Foreign trade value increased 19.6% to RMB 3.65 billion in 2011. Export value was US$3.01 billion, representing a rise of 6.1% over the previous year. while import value stood at US$640 million, increased 197.5% year on year. Russia is Jiamusi's largest foreign trade partner. In 2011, foreign trade with Russia amounted to US$900 million, increased 24.5% over the previous year, accounting for 24.66% of the city's foreign trade. The utilized FDI in Jiamusi hit US$150 million in 2011, increased 33.5% over the previous year.