Foreign trade

Total import and export value of Gansu Province in 2000 was US$570 million, up by 40 per cent over US$406 million in 1999.

Total export value was US$415 million, up by 31 per cent over US$317 million in 1999, equivalent to 3.5 per cent to the province's GDP of RMB 98.3 billion (US$11.9 billion) and 0.17 per cent of the total export value of the country. Export of primary goods was US$48.39 million, 12 per cent of the total export value, while the export of manufactured products amounted to US$366.56 million, or 88 per cent of the total export value (see Table 7.28.2).

Table 7.28.2: Top five export markets, Gansu Province, 1995 and 2000

Country/region	Export value (US$ million)	% of export total
1995
Hong Kong, Macao and Taiwan Province	141.68	36.41
Japan	68.08	17.55
Western and Northern Europe	67.20	17.27
Republic of Korea	29.03	7.46
Oceania	10.93	2.81
Total	316.92
2000
Japan	153.68	37.0
Republic of Korea	44.01	10.6
USA	38.95	9.4
Singapore	27.58	6.6
Taiwan Province	23.08	5.6
Total		287.3

Total import value was US$155 million, up by 73 per cent over US$83 million in 1999. Import of primary goods came to US$80.93 million, accounting for 52 per cent of the total import value. Import value of manufactured products reached US$73.65 million, or 48 per cent of the total import value (see Table 7.28.3).

Table 7.28.3: Top five import markets, Gansu Province, 1995 and 2000

Country/region	Import value (US$ million)	% of import total
1995
Hong Kong	28.81	19.24
Republic of Korea	19.71	13.16
Belgium	24.45	16.32
Taiwan Province	10.07	6.72
Germany	10.18	6.80
Total	93.22
2000
Australia	46.95	30.3
USA	20.01	12.9
Japan	16.35	10.5
Germany	10.76	6.9
Italy	5.45	3.5
Total	99.52	64.2