China's petrochemical industry's export-import value up 2.3% in Jan-Nov

The export and import value of the petrochemical industry in China climbed 2.3% year on year to US$369.6 billion in the first eleven months of 2013, according to the latest statistics released by the National Development and Reform Commission.

The industry's import value climbed 0.7% year on year to US$208.5 billion from Jan to Nov, while its export value rose 4.6% year on year to US$161.1 billion. A trade deficit of US$47.4 billion was recorded in the period.

The imports of organic chemicals increased 14.8% year on year to US$49.9 billion, while those of synthetic resins climbed 3.7% year on year to US$46.2 billion.

The country imported US$12.9 billion of synthetic fiber monomer in the first eleven months, 18.9% less than in the same period of 2012.

The imports of inorganic chemicals rose 1.2% to US$8.64 billion, and the imports of synthetic rubber dropped 14.3% to US$4.06 billion.