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Foreign trade in Jan-Oct outrides last year's earnings

17 Nov '06
2 min read

According to the General Administration of Customs, China's total value of import and export registered US $1.42495 trillion from January to October this year, growing 24.1 percent over the same period last year, already surpassing last year's total export value. Of all, export accounted for $779.29 billion, an increase of 26.8 percent; import amounted to $645.66 billion, up 20.9 percent.

Customs statistics show that China's import and export value of the month for October was $152.43 billion, an increase of 22.9 percent. Of which, export came to $88.13 billion, up 29.6 percent;import stood at $64.3 billion, rising 14.7 percent.

From January to October, China's general trade import and export reached $609.15 billion, up 25.4 percent, accounting for 42.7 percent of the total import and export during the same period.

Export and import in processing trade valued at $671.33 billion, rising 21.5 percent, accounting for 47.1 percent of the total import and export value.

In export commodities, clothing and clothing accessories export registered $77.78 billion, increasing 27.3 percent, the export of textile yarn, fabrics and apparel went to $40.15 billion, rising 18.2 percent; and footwear export came to $18.11 billion, growing 15.7 percent.

In imported goods, from January to October, China's import of primary products reached $155.21 billion, rising 29.1 percent. For the same period, import of industrial products valued $490.45 billion, an increase of 18.6 percent, accounting for 76 percent of the total import value.

Fibre2fashion, News Desk - China

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