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Local

Hunan foreign trade up 20.2 pct in Jan.-April

May 18, 2020


Abstract : Central China's Hunan Province saw its foreign trade rise 20.2 percent year on year to 131.51 billion yuan (about 18.52 billion U.S. dollars) in the first four months of this year, local authorities said Saturday.

CHANGSHA, May 16 (Xinhua) -- Central China's Hunan Province saw its foreign trade rise 20.2 percent year on year to 131.51 billion yuan (about 18.52 billion U.S. dollars) in the first four months of this year, local authorities said Saturday.

Exports rose 15.1 percent year on year to 86.38 billion yuan while imports gained 31.4 percent to 45.13 billion yuan, according to the customs of Changsha, the provincial capital.

The ASEAN became Hunan's largest trade partner during the period, with imports and exports totaling 20.83 billion yuan, up 38.9 percent year on year.

From January to April, Hunan saw its private enterprises play a major role in its foreign trade growth.

Among the exports, Hunan reported remarkable growth in mechanical and electrical products as well as labor-intensive products during this period.

Meanwhile, the province reported an increase in iron ore, grain and coal imports. Enditem

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Keyword: Hunan foreign trade

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