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Guangdong's foreign trade up 6.4% in Jan-Nov

Dec. 17, 2012 (China Knowledge) - South China's Guangdong Province saw its import and export value increase 6.4% YoY to US$883.43 billion in the first eleven months of this year, according to the latest statistics released by the Guangdong Customs.

The figure for the period accounted for 25.2% of the country's total foreign trade value.

From January to November, the province's import value rose 6.1% YoY to US$369.52 billion, while its export value exceeded US$513.91 billion in the period, 6.6% more than it realized in the same period of last year.
The value of foreign trade from private enterprises increased 20% YoY to US$236.12 billion during the eleven-month period, while that from state-owned enterprises and collective enterprises decreased 11% and 18.5% YoY to US$84.57 billion and US$18.24 billion, respectively.

Meanwhile, the province's trade with Hong Kong and the U.S. grew 16.2% and 3.4% YoY to US$202.07 billion and US$98.54 billion, respectively, while its trade with the E.U., the ASEAN and Japan decreased 8%, 2% and 1.1% YoY, respectively.

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