North China's port city of Tianjin reported 59.9 billion US dollars of foreign trade in the first nine months of this year, up 24 percent on the same period last year, according to the latest customs statistics.

This includes 33 billion US dollars worth of exports and 26.9 billion US of imports, up 23 percent and 26 percent year-on-year, according to the Tianjin municipal customs.

Tianjin is the largest foreign trade port in northern China.

In the first nine months, foreign-owned companies based in Tianjin reported 28.3 billion US dollars of foreign trade, contributing 47 percent of the city's total trade volume.

During the period, state-owned enterprises contributed 22 billion US dollars of foreign trade, or 37 percent of the total.

Between January and September, Tianjin posted 35.1 billion US dollars of general trade and 17.5 billion US dollars of processing trade, both up 23 percent year-on-year.

Electronic products and machinery retained top position in the city's exports, while imports were mainly iron ore and crude oil.

During the period, Tianjin exported 5.6 billion US dollars worth of electronic products, or 17 percent of the total, and exported 3.2 billion US dollars worth of machinery, or 9.7 percent of the total.

From January to September, Tianjin imported 1.62 billion US dollars worth of iron ore and 770 million US dollars worth of crude oil.

The United States, Japan, the Republic of Korea, Germany and Australia were the city's major trade partners in the first nine months of this year. Their trade volume with Tianjin totaled 31.8 billion US dollars, or 53 percent of the city's total, statistics show.

Source: Xinhua