The total trade value of Guangzhou city in 2000 stood at US$17.641 billion, up by 21.60 per cent on US$14.507 billion in 1999. Over half of the foreign trade value was contributed by the city's export, which was worth US$9.176 billion, up by 16.77 per cent over US$7.858 billion in 1999. Total export compared to 30.82 per cent of the city's GDP, RMB238.3 billion, and contributed 9.98 per cent to the total export value of Guangdong Province. Export of primary and manufactured products stood at US$0.32 billion and US$8.856 billion respectively, or 3.49 per cent and 96.51 per cent of the total export value.
In 2000, commodities were exported to 196 countries and regions , among which the top five (see Table 7.41.2) accounted for 75.5 per cent of total export value. The two largest export destinations had a combined share of 62.87 per cent in the city's total export revenue.
Country/region | Export value (US$ million) | % of export total |
---|---|---|
1995 | ||
Hong Kong | 2,435.95 | 39.0 |
USA | 253.57 | 4.1 |
Germany | 88.52 | 1.4 |
Japan | 79.43 | 0.9 |
UK | 55.04 | 0.5 |
Total | 2,912.51 | 45.9 |
2000 | ||
Hong Kong | 3,414.56 | 37.21 |
USA | 2,355.10 | 25.66 |
Japan | 731.5 | 7.97 |
Germany | 241.80 | 2.48 |
Belgium | 228.35 | 2.18 |
Total | 6,971.31 | 75.5 |
Import value totalled US$8.465 billion, an increase of 27.32 per cent over US$6.585 billion in 1999. Import of primary and manufactured products amounted to US$620 million and US$7.845 billion respectively, making up 7.23 per cent and 92.67 per cent of the total import value. Import commodities came from 123 countries and regions (see Table 7.41.3).
Country/region | Import value (US$ million) | % of import total |
---|---|---|
1995 | ||
Hong Kong | 734.47 | 21.4 |
Japan | 81.56 | 2.4 |
USA | 50.03 | 1.5 |
Republic of Korea | 29.39 | 0.9 |
Taiwan Province | 15.04 | 0.4 |
Total | 910.49 | 26.6 |
2000 | ||
Japan | 1,648.69 | 19.46 |
Taiwan Province | 1,269.76 | 14.99 |
USA | 1,011.42 | 11.94 |
Hong Kong | 806.11 | 9.52 |
Republic of Korea | 604.07 | 7.13 |
Total | 5,340.05 | 63.04 |