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Foreign trade via Fuzhou port rises dramatically


13-Jan-2005 - Xinhua
Foreign trade via the Fuzhou Port in East China's Fujian Province surged by 31.25 percent year on year to reach US$11.421 billion in 2004, according to the Fuzhou Customs.

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

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

Last year, US$2.57 billion 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 US$668 million.

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

13-Jan-2005 - Xinhua

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