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Beijing's foreign trade up 10.9% in Jan-Apr

May. 18, 2012 (China Knowledge) - Beijing, the capital of China, saw its import-export value rise 10.9% YoY to US$136.9 billion in the first four months of this year, accounting for 11.7% of the country's total foreign trade, according to the latest statistics released by the Beijing Customs, sources reported.

The city's exports climbed 2.9% YoY to US$17.7 billion in the four-month period, and its imports grew 12.2% to US$119.2 billion.

In the month of April, the city's foreign trade rose at slower growth of 7.4% YoY to US$34.55 billion. The export value remained unchanged at US$4.56 billion, and the import value increased 8.6% to US$29.99 billion.

The foreign trade value of state-owned enterprises in the city grew 16.3% YoY to US$96.91 billion, accounting for 70.8% of the city's total.

Beijing saw its trade with the E.U. fall 5.2% YoY to US$13.69 billion in the first four months but trade with the U.S. surge 40.6% YoY to US$11.9 billion. Trade with Saudi Arabia hit US$11.84 billion, up 4% YoY.

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