General Administration of Customs: China's imports and exports in the first 10 months of this year increased by 9.5% year-on-year

　　China News Service, November 7th. According to the data released by the General Administration of Customs on the 7th, in the first 10 months of this year, my country's total import and export value was 34.62 trillion yuan, an increase of 9.5% over the same period last year (the same below).

Among them, exports were 19.71 trillion yuan, an increase of 13%; imports were 14.91 trillion yuan, an increase of 5.2%; trade surplus was 4.8 trillion yuan, an increase of 46.7%.

In US dollar terms, the total value of my country's imports and exports in the first 10 months was US$5.26 trillion, an increase of 7.7%.

Among them, the export was 2.99 trillion US dollars, an increase of 11.1%; the import was 2.27 trillion US dollars, an increase of 3.5%; the trade surplus was 727.7 billion US dollars, an increase of 43.8%.

　　In October, my country's total import and export value was 3.55 trillion yuan, an increase of 6.9%.

Among them, the export was 2.07 trillion yuan, an increase of 7%; the import was 1.48 trillion yuan, an increase of 6.8%; the trade surplus was 586.81 billion yuan, an increase of 7.6%.

In dollar terms, my country's total import and export value in October was US$511.59 billion, down 0.4%.

Among them, the export was 298.37 billion US dollars, down 0.3%; the import was 213.22 billion US dollars, down 0.7%; the trade surplus was 85.15 billion US dollars, an increase of 0.9%.

　　General trade imports and exports increased by double digits.

In the first 10 months, my country's general trade import and export reached 22.09 trillion yuan, an increase of 13.3%, accounting for 63.8% of China's total foreign trade value, an increase of 2.1 percentage points over the same period last year.

Among them, exports were 12.56 trillion yuan, an increase of 18.4%; imports were 9.53 trillion yuan, an increase of 7.2%.

In the same period, the import and export of processing trade was 7.02 trillion yuan, an increase of 3.2%, accounting for 20.3%.

Among them, exports were 4.47 trillion yuan, an increase of 5.1%; imports were 2.55 trillion yuan, basically the same as the same period last year.

In addition, my country's import and export of bonded logistics was 4.29 trillion yuan, an increase of 9.2%.

Among them, exports were 1.65 trillion yuan, an increase of 13.2%; imports were 2.64 trillion yuan, an increase of 6.8%.

　　Imports and exports to major trading partners such as ASEAN, the European Union and the United States increased.

In the first 10 months, ASEAN was China's largest trading partner. The total trade value between China and ASEAN was 5.26 trillion yuan, an increase of 15.8%, accounting for 15.2% of China's total foreign trade value.

Among them, the export to ASEAN was 3.06 trillion yuan, an increase of 22.7%; the import from ASEAN was 2.2 trillion yuan, an increase of 7.5%; the trade surplus with ASEAN was 854.75 billion yuan, an increase of 93.3%.

The EU is China's second largest trading partner. The total trade value between China and the EU is 4.68 trillion yuan, an increase of 8.1%, accounting for 13.5%.

Among them, the export to the EU was 3.11 trillion yuan, an increase of 15.9%; the import from the EU was 1.57 trillion yuan, a decrease of 4.7%; the trade surplus with the EU was 1.54 trillion yuan, an increase of 48.8%.

The United States is China's third largest trading partner. The total value of my trade with the United States is 4.21 trillion yuan, an increase of 6.8%, accounting for 12.2%.

Among them, the export to the United States was 3.25 trillion yuan, an increase of 8.4%; the import from the United States was 953.84 billion yuan, an increase of 1.7%; the trade surplus with the United States was 2.3 trillion yuan, an increase of 11.4%.

South Korea is China's fourth largest trading partner. The total trade value between China and South Korea is 2.02 trillion yuan, an increase of 6.5%, accounting for 5.8%.

