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Yunnan's foreign trade up 20.2% in Jan-Oct

Nov. 20, 2012 (China Knowledge) - West China's Yunnan Province saw its foreign trade value for the first ten months of this year rose 20.2% YoY to US$15.88 billion, according to the latest statistics released by the Kunming Customs.

From January to October, the province's import value surged 60.9% YoY to US$8.26 billion, while its export value hit US$7.62 billion in the ten-month period, down 5.7% than in the same period of last year.
The value of foreign trade under general trade was US$9.09 billion in the ten-month period, down 10.2% YoY, and the value of import and export under processing trade was US$4.78 billion, skyrocketed 13.5 times from a year earlier.

In the first ten months, Yunnan province's trade with Hong Kong and ASEAN grew 11.8 times and 7.8% YoY to US$3.94 billion and US$5.31 billion, respectively, while its trade with the U.S., E.U. and Japan plunged 40.1%, 54.7% and 36.1% YoY to US$960 million, US$400 million and US$270 million, respectively.

The exports of agricultural products grew 13.6% YoY to US$1.57 billion, while its export of mechanical and electronic products decreased 29.5% YoY to US$1.24 billion during the ten-month period.

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