China's furniture exports in the first 11 months of 2011 was 33.8 billion US dollars

The General Administration of Customs announced the import and export of China's foreign trade in the first 11 months. According to customs statistics, from January to November this year, the total value of China's foreign trade import and export was 303.62 billion US dollars, an increase of 23.6% over the same period last year (the same below). Among them, exports were 1,724.01 billion US dollars, up 21.1%; imports were 1,585.61 billion US dollars, up 26.4%. The trade surplus was 138.4 billion US dollars, narrowing 18.2%. Customs statistics show that in November, China’s total import and export value was 334.4 billion US dollars, an increase of 17.6%. Of this total, exports were US$174.46 billion, up 13.8%; imports were US$159.94 billion, up 22.1%. The trade surplus for the month was 14.52 billion US dollars, narrowing by 34.9%.


In bilateral trade with major trading partners, trade growth in emerging market countries is strong. In the first 11 months of this year, the bilateral trade volume between China and the EU was US$517.11 billion, an increase of 19.2%. During the same period, the total bilateral trade volume between China and the United States was US$405.43 billion, an increase of 16.9%. In the first 11 months, the bilateral trade volume between China and ASEAN was 328.96 billion US dollars, an increase of 25.1%. Among them, I exported 155.31 billion U.S. dollars to ASEAN, up 23.4%; I imported 175.45 billion U.S. dollars from ASEAN, an increase of 26.5%; and the trade deficit with ASEAN reached 21.94 billion U.S. dollars, an increase of 53.5%. The bilateral trade between China and Japan totaled US$312 billion, an increase of 16.5%. The total value of bilateral trade imports and exports to Australia, Brazil, Russia and South Africa was 106.35 billion, 77.56 billion, 72.05 billion and 41.45 billion, respectively, up 33.8%, 36.7%, 44% and 82.5%, respectively. China's overall import and export growth rate indicates that China's trade growth in emerging market countries is strong.


Statistics show that Guangdong, Jiangsu and other seven provinces and cities accounted for more than 80% of foreign trade, and the export of the central and western regions has grown rapidly. In the first 11 months of this year, the total import and export value of Guangdong Province was 830.9 billion US dollars, an increase of 17.9%. In the same period, the import and export values ​​of Jiangsu, Shanghai and Beijing were 490.66 billion, 398.77 billion and 353.12 billion, respectively, up 16.4%, 19.6% and 30.5%. In addition, the import and export values ​​of Zhejiang, Shandong and Fujian provinces were 28.14 billion, 214.42 billion and 130.12 billion, respectively, up 22.6%, 25.6% and 33.7%. The total import and export value of the above seven provinces and cities accounted for 81.6% of the total import and export value of the country.

In terms of exports, in the first 11 months, Guangdong's exports were US$ 4.822.4 billion, an increase of 18.8%. Jiangsu Province, Zhejiang Province and Shanghai exported 284.87 billion, 197.01 billion and 191.34 billion US dollars respectively, up 16.2%, 20.1% and 16.4% respectively. In addition, Shandong, Fujian and Beijing exported 114.5 billion, 84.26 billion and 53.4 billion US dollars respectively, up 21.4%, 31.4% and 5.9% respectively. The growth rate of exports in the central and western regions was significantly higher than the overall export growth rate in the same period of the country. The export growth rates of Chongqing, Henan, Guizhou and Jiangxi provinces were 1.8 times, 78.4%, 56.3% and 68.1% respectively.


Among the export commodities, in the first 11 months, China’s exports of mechanical and electrical products reached US$983.98 billion, an increase of 16.8%. Among them, the export of electrical and electronic products was US$403.56 billion, an increase of 15.1%; the mechanical equipment was US$321.36 billion, an increase of 15%. Traditional commodity exports grew steadily, with apparel exports at $139.78 billion, up 19.5%; textiles at $86.37 billion, up 24%; and footwear at $37.75 billion, up 17.2%. Furniture and its parts exported US$3.988 billion in the month of November; US$33.858 billion from January to November, and US$29.516 billion in the same period of 2010, a cumulative increase of 14.7% over the same period last year.

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