Among them, the export to South Korea was 898.63 billion yuan, an increase of 16.3%; the import from South Korea was 1.12 trillion yuan, a decrease of 0.3%; the trade deficit with South Korea was 218.86 billion yuan, a decrease of 37.2%.

During the same period, my country’s total imports and exports to countries along the “Belt and Road” reached 11.23 trillion yuan, an increase of 20.9%.

Among them, exports were 6.38 trillion yuan, an increase of 21.4%; imports were 4.85 trillion yuan, an increase of 20.3%.

　　The import and export of private enterprises grew rapidly.

In the first 10 months, the import and export of private enterprises was 17.44 trillion yuan, an increase of 14.4%, accounting for 50.4% of the total value of China's foreign trade, an increase of 2.2 percentage points over the same period last year.

Among them, exports were 11.87 trillion yuan, an increase of 19%, accounting for 60.2% of the total export value; imports were 5.57 trillion yuan, an increase of 5.7%, accounting for 37.4% of the total import value.

In the same period, the import and export of foreign-invested enterprises reached 11.56 trillion yuan, an increase of 1.5%, accounting for 33.4% of China's total foreign trade value.

Among them, exports were 6.26 trillion yuan, an increase of 4.5%; imports were 5.3 trillion yuan, a decrease of 1.9%.

The import and export of state-owned enterprises was 5.55 trillion yuan, an increase of 14.5%, accounting for 16% of the total value of China's foreign trade.

Among them, exports were 1.56 trillion yuan, an increase of 9%; imports were 3.99 trillion yuan, an increase of 16.8%.

　　Exports of mechanical and electrical products and labor-intensive products both increased.

In the first 10 months, my country exported 11.25 trillion yuan of mechanical and electrical products, an increase of 9.6%, accounting for 57.1% of the total export value.

Among them, automatic data processing equipment and its parts were 1.32 trillion yuan, an increase of 0.5%; mobile phones were 779.04 billion yuan, an increase of 8.7%; automobiles were 309.17 billion yuan, an increase of 72%.

In the same period, the export of labor-intensive products was 3.54 trillion yuan, an increase of 11.2%, accounting for 18%.

Among them, clothing and clothing accessories were 974.75 billion yuan, an increase of 8.6%; textiles were 825.95 billion yuan, an increase of 8.5%; plastic products were 586.78 billion yuan, an increase of 14.2%.

In addition, 56.358 million tons of steel were exported, a decrease of 1.8%; 39.909 million tons of refined oil, a decrease of 24.5%; 20.193 million tons of fertilizers, a decrease of 31.1%.

　　The import volume and price of iron ore fell, and the import volume of crude oil, coal, natural gas and soybeans decreased in price.

In the first 10 months, my country imported 917 million tons of iron ore, down 1.7%, and the average import price (the same below) was 796.1 yuan per ton, down 29.1%.

During the same period, imported crude oil was 414 million tons, down 2.7%, or 4812.7 yuan per ton, up 53.1%; coal was 230 million tons, down 10.5%, or 976.7 yuan per ton, up 56.3%; natural gas was 88.737 million tons, down 10.4%, per ton 4095.3 yuan, up 58.5%; soybeans 73.177 million tons, down 7.4%, 4429.7 yuan per ton, up 25.6%; primary shape plastic 25.266 million tons, down 10.8%, 12,400 yuan per ton, up 8%; refined oil 1990.5 10,000 tons, down 10.9%, to 5,141.7 yuan per ton, up 31.7%.

In addition, imports of unwrought copper and copper products were 4.818 million tons, an increase of 8.8%, and 62,300 yuan per ton, an increase of 2.6%.

During the same period, the import of mechanical and electrical products was 5.78 trillion yuan, down 3.5%.

Among them, 458.02 billion integrated circuits, a decrease of 13.2%, valued at 2.31 trillion yuan, an increase of 3%; automobiles (including chassis) 746,000, a decrease of 6.6%, valued at 297.97 billion yuan, an increase of 3.5%.

(Zhongxin Finance)

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