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Shenzhen's export up 6.3% in H1

Jul. 16, 2012 (China Knowledge) - Shenzhen saw its export value grow 6.3% from a year earlier to US$124.41 billion in the first half of 2012, according the latest statistics released by the Shenzhen Customs.

The figure accounted for 13% of China total export and ranked first among the nation's major cities.

From January to June, the city's total foreign trade value exceeded US$211.86 billion, 5.4% more than it realized in the same period of 2011 and accounted for 11.5% of China's total foreign trade value.

The value of import and export under processing trade amounted to US$117.87 billion in the six-month period, including US$70.7 billion in export value, up 4.4% YoY.

In the first half of this year, the export of mechanical and electrical products of the city amounted to US$86.96 billion, up 2.8% YoY and accounted for 69.9% of the city's total export.

Meanwhile, the export to Hong Kong, the U.S., the E.U., and Japan reached US$64.55 billion, US$16.9 billion, US$16.06 billion and US$12.27 billion, respectively.

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