Economy

Nepal remains top trade partner of China's Tibet

(Xinhua)
Updated: 2011-02-27 15:20

LHASA - Nepal continued to be Tibet's top trade partner with bilateral trade up 90.2 percent year on year in January to $59.67 million, the local customs of the autonomous region in southwest China said Sunday.

Related readings:  Chinese book exhibition kicks off in Nepal  China's Tibet sees booming trade with Nepal, India

In January, Tibet generated $87.66 million in foreign trade, a 39.6-percent year-on-year rise, and trade with Nepal accounted for 68.1 percent.

The monthly total included $81.72 million of exports, up 57.8 percent.

Last year, bilateral trade between Tibet and Nepal stood at $542 million, up 65 percent over the previous year.

Nepal has remained the top trade partner of Tibet since 2001.

Tibet generated $836 million in foreign trade in 2010, up 107.9 percent year on year. The growth rate was more than 200 percent higher than the national average of 34.7 percent.