According to Qinghai Customs, in January to August 2008 period, the aggregate import and export value of Qinghai Province reached USD 436 million up by 18.2% YoY. Import value went up by 8.4% YoY and import rises by 37.1% YoY. It achieved USD 92.3 million of trade surplus.

From January to August 2008 period, ferrosilicon export value reached USD 109 million jumping 112.1% YoY. In the mean time, import of alumina, machinery products and zinc ore had increased rapidly, pushing up Qinghai import value by 37.1%. The import value of alumina stayed at USD 111.6 million picking up 6.7% YoY. And that of machinery products surged to USD 53.6 million a jump of 187.6% YoY.

Besides, in the first 8 months, private enterprises and foreign funded enterprises had been main force of foreign trade in Qinghai, accounting for 40.6% and 38.2% respectively in the total trade value. – Steel Guru