Home Facts hangzhou

The Growth Rate of Export to Five Markets Exceeds 60% in the First 4 Months

The Growth Rate of Export to Five Markets Exceeds 60% in the First 4 Months

Write: Bowie [2011-05-20]

The Growth Rate of Export to Five Markets Exceeds 60% in the First 4 Months

According to the statistics released by Jiaxing Customs, the total volume of import and export reached $6.585 billion in Jiaxing in the first four months, a year-on-year increase of 40.2%. And the volume of export was $4.495 billion, a year-on-year increase of 29.9%. The growth rate of export to the five markets: ASEAN, Latin America, Taiwan, Africa and Hong Kong, exceeds 60%.

There is great growth in the export of major products in Jiaxing in the first four months, indicating an overall recovery. Among the top growth rate are mechanical and electrical products, high-tech products, textile products and furniture. The volume of their export amounts to $1,272 million, $226 million, $745 million, and $445 million respectively, a year-on-year increase of 42.4%, 39.4%, 31.2% and 23.7%. The mechanical and electrical products resume No.1 export products in Jiaxing.

Data shows that EU, USA and Japan remain the top three trade partners of Jiaxing, with the trade volume reaching $1335 million, $1309 million and $939 million respectively. ASEAN is becoming the fourth trade partner as the ASEAN free trade zone develops.