The total volume of imports and exports in Hainan in January 2014 reached US $2 billion, an annual year-on-year growth of 50.7%, according to statistics released by Hainan Customs.

In January, the province saw its refined exports value grow 67.6% year on year to US $170 million and its crude oil import value amounted to US $1 billion, reflecting a year on year increase of 50.6%.

The border trade reached US $35.17 million, a year-on-year increase of 74.7%.

Danzhou and Haikou became the two major cities which have seen their import and export values accounting for 96.5% of the total figure.

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