SHANGHAI's trade value rose 26.2 per cent year on year to a record-breaking sum of US$54.4 billion in April, Xinhua reported.
Its export value increased 27.2 per cent to $34.1 billion while import value went 24.8 per cent up to $20.4 billion, both setting new highs.
From January to April, Shanghai's trade value cumulated $194 billion, up 24.6 per cent year on year, 5.3 per cent faster than the growth recorded a year ago.
Export value rose 25.9 per cent to $122.5 billion, 4.8 per cent faster year on year. Import value rose 22.4 per cent to $71.5 billion, 6.1 per cent faster.
During the first four months, Shanghai's trade with US increased 13.4 per cent to $32.6 billion, 5.7 per cent slower year on year.
Trade with Africa soared 56 per cent to $4.8 billion. The growth was the fastest among all Shanghai's trade partners. Export to this region climbed 38.5 per cent in value to $3.9 billion. Import value surged 84.4 per cent to $940 million.
The European Union continued to be Shanghai's top trade partner. Trade with the EU increased 29.5 per cent to 43.3 billion, taking up 22.3 per cent of Shanghai's trade value total.
Japan was Shanghai's third largest trade partner. Trade with Japan increased 21.2 per cent to $27.4 billion. Asean was the fourth largest trade partner for Shanghai, with a trade value of $19.5 billion, up 31.6 per cent.
Its export value increased 27.2 per cent to $34.1 billion while import value went 24.8 per cent up to $20.4 billion, both setting new highs.
From January to April, Shanghai's trade value cumulated $194 billion, up 24.6 per cent year on year, 5.3 per cent faster than the growth recorded a year ago.
Export value rose 25.9 per cent to $122.5 billion, 4.8 per cent faster year on year. Import value rose 22.4 per cent to $71.5 billion, 6.1 per cent faster.
During the first four months, Shanghai's trade with US increased 13.4 per cent to $32.6 billion, 5.7 per cent slower year on year.
Trade with Africa soared 56 per cent to $4.8 billion. The growth was the fastest among all Shanghai's trade partners. Export to this region climbed 38.5 per cent in value to $3.9 billion. Import value surged 84.4 per cent to $940 million.
The European Union continued to be Shanghai's top trade partner. Trade with the EU increased 29.5 per cent to 43.3 billion, taking up 22.3 per cent of Shanghai's trade value total.
Japan was Shanghai's third largest trade partner. Trade with Japan increased 21.2 per cent to $27.4 billion. Asean was the fourth largest trade partner for Shanghai, with a trade value of $19.5 billion, up 31.6 per cent.