Anhui Leads China’s Car Export Industry
OREANDA-NEWS. July 27, 2011. Anhui province claimed the top spot in China's car export industry with a year-on-year increase of 110.2 percent and 121.7 percent in volume and value to 100,248 units and USD 708 million in the first half of 2011.
On top of automobiles, the province also did a good job in shipping abroad mechanical and electrical products, hi-tech products and agricultural products.
During the last six months, 104 countries and regions throughout the world imported vehicles from Anhui, including emerging economies like Brazil and Russia, which saw a 886.6 percent and 438.8 percent growth respectively over a year earlier. Meanwhile, the province gained a foothold in such higher-level markets as Australia and Italy by exporting 2,018 and 1,593 units of cars to them.
In addition, made-in-Anhui goods were sold to 195 countries and regions between January and June. The European Union(EU) retained its place as the largest importer of goods made in Anhui province, with the US, the Association of Southeast Asian Nations (ASEAN), Japan and Germany close behind. The province saw an increase of more than 30 percent year-on-year in the value of exports to the five markets.
The value of the province's hi-tech exports stood at USD 510 million over the past six months, up 49.3 percent compared to the same period last year.
Customs announced Anhui province ranked 14th in the country in the first half of this year with USD 14.4 billion of foreign trade values, up 32.2 percent year-on-year. The value of imports rose 24.6 percent to USD 6.8 billion and the export value stood at USD 7.6 billion - a year-on-year growth of 39.7 percent.
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