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ASEAN Becomes Hubei's Third Largest Trade Partner


Post Date: 22 May 2010    Viewed: 501

It was known by the reporter from Wuhan Customs that ASEAN has surpassed the US to be Hubei’s third largest trade partner, shy of the EU and Japan. In the first 4 months of this year, bilateral trade totally amounted to USD650m, up 60.9% year-on-year.


Among them, the provincial export to ASEAN reached USD440m, up 37.6% year-on-year; and import from ASEAN USD210m, up 1.5 times year-on-year.


Data from the Customs indicated that in the first 4 months of this year, total value of foreign trade import and export of the province accumulatively reached USD7.2b, up 42.1% from the same period last year. Among them, export was USD4.02b, up 41.2% year-on-year; and import USD3.18b, up 43.2% year-on-year.


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