11.8% and 7.9% Growth in Actual Exports and Imports in the First Nine Months of

Food Commerce Net    13:58:00 p.m. November 25, 2008

According to Customs statistics, China has an export value of USD 1,074,060,000 and an import value of USD 893.07 billion respectively in the first nine months of the year, registering an increase of 22.3% and 29% respectively. The export price increases by 9.4% generally and the export quantity increases by 11.8% having considered the influence of price factor. The import price increases by 19.5% generally and the import quantity increases by 7.9% having considered the influence of price factor.

In terms of trade mode, price and quantity of exports through general trade increase by 17.1% and 8.4% respectively; price and quantity of exports through processing trade increase by 7.1% and 8% respectively; price and quantity of imports through general trade increase substantially by 32.4% and 11.2% respectively; price and quantity of imports through processing trade have an increase of 14.3% and decrease of 3.1% respectively.

In terms of commodity, export price and quantity of crude products increase by 30.3% and 2% respectively; export price and quantity of industrial products increase by 8.9% and 11.8% respectively; import price and quantity of crude products increase by 50.2% and 12.8% respectively; import price and quantity of industrial products increase by 9.2% and 5.7% respectively.

In terms of main export destinations, the export prince and quantity to the EU increase by 11.4% and 12.8% respectively; the export prince and quantity to the US increase by 9.2% and 1.8% respectively; the export prince and quantity to Japan increase by 14.1% and 1.7% respectively