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Total Foreign Trade Value of Chongqing from January to September Exceeding USD 40 Billion

The foreign trade value of Chongqing has maintained rapid growth since the beginning of this year, and its growth rate is significantly higher than the overall national growth rate. From January to September, the total foreign trade value of Chongqing reached USD 40.36 billion, which increased by 120% on year-on-year basis and was higher than the overall national growth rate of 6.2%.
As was told by Chongqing Customs, the export value of Chongqing from January to September reached USD 29.37 billion, increasing by 1.5 times, and the import value from January to September hit USD 10.99 billion, increasing by 69%. At present, the total foreign trade value of Chongqing ranks eleventh nationally; to be more specific, the export value ranks tenth while the import value ranks fifteenth.
Chongqing Municipal Foreign Trade and Economic Relations Commission said that the positive effects of the gradient transfer of processing trade and the vigorous development of IT industry in Chongqing in recent years had made great contribution to the rapid development of foreign trade of Chongqing. The total export & import value, export value and import value of Chongqing from January to September were respectively USD 11.61 billion, USD 10.24 billion and USD 1.37 billion, increasing by 2.2 times, 2.2 times and 1.9 times respectively on year-on-year basis. The proportion of import and export value of processing trade in total foreign trade value increased from less than 10% before 2010 to current 28.8%. In particular, Chongqing had exported 2,465 laptops from January to September, increasing by 2.2 times. It marks Chongqing laptop base is gradually approaching the upper limit of its capacity and is becoming one of the main laptop production areas in the world.
Additionally, the foreign trade mode of Chongqing presents diversified patterns. In addition to processing trade, the export & import value, export value and import value of general trade of Chongqing from January to September were respectively USD 22.46 billion, USD 17.78 billion and USD 4.68 billion, increasing by 1.2 times, 1.9 times and 12.8% respectively on year-on-year basis. The export & import value of general trade of Chongqing accounts for 55.6%. The export & import value, export value and import value of Chongqing enterprises of which goods imported or exported enter or leave Special Customs Supervision Zones were respectively USD 4.94 billion, USD 190 million and USD 4.75 billion, increasing by 2 times, 48.4% and 2.1 times respectively on year-on-year basis. The export & import value aforementioned accounts for 12.2%.
The import and export between Chongqing and EU, ASEAN, America and Taiwan was doubled and redoubled. EU maintains its role as the largest trade partner of Chongqing. The import and export value between Chongqing and EU from January and September reached USD 8.99 billion, increasing by 1.4 times; the import and export value between Chongqing and ASEAN hit USD 7.36 billion, increasing by 1.7 times; the import and export value between Chongqing and America achieved USD 6.95 billion, increasing by 1.9 times; and the import and export value between Chongqing and Taiwan was USD 1.12 billion, increasing by 1.3 times.
   

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