade partners kept on growing steadily. Our total value of trade against EU, currently the largest trade partner of us, was $18.86 billion, up 18.7%. Total value of trade against US, the second largest trade partner of us, was $18.33 billion, up 28%. Total value of trade against Japan, the third largest trade partner, was $13.86 billion, up 7.9%. Instead of Hong Kong, ASEAN become the forth largest trade partner. Total value of trade against them was $18.33 billion, up 27.9%. Total value of trade against Hong Kong was $10.03 billion, up 26.2%.
Of all exported commodities, M.E. products were much more than others. Traditional popular exporting items still maintained good momentum of growth. Total value of export for M.E. products were $36.07 billion, up 36.1%, accounting for 55.5% of the total value of export. Export value of household appliance and electronic products were $14.48 billion, up 42.6%; those of machines and equipments were $12.12 billion, up 24.1%. Export value of high and new-tech products were $17.61 billion, up 33.4%.
Besides, export of traditional popular commodities also increased rapidly. Export of clothing and accessories were $6.62 billion, up 24.8%; of textile products were $3.56 billion, up 21.8%; of shoes were $1.93 billion, up 27.3%; of plastic products were $1.04 billion, up 30%; of color TVs were $610 million, up 68.8%. Export steel products 1.81 million tons, up 21.1%.
Of all imported products, automobile enjoyed the highest growth rate. Export value of primary products were $13.88 billion, up 44%. Import of iron ore were 26.58 million tons, up 27.4%; product oil were 2.62 million tons, down 21.8%. Import value of industrial products were $41.62 billion, up 20.2%, accounting for 75% of the total value of import in January. Import value of M.E. products were $29.67 billion, up 29.3%; chemical products were $6.22 billion, up 9.7%. Imported automobiles were 18000, 1.2 times higher than last January; imported steel products were 1.57 million tons, down 18.3%.
News source: Ministry of Commerce of PRC
(cbcc-yinx)
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1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
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