In 2000, the total value of import and export for Hainan Province reached US$1.29 billion, a moderate increase of 5.68 per cent over US$1.22 billion in 1999. The total value of export was US$802.89 million, up by 7.25 per cent over US$748.6 million in 1999. It was 12.82 per cent of the provincial GDP of RMB51.9 billion (US$6.263 billion) and 0.32 per cent of the total export value of the whole country.
Export of primary products amounted to US$322.68 million, accounting for 40.19 per cent of total export value; the export of manufactured products totalled US$480.21 million, or 59.81 per cent.
Hong Kong was again the biggest export market for the province (see Table 7.21.2). In 2000, the province exported US$353.46 million worth of goods to Hong Kong, 44.02 per cent of the province's total export. Other major export destinations include Japan, USA, Korea and Taiwan Province.
Country/region | Export value (US$ million) | % of export total |
---|---|---|
1995 | ||
Hong Kong | 443.86 | 53.48 |
Japan | 142.33 | 17.15 |
USA | 57.33 | 6.91 |
Republic of Korea | 52.74 | 6.35 |
The Netherlands | 27.74 | 3.34 |
Total | 724 | 87.23 |
2000 | ||
Hong Kong | 353.46 | 44.02 |
Japan | 82.24 | 10.24 |
USA | 80.94 | 10.08 |
Republic of Korea | 29.77 | 3.7 |
Taiwan Province | 20.45 | 2.55 |
Total | 566.86 | 70.59 |
The import total of Hainan Province increased by 3.17 per cent in total, a rise from US$470.07 million in 1999 to US$484.95 million in 2000.
Import of primary products amounted to US$138.65 million, making up 28.9 per cent of the total value, and that of manufactured products stood at US$346 million, or 72.08 per cent.
Hong Kong was again the largest import source for the province (see Table 7.21.3), supplying US$175.77 million worth of goods to the province. Japan ranked second with 13.89 per cent of the province's import value.
Country/region | Import value (US$ million) | % of import total |
---|---|---|
1995 | ||
Hong Kong | 658.62 | 46.19 |
Japan | 153.17 | 10.47 |
USA | 146.62 | 10.26 |
Vietnam | 97.69 | 6.85 |
Singapore | 70.13 | 4.92 |
Total | 1,126.23 | 78.69 |
2000 | ||
Hong Kong | 175.77 | 36.25 |
Japan | 67.29 | 13.89 |
USA | 44.03 | 9.08 |
Republic of Korea | 30.85 | 6.36 |
Thailand | 20.75 | 4.28 |
Total | 338.69 | 69.86 |