OREANDA-NEWS. December 19, 2013. The export and import value of the petrochemical industry in China climbed 2.3% year on year to USD334.6 billion in the first ten months of this year, according to the latest statistics released by the National Development and Reform Commission.

The industry's import value climbed 0.6% year on year to USD188.5 billion from Jan to Oct, while its export value rose 4.5% year on year to USD 146.2 billion. A trade deficit of USD 42.3 billion was recorded in the period.

The imports of organic chemicals increased 15.1% year on year to USD 45.1 billion, while those of synthetic resins climbed 2.9% year on year to USD 41.4 billion.

The country imported USD 11.8 billion of synthetic fiber monomer in the first ten months, 19.3% less than in the same period of last year.

The imports of inorganic chemicals fell 0.5% to USD 7.48 billion, and the imports of synthetic rubber dropped 15.3% to USD 3.69 billion.