From January to September, the total export-import volume of Changsha County reached 1.78 billion yuan, including USD 510 million in processing trade, a year-on-year increase of 76.5%. Electromechanical, high and new technologic products and agricultural products become the main driving forces of the export growth. Both export and import figures have been steadily rising.
The county’s exports to EU, Asia, Africa and Oceania all increased, but exports to North America and Latin America decreased 7% and 38.5% respectively compared to the same period of the previous year. Among which, the year-on-year decrease in the US market was 21.4%.
In terms of individual countries, the county’s export to Korea totaled USD 59.6 million for the first three quarters of 2012, topping the other export trade partners. Export to Germany was USD 23.94 million and to Japan was USD 42.4 million, a year-on-year increase of 4% and 53.5% respectively.