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Home >> Business
UPDATED: 15:03, January 13, 2005
Foreign trade via SE China port rises dramatically
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Foreign trade via the Fuzhou Port in southeast China's Fujian Province surged by 31.25 percent year on year to reach 11.421 billion US dollars in 2004, according to the Fuzhou Customs.

Figures released by the customs show that exports in 2004 were valued at 5.989 billion dollars, an year-on-year increase of 27.68 percent. Imports reached 5.432 billion dollars in value, a surge of 35.43 percent.

Foreign-funded businesses contributed to 69.15 percent of the aggregate trade volume, totaling 7.898 billion dollars. Exports of private-funded businesses doubled to 1.22 billion US dollars.

Last year, 2.57 billion dollars worth of machinery and electronic products were exported via Fuzhou, up 36.73 percent over the previous year and accounting for 42.91 of the total exports

The figures also show that imports of primary products via the port rose 58.06 percent, totaling 668 million US dollars.

Japan, the United Sates and the European Union were the major destinations, exports to which total 3.62 billion dollars. Imports from Japan, the Republic of Korea and Taiwan stood at 3.284 billion US dollars.


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