Foreign trade


In 2000, Guizhou Province 's total import and export value came to US$660.02 million, an increase of 21 per cent over US$547.61 million in 1999.

Total export value was US$420.60 million, up by 18 per cent over US$357.79 million in 1999, equivalent to 3.5 per cent of the provincial GDP of RMB99.353 billion (US$12.001 billion) and 0.2 per cent of the total export value of the whole country.

Export of primary and manufactured products amounted to US$106.73 million and US$313.83 million respectively, or 25 per cent and 75 per cent of the total export value.

The top five export markets (see Table 7.24.2) took 47.51 per cent of the total export, with Japan first, followed by Korea, the United States, Hong Kong and India.

Table 7.24.2: Top five export destinations, Guizhou Province, 1995 and 2000

Country/region

Export value (US$ million)

% of export total

1995

Hong Kong

116.15

27

Japan

70.52

16.39

USA

30.55

7.3

Republic of Korea

30.1

7

Netherlands

23.87

5.55

Total

271.19

63.24

2000

Japan

50.74

12.06

Republic of Korea

45.18

10.74

USA

44.38

10.55

Hong Kong

37.41

8.89

India

22.17

5.27

Total

199.88

47.51

Import value totalled US$239.42 million, up by 26 per cent over US$189.82 million in 1999.

Import of primary and manufactured products amounted to US$125.03 million and US$114.39 million respectively, or 52.22 per cent and 47.78 per cent of the total import value.

The United States ranked first among the top five import markets (see Table 7.24.3), supplying 15.64 per cent of the province's import needs. Australia took the second position, followed by Japan, India and Germany.

Table 7.24.3: Top five import markets, Guizhou Province, 1995 and 2000

Country/region

Export value (US$ million)

% of export total

1995

Hong Kong

40.42

16.03

Germany

37.38

14.82

USA

32.37

12.84

Japan

11.01

4.37

Netherlands

9.63

3.82

Total

130.81

51.88

2000

USA

37.45

15.64

Australia

25.49

10.65

Japan

23.84

9.96

India

22.78

9.52

Germany

18.40

7.69

Total

127.96

53.46




Doing Business with China
Doing Business with China
ISBN: 1905050089
EAN: 2147483647
Year: 2003
Pages: 648
Authors: Lord Brittan

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