Chemical News

China: Hong Kong still largest receiver of jet from Mainland China: GAC

https://www.chemnet.com Jul 28,2010

Hong Kong imported 1.63-mil mt of jet from Mainland China in the first half of this year, taking up 51.35% of China's jet exports, higher than another countries and regions, showed data from the General Administration of Customs.
Hong Kong is always major receiver of Chinese jet due to robust demand from international flight, market sources denoted. The Hong Kong government has signed long-term purchase contract with Sinopec to secure its jet supply, the sources said.
The UAE still ranked as the second largest receiver in the period, importing 410,278mt, roaring 910% year-on-year, followed by the USA and Singapore, according to the GAC data.

China's Jet Exports by Destination in Q2'10						Unit: -mt
Country/region	Q2'10	Q1'10	QOQ %	YOY %	H1'10	YOY %
Hong Kong	738,369	892,693	-17%	-4%	1,631,062	12%
UAE	213,314	196,965	8%	734%	410,278	910%
Vietnam	114,684	130,013	-12%	63%	244,697	100%
USA	71,882	70,079	3%	-50%	141,961	-40%
Singapore	30,924	54,126	-43%	-47%	85,050	10%
Macao	37,221	42,107	-12%	33%	79,328	13%
Japan	10,089	32,085	-69%	-44%	42,174	48%
Germany	17,242	10,633	62%	-67%	27,875	-66%
France	13,286	7,865	69%	-66%	21,151	-65%
Russia	13,079	7,355	78%	-42%	20,433	-43%
Holland	10,476	7,349	43%	-70%	17,824	-69%
Canada	11,385	7,207	58%	-32%	18,592	-34%
Malaysia	8,288	4,979	66%	-28%	13,267	-29%
Britain	6,827	4,690	46%	-76%	11,516	-76%
Sweden	6,222	4,288	45%	5%	10,511	-11%
Others	246,296	154,065	60%	1%	400,361	11%
Total	1,549,583	1,626,498	-5%	-2%	3,176,082	15%
Source: General Administration of Customs of PRC

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