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November 20, 2008

         

Guangdong's January to October grains export down 26.5 percent
             

 

The export volume of grains, including paddy, paddy powder, beans, and potatoes, in South China's developed Guangdong Province reached 166,000 tonnes in the first ten months of 2008, down 26.5 percent over the same period of a year earlier.

 

The export value got to US$ 83.3 million, growing 12.9 percent over a year earlier, according to a local report on November 18.

 

Data show that average monthly export in the first 8 months of this year witnessed a drop of more than 20 percent and the drop in September and October slowed down, respectively.

 

In the first 10 months of this year, the export of grains from the province to Hong Kong came to 122,000 tonnes, rising 16 percent over a year earlier and accounting for 73.7 percent of the total grains export in the province, and the export to the EU arrived at as much as 8,000 tonnes, leaping 45.1 percent over the previous year.

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