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Dandong port realizes trade surplus in the first quarter
By Zhao Qian ( chinadaily.com.cn )
Updated: 2012-04-24

Dandong's growth in export drove foreign trade to increase in the first quarter. The total amount of foreign trade in Dandong reached $860 million in the first quarter, a year-on-year increase of 28.8 percent.

The import amount of foreign trade was $130 million, down by 4.1 percent. The export value of foreign trade amounted to $730 million, an increase of 37.4 percent, with a trade surplus of $600 million.

In terms of modes of trade, the trade value of general trade goods amounted to $450 million, an increase of 43.6 percent compared with that of last year. The amount of frontier small trade reached $170 million, increasing by 69 percent. Processing trade achieved $648.23 billion, a growth of 28.6 percent.

Considering the goods category, the imported mechanical and electrical products were worth $16.07 million, a tiny increase of 7.3 percent. The exported mechanical and electrical products attained $210 billion, up by 40.6 percent.

The city exported crude oil of $160 million, an increase of 28.2 percent. The exported textile and garment products as well as agricultural products reached $140 million and $87.97 million, growing by 11.5 percent and 210 percent year-on-year. The number of exported vehicles was 4,649, a 74.9 percent increase compared with the same period of last year.

 
 
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