Foreign trade

In 2000, Qinghai's import and export value came to US$159.75 million, an increase of 48.11 per cent over US$107.85 million in 1999. Total export value was US$112 million, up by 28.94 per cent over US$86.86 million in 1999 and equivalent to 3.52 per cent of the provincial GDP of RMB26.3 billion(US$3.18 billion) and 0.05 per cent of the country's total export value. Export of primary and manufactured products amounted to US$17.47 million and US$94.53 million respectively, or 15.6 per cent and 84.4 per cent of the total export value (see Table 7.29.2).

Table 7.29.2: Top five export markets, Qinghai Province, 1995 and 2000

Country/region	Export value (US$ million)	% of export total
1995
Japan	43.57	31.56
Hong Kong	35.20	25.49
USA	13.78	9.98
Republic of Korea	7.70	5.58
Singapore	6.93	5.02
Total	107.18	77.63
2000
Republic of Korea	35.52	31.71
Japan	28.63	25.56
USA	14.25	12.72
Singapore	5.45	4.87
Kazakhstan	4.60	4.11
Total	88.45	78.97

Table 7.29.3: Top five import markets, Qinghai Province, 1995 and 2000

Country/region	Import value (US$ million)	% of import total
1995
Australia	6.85	28.32
Singapore	6.17	25.51
Japan	3.96	16.37
Hong Kong	2.54	10.50
Pakistan	1.38	5.70
Total	20.9
2000
Australia	28.77	60.26
India	6.01	12.59
USA	2.12	4.44
Japan	1.96	4.11
Hong Kong	1.85	3.88
Total	40.71

Import value totalled US$47.74 million, up by 127.44 per cent over US$20.99 million in 1999. Import of primary products and manufactured products amounted to US$33.83 million and US$13.91 million respectively, making up 70.86 per cent and 29.14 per cent separately of the total import value.