Foreign trade


In 2000, the import and export value of Lianyungang totalled US$485.10 million, an increase of 16 per cent over US$418.72 million in 1999. Total export value was US$388.31 million, up by 21 per cent over US$320.52 million in 1999. Export was equivalent to 10.97 per cent of the city's GDP of RMB29.3 billion (US$3.540 billion).

Export of primary and manufactured products amounted to US$110 million and US$278.31 million respectively, or 28 per cent and 72 per cent of the total export value.

Export commodities went to more than 100 countries and regions in the world. Japan was the largest buyer of the city's exports (see Table 7.36.2).

Table 7.36.2: Top five export markets, Lianyungang City, 1995 and 2000

Country/region

Export value (US$ million)

% of export total

1995

Japan

38.59

28.73

USA

18.01

13.41

Republic of Korea

14.53

10.82

Hong Kong

11.28

8.40

Italy

6.97

5.20

Total

89.38

66.56

2000

Japan

139.94

36

USA

50.30

13

Republic of Korea

47.50

12

Germany

20.40

5

Thailand

12.02

3

Total

270.16

69

Import value fell by 1 per cent from US$98.20 million in 1999 to US$96.08 million in 2000. Total import value of primary and manufactured products was 23 per cent and 77 per cent respectively, or US$22.42 million and US$74.38 million.

Japan ranked first among the top five import markets, with sales of US$36.69 million in 2000. See Table 7.36.3.

Table 7.36.3: Top five import markets, Lianyungang City, 1995 and 2000

Country/region

Import value (US$ million)

% of import total

USA

10.16

33.29

Japan

9.08

29.75

Hong Kong

2.94

9.63

Republic of Korea

2.75

9.01

Singapore

1.53

5.01

Total

26.46

86.69

2000

   

Japan

36.69

38

Republic of Korea

19.37

20

Canada

8.16 8

 

USA

7.09

7

Taiwan Province

4.91

5

Total

76.22

78




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

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