China foreign trade rises 44% in January, chemical imports climb

10 February 2010 09:02  [Source: ICIS news]

GUANGZHOU (ICIS news)--China’s foreign trade in January increased 44.4% year on year to $204.78bn (€149.5bn), with imports of chemicals up significantly from the same month last year, according to official data released on Wednesday.

Total exports in January were up by 21.0% year on year to $109.48bn, while imports increased by 85.5% year on year to $95.31bn, according to data released by the General Administration of Customs. 

Exports and imports fell by 16.3% and 15.1% respectively from December 2009 levels, according to the data.

Crude oil imports in January rose 33.4% year on year to 17m tonnes, while imports of ABS resins increased 57.2% year on year to 167,638 tonnes, the figures showed.

The country imported 15,668 tonnes of polyester chips in January, up 37.4% year on year, according to the agency's figures.

Last month's imports of natural rubber and synthetic rubber amounted to 170,000 tonnes and 127,129 tonnes respectively, with both having increased nearly threefold compared with January 2009, the data showed

($1 = €0.73)

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