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China's electronics and IT exports up 8.4% in Oct

Nov. 30, 2012 (China Knowledge) - China's exports of electronics and information technology products grew 8.4% YoY to US$62.9 billion in October this year, after rising 5.4% in September, according to the latest statistics released by the Ministry of Industry and Information Technology.
In the first ten months of this year, the country's export of electronics and IT products climbed 3.9% YoY to US$559.7 billion, accounting for 33.5% of the country's total exports.

Meanwhile China saw its import of these products rose 2.5% YoY to US$394.9 billion in the ten-month period.

From January to October, the country's foreign trade of electronics and IT products amounted to US$954.6 billion, up 3.3% YoY.

The exports of computers increased 1.9% YoY to US$191.5 billion in the first ten months. The exports of telecom equipment saw a YoY growth of 12.9%, reaching US$115.8 billion. Export value of electronics components and electronics devices was US$69.6 billion and US$74.6 billion in the first ten months, up 11.6% and 3.5% YoY, respectively. However, the exports of home appliances dropped 7.9% YoY to US$71.6 billion.

The top five products that record the highest export value were laptops, cell phones, integrated circuits, LCD panels and cell phone components, whose exports were US$90.2 billion, US$61.6 billion, US$39.7 billion, US$30 billion and US$22.6 billion.

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