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Hunan Imports and Exports

 

Since reform and opening up, Hunan province has continuously undergo industrialization, urbanization and agriculture industrialization. These processes have aided the province in promoting international trade, thus bringing tremendous benefits to the province’s growth in the total imports and exports. The province has established trade relations with more than 160 countries and regions in the world. Total value of imports and exports of Hunan province have up by 5.1 times from
US$ 1, 890 million in 1997 to US$ 9, 690 million in 2007.

 

Below is the chart of Hunan total imports and exports from year 1997 - 2008:

 

 

 

Hunan’s total imports have jumped from US$ 450 million in 1997 to US$ 3, 170 million in 2007, representing a 7.1 times growth over a period of ten years. Major imported goods consist of ore, auto parts, rolled steel, and paper pulp, while the major source of imports are derived from Japan, Australia, and Germany. In 2006, the largest amount of imports is derived from Japan with a value of US$ 385 million, constituting to 17% of the total import value.

 

Below is the chart of total imports and trends of Hunan province from year 1997 - 2008:

 

 

Total exports of Hunan province has been on a upward trend from US$ 1, 450 million in 1997 to
US$ 6, 520 million in 2007, reflecting a 4.5 times increase over the years. Major export destinations include: Hong Kong, European Union, US and Japan, while key exports include rolled steel, textiles, clothing and apparels, porcelain, ceramics and firecrackers and fireworks. Hong Kong is the leading export market of Hunan province. In 2007, the province’s exports to Hong Kong reached US$ 810 million.

Below is the chart of total exports and trends of Hunan province from year 1997 - 2008:

 

 

 

 

 

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