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Gyirong Port's quarterly volume of import and export trade reaches 78.03 million dollars

By Megan Source:China Tibet News 2016年05月18日 17:25

At present, Gyirong Port has been recovering steadily and has gradually become the main channel for China-Nepal trade with the largest border trade volume in southwest China's Tibet Autonomous Region. According to Lhasa Customs Agency, the total volume of import and export trade at Gyirong Port is increasing rapidly due to the Nepal market's active demand for Chinese commodities ever since it reopened on October 13, 2016.

According to statistics released by Lhasa Customs Agency, the cargoes exported at Gyirong Port are mainly agricultural and sideline products, various clothing, small household appliances and so on in the first quarter of this year. Besides, the cargoes imported at Gyirong Port are mainly brass statues, ornaments, textiles and so on in January and February of this year. The total import and export value of Gyirong Port is 509 million yuan RMB (about 78.03 million U.S dollars), a 4.273 times' increase year-on-year. The total value of small-scaled import and export border trade is 437 million yuan RMB (about 66.99 million U.S dollars), a 3.528 times' increase compared with the same period of last year. The rapid growth of small-scaled border trade has effectively promoted the foreign trade development of Gyirong Port and laid a solid foundation for the port's further opening up this year.

In recent years, Nepal's demand for commodities has been continuously increasing. In 2015, the total value of cargoes imported and exported at Gyirong Port is 599 million yuan RMB (about 91.83 million U.S dollars), which is 7.35 times of that in 2014. According to statistics released by Lhasa Customs Agency, the total value of cargoes imported and exported at Gyirong Port is 599 million yuan RMB in 2015, a 7.35 time's increase year-on-year, accounting 99.83% of the annual total value of cargoes imported and exported in Tibet.

According to the related officials of Lhasa Customs Agency, Gyirong Port has a good development prospect in the future. Since this year, Gyirong Customs Agency, which is subordinate to Lhasa Customs Agency, has been actively implementing various measures on promoting and stabilizing growth of Tibet's foreign trade. Currently, Gyirong Port has become one of the national first-class land trading ports established by the State Council. Moreover, it has normalized export activity at the China-Nepal border and got ready for being a "major avenue for opening up to South Asia".


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