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Liaoning Imports and Exports

 

Liaoning has established trade and economic relations with more than 213 countries and regions in the world. Among the countries, Japan, US and South Korea are the major trading partners. Liaoning's international trade is mainly processed through the port of Dalian. Total imports and exports of Liaoning province has quadrupled from US$ 14, 910 million in 197 to US$ 59, 470 million in 2007. The trend is expected to continue as the province continues to receive full support from the Central government as seen from the enacted policy- “Revitalize Northeast China”. Furthermore, Liaoning is equipped with a solid technological base for its production and development. These factors would play a crucial role in the province future advancement in both the economy and foreign trade volume.

 

Below is the chart of Liaoning total imports and exports from year 1997 - 2009:

 

 

 

Liaoning province’s total imports have grown from US$ 5, 750 million in 1997 to US$ 24, 150 million in 2007, representing a 4.2 times growth over a period of ten years. Major imports include steel, electronic parts, rubber and tubes, while the province’s key import sources are derived from Japan, South Korea and Germany.

 

Below is the chart of total imports and trends of Liaoning province from year 1997 - 2009:

 

 

Total exports of Liaoning province has surged from US$ 9, 160 million in 1997 to US$ 35, 320 million in 2007, reflecting a 3.9 times increase over the years. Major exports consist of agricultural and fisheries products, raw materials, metals, minerals, oil, automobiles, auto parts and machine tools. The exports composition has also been optimized over the years. There is an increasing trend in the number of industrial products being exported. In 2006, machinery exports constitutes up to 37.5% of the total provincial exports. Major export destinations are Japan, US, South Korea, and Hong Kong.

 

Below is the chart of total exports and trends of Liaoning province from year 1997 - 2009:

 

 

 

 

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