Customs Statistics: China'S Total Value Of Foreign Trade Import And Export Increased By 8.3% In The First Five Months

According to customs statistics, in the first five months of this year, China's total import and export value was 16.04 trillion yuan, an increase of 8.3% over the same period last year (the same below).

Among them, exports reached 8.94 trillion yuan, an increase of 11.4 percent; Imports were 7.1 trillion yuan, up 4.7 percent; The trade surplus was 1.84 trillion yuan, an increase of 47.6%. In the first five months, China's total import and export value was 2.51 trillion US dollars, an increase of 10.3%.

Among them, exports reached 1.4 trillion US dollars, an increase of 13.5%; Imports were $1.11 trillion, up 6.6 percent; The trade surplus reached US $290.46 billion, an increase of 50.8%.

In May, China's total import and export value reached 3.45 trillion yuan, an increase of 9.6%.

Among them, exports reached 1.98 trillion yuan, an increase of 15.3%; Imports reached 1.47 trillion yuan, up 2.8 percent; The trade surplus was 502.89 billion yuan, an increase of 79.1%. In May, China's total import and export value was 537.74 billion US dollars, an increase of 11.1%. Export increased by US $308.59 billion; Imports reached US $229.49 billion, up 4.1 percent; The trade surplus reached US $78.76 billion, an increase of 82.3%.

The import and export of general trade increased and its proportion increased. In the first five months, China's general trade import and export reached 10.27 trillion yuan, an increase of 12%, accounting for 64% of China's total foreign trade value, an increase of 2.1 percentage points over the same period last year.

Among them, exports reached 5.71 trillion yuan, an increase of 16.8 percent; Imports were 4.56 trillion yuan, an increase of 6.5%. Over the same period, the import and export of processing trade reached 3.3 trillion yuan, an increase of 1.9%, accounting for 20.6%, down 1.3 percentage points. Among them, exports reached 2.07 trillion yuan, an increase of 2%; Imports were 1.23 trillion yuan, up 1.7%. In addition, China's imports and exports in the form of bonded logistics reached 1.93 trillion yuan, an increase of 8.3%.

Among them, exports reached 708.79 billion yuan, an increase of 14%; Imports were 1.22 trillion yuan, up 5.2%.

Imports and exports to ASEAN, the European Union, the United States and other major trading partners increased. In the first five months, ASEAN was China's largest trading partner. The total trade value between China and ASEAN was 2.37 trillion yuan, an increase of 8.1%, accounting for 14.8% of China's total foreign trade.

Among them, exports to ASEAN reached 1.35 trillion yuan, an increase of 12%; Imports from ASEAN reached 1.02 trillion yuan, up 3.4 percent; The trade surplus with ASEAN was 330.92 billion yuan, an increase of 50.6%. The EU is China's second largest trading partner, with a total trade value of 2.2 trillion yuan, an increase of 7%, accounting for 13.7%.

Among them, exports to the EU reached 1.45 trillion yuan, an increase of 17.4%; Imports from the European Union totaled 756.58 billion yuan, down 8.5 percent; The trade surplus with the EU was 690.81 billion yuan, an increase of 70.2%. China and the US trade partners accounted for 12.5% of China's total trade value, accounting for 10.1% of China's total trade value.

Among them, exports to the United States reached 1.51 trillion yuan, an increase of 12.9 percent; Imports from the United States totaled 489.27 billion yuan, up 2.1 percent; The trade surplus with the United States was 1.02 trillion yuan, an increase of 19%. South Korea is China's fourth largest trading partner, with a total trade value of 970.71 billion yuan, an increase of 8.2%, accounting for 6.1%.

Among them, exports to South Korea totaled 419.91 billion yuan, an increase of 14.8 percent; Imports from South Korea totaled 550.8 billion yuan, up 3.6 percent; The trade deficit with South Korea was 130.89 billion yuan, narrowing by 21%. Over the same period, China's imports and exports to countries along the belt and road totaled 5.11 trillion yuan, an increase of 16.8%.

Among them, exports reached 2.84 trillion yuan, an increase of 15.2%; Imports were 2.27 trillion yuan, up 18.9 percent.

The import and export of private enterprises increased rapidly and their proportion increased. In the first five months, the import and export of private enterprises reached 7.86 trillion yuan, an increase of 11.8%, accounting for 49% of China's total foreign trade value, an increase of 1.5 percentage points over the same period last year.

Among them, exports reached 5.28 trillion yuan, an increase of 16.7%, accounting for 59% of the total export value; Imports reached 2.58 trillion yuan, an increase of 2.9%, accounting for 36.5% of the total import value. Over the same period, the import and export of foreign-invested enterprises reached 5.53 trillion yuan, an increase of 1.4%, accounting for 34.5% of China's total foreign trade value.

Among them, exports reached 2.96 trillion yuan, an increase of 4.5 percent; