Hainan foreign trade volume exceeds $7 billion in first half of 2013
According to the latest figures from Haikou Customs, the foreign trade volume of Hainan province reached 45.43 billion yuan ($7.25 billion) in the first half of 2013, an increase of 8.9% over the same period of last year, excluding foreign exchange.
The export volume amounted to 12.02 billion yuan ($1.92 billion), an increase of 36.5%, and the import volume was 33.41 billion yuan ($5.33 billion), an increase of 1.5%.
The main imported commodities were crude oil, paper materials, airplanes, nuclear power equipment and other high-tech products, making up 82.5% of Hainan's imports, while the export of petroleum products, solar photovoltaic products and paper products increased significantly.
Emerging markets have become Hainan’s major trading partners, and the import and export value to Africa and ASEAN were $1.99 billion and $1.21 billion in the first half of the year respectively, increases of 7.9% and 10%.