Imports, exports surge through Shanghai's port
The import and export value handled by the Port of Shanghai reached $79.504 billion (U.S.) in the first nine months of 2000, an increase of 49.6 percent over the same period in 1999, surpassing the figure of $76.151 billion for all of 1999.
The PSA reported imports through general trade reached $15.385 billion in the nine months, a 64.7 percent over the same 1999 period. Imports through processing trade hit $12.418 billion, rising 50.0 percent. Imports through bonded warehousing were $2.875 billion, rising 150 percent.
The PSA reported over 50 percent of the imports were electronic and mechanical products, rising 52.3 percent.
Exports to Asia via the port were valued at $21.179 billion, rising 44.5 percent over the same period in 1999. Exports to Europe were $9.531 billion, rising 47.6 percent. North America exports were $10.121 billion, a rise of 38.4 percent.. The port reported export of mechanical products, electronics, garments and textiles grew significantly.
State-owned enterprises were reported to have exported $22.324 billion worth of products through the Port of Shanghai in the first nine months of 2000, an increase of 39.2 percent over the same 1999 period.
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