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Home >> Business
UPDATED: 17:06, December 19, 2006
Shanghai Port posts 22-percent growth in foreign trade in Jan.-Nov.
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Shanghai Port in east China realized 390.2 billion U.S. dollars in foreign trade in the first 11 months of this year, a growth of 22.2 percent over the year-earlier level.

Local customs sources said the total included 243.8 billion U.S. dollars in export value, up 25.3 percent, and 146.4 billion U.S. dollars in import value, up 17.4 percent.

Of the total, 250.2 billion U.S. dollars, or 64.2 percent, was contributed by foreign-funded enterprises, up 24.2 percent, the sources added.

The private sector's foreign trade via Shanghai Port soared 44.4 percent to 49.9 billion U.S. dollars in the 11-month period.

Machines and electronics remained as major items in external trade via the port. Between January and November, Shanghai exported 139.5 billion U.S. dollars worth of such products, up 27.1 percent, and imported 93.9 billion U.S. dollars worth, up 19.2 percent.

The United States and Japan continued to be Shanghai's top two trade partners.

In the Jan.-Nov. period, Shanghai sold 59.2 billion U.S. dollars worth of goods to the United States, up 28.2 percent, and bought 28.1 billion U.S. dollars worth from Japan, up 16.5 percent.

Source: Xinhua


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