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China's Hunan sees robust foreign trade growth

November 13, 2020


Abstract : Central China's Hunan Province saw robust foreign trade growth in the first 10 months of this year, customs data showed on Friday.

CHANGSHA, Nov. 13 (Xinhua) -- Central China's Hunan Province saw robust foreign trade growth in the first 10 months of this year, customs data showed on Friday.

The total foreign trade volume increased by 6.8 percent year-on-year to nearly 379.7 billion yuan (56.9 billion U.S. dollars) over the period, according to Changsha Customs.

The Association of Southeast Asian Nations (ASEAN) remained the province's main trading partner during the period, with the total export and import volume up 35.3 percent year-on-year to 65.38 billion yuan.

Private enterprises posted strong performances. From January to October, their trade volume totaled 294.58 billion yuan, an annual increase of 8.4 percent and accounting for 77.6 percent of Hunan's total.

Hunan's exports were dominated by mechanical and electrical products, which together accounted for 44.8 percent of total exports.

The province saw a 38.8 percent increase in imports of high-tech products in the first 10 months. Enditem

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Keyword: ASEAN foreign trade

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