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Imports, Exports Via Shanghai Port Keeps Growing
Imports and exports through Shanghai Port maintained a growth rate of 13.6 percent in the first two months of the year, with imports up 2.4 percent and exports up 24.2 percent, Shanghai Customs said Monday.
The total value of imports and exports in the period reached 16. 2 billion US dollars, with 7.1 billion US dollars in imports and 9. 1 billion US dollars in exports, according to customs.
Statistics show that the amount of equipment imported by overseas-funded enterprises continued to steadily increase. Electronic products and machinery accounted for about half of the imports, or 4.3 billion US dollars, up 19.2 percent.
Exports via the port to Japan, Europe and North America saw fast increases in the period, with exports to Japan hitting 1.92 billion US dollars, up 25.3 percent, 2.29 billion US dollars to Europe, up 37.5 percent, and 1.85 billion US dollars to North America, up 15.8 percent.
Exports through the port to Africa reported the largest growth, up nearly 50 percent or 315 million US dollars, statistics show.
Exports from the processing trade sector totaled 4.15 billion US dollars in the period, up 33.1 percent.
Overseas-funded enterprises exported a total value of 4.19 billion US dollars through the port, up 35.3 percent, while state- owned enterprises' export grew by 12.1 percent in the same period, according to statistics.
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