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Tibet's foreign trade trending upward
By:chinadaily.com.cn
update:February 06,2023
A truck loaded with goods from Nepal enters the Gyirong port in Southwest China's Tibet autonomous region, Dec 28, 2022. The Gyirong port, the largest land border crossing between China and Nepal, has resumed two-way trade. [Photo/Xinhua]
 
The total value of foreign trade in the Tibet autonomous region reached 4.6 billion yuan ($680 million) last year, an increase of 14.6 percent year-on-year, according to Lhasa Customs.
 
Over the past year, exports reached 4.3 billion yuan of total trade, while imports were valued at 292 million yuan, with a trade surplus of more than 4 billion yuan.
 
In 2022, Nepal was the region's biggest trading partner, with trade volume hitting more than 1.56 billion yuan.
 
In addition, private enterprises played a significant role in the region's foreign trade last year, with the total import and export value reaching over 4.4 billion yuan — more than 97 percent of the region's total foreign trade.

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