Hainan’s import and export value hit record high in 2010
Hainan’s import and export value in 2010 hit record high of $US10.8 billion, surpassing the pre-crisis level of US$ 10.5 billion in 2008, according to statistics released by the Hainan Customs.
According to the statistics, Hainan’s import value stood at $US8.41 billion in 2010, a year-on-year increase of 20%. The export value was US$ 2.39 billion, up 25.8% over that of 2009.
Crude oil, aircrafts, wood pulps and machine equipments are the major import products in Hainan.
The major export products including agricultural products, textile & apparels and natural gas have kept dramatic export growth in 2010.
Among Hainan’s trade partners, ASEAN countries become the largest export market. The total value of export to ASEAN countries amounted to $US 106 million in 2010, up 27.7%. The 5 major product import sources in Hainan are Oman, Angola, Libyan, USA and UN.