The Total Value of Import & Export of Mechanical And Electrical Equipment Reaches USD $ 775 Billion Dollars in 2005


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It is reported by Department of Commerce on Nov. 6 that, the import & export value is expected to be USD 775 billion dollars of mechanical and electrical equipment, with a rise of 25%.

From Jan. to Nov. in 2005, the export of mechanical and electrical equipment has increased USD 94.17 billion dollars than that of the comparative period in 2004, driving an increase of 17.8 percent to foreign trade with a proportion up to 55.7% of foreign trade. Meanwhile the import of mechanical and electrical equipment has increased USD 40.13 billion dollars, driving a growth of 7.9 percent to foreign trade with a proportion up to 52.7% of foreign trade.

There is a rapid and stable development of such products as new technological mechanical and electrical equipment, conveyance, instruments & apparatus, electrical appliance & electronic equipment, mechanical equipment, etc., with a respective increase of 32.2%, 37.9%, 56%, 33% and 27.9%. Among which, there is a rise of USD 46.59 billion dollars of new& high tech mechanical and electrical equipment. Also there is a growth of USD 82.74 billion dollars of conveyance, instruments & apparatus, electrical appliance & electronic equipment, mechanical equipment.

 
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