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Chongqing's foreign trade up 150% YoY for Jan-Jul

Aug. 16, 2012 (China Knowledge) - Southwest China's Chongqing Municipality sees its export and import value surged 50% YoY to US$30.24 billion in the first seven months of this year, according to the latest statistics released by the Chongqing Customs.

The figure has exceeded US$29.22 billion it realized in whole year 2011.

In the first seven months, the city's exports were US$22.24 billion, reflecting a YoY increase of 210% and ranking tenth in the country.

The value of exports and imports under processing trade was US$8.04 billion and US$960 million in the seven-month period, up 310% and 220% from a year earlier, respectively.

Meanwhile, foreign invested enterprises in Chongqing contributed US$13.41 billion in total export and import value, up 140% YoY and accounting 44.4% of the city's total.

From January to July, Chongqing exported 19.89 million units of laptops, 340% more than it realized in the same period of 2011.

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