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Among them, the import volume of major bulk raw materials involved in the petrochemical industry increased significantly, and import prices rose sharply. In 2010, the import of crude oil was 239 million tons, an increase of 17.5% year-on-year. The average import price was 565 US$/ton, up 28.9% year-on-year; the import of natural rubber was 1.86 million tons, an increase of 8.8% year-on-year, and the average import price was US$3,047/ton. 85.2%.
In addition, the situation also shows that bilateral trade between China and ASEAN and other emerging markets has grown rapidly. In 2010, Sino-EU bilateral trade totaled 479.7 billion U.S. dollars, an increase of 31.8%; China-U.S. bilateral trade volume totaled 385.3 billion U.S. dollars, up 29.2%; China-U.S. bilateral trade volume was 267.8 billion U.S. dollars, an increase of 30.2%. China and ASEAN, India, Australia, Brazil, Russia and other emerging markets have witnessed rapid growth in bilateral trade. Imports and exports have increased by 37.5%, 42.4%, 46.5%, 47.5% and 43.1% respectively.
Imports of natural rubber in crude oil increased significantly in 2010
The latest import and export information released by the Ministry of Industry and Information Technology shows that in 2010, the total import and export volume reached 2972.8 billion U.S. dollars, an increase of 34.7% year-on-year. Among them, exports were 1,577.9 billion U.S. dollars, an increase of 31.3%; imports were 1,398.4 billion U.S. dollars, an increase of 38.7%. In December, the volume of imports and exports reached record highs. In December, total imports and exports reached US$295.2 billion, an increase of 21.4% year-on-year and an increase of 4% from the previous quarter.