Foreign trade through Shanghai Port to top US$200 billion
12/12/2003 16:39
Witnessing a record foreign trade volume of US$181.8 billion to date,
Shanghai Port is likely to set a new historic high in 2003 reaching an annual
total of US$200 billion, the Shanghai Customs said yesterday.
From Jan to
Nov, Shanghai Port handled US$181.8 billion worth of import and export goods, up
41.8 percent on a yearly basis. The total volume of imports rose by 46.2 percent
to reach US$796 billion and the exports rose 38.6 percent to US$102.2
billion.
Monthly export volume jumped to US$10 billion in July and continuing
into Nov, when it registered a historic high of US$10.9
billion.
Foreign-funded companies traded US$105.9 billion worth of export
(US$53.5 billion) and import (US$52.4 billion) goods, accounting for 58 percent
of Shanghai Port's total.
The European Union, United States and Japan remain
the top three trade partners, with export and import volumes of US$19.6
billion/US16.6 billion, US$23 billion/US$83 billion and US$17.8 billion/US$16.9
billion.
Vicky Xu / Shanghai Daily news
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