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Shanghai's foreign trade down 0.9% in Jan-Nov

Dec. 17, 2012 (China Knowledge) - Shanghai saw its foreign trade value edge down 0.9% from a year earlier to US$732.87 billion in the first eleven months of this year, according the latest statistics released by the Shanghai Customs.

From January to November 2012, the city's export value reached US$449.61 billion, down 1.3% from a year earlier, and its imports decreased 0.2% YoY to US$283.26 billion.

Last month, the city's foreign trade value declined 5.6% YoY to US$67.06 billion, including US$41.75 billion in export value, down 5.4% YoY.

In the first eleven months of 2012, Shanghai's foreign trade with the U.S. and the E.U. were US$126.29 billion and US$1150.38 billion, up 2.2% but down 7.5% YoY, respectively. The city's total import and export with Japan decreased 2.5% YoY to US$95.98 billion during the period.







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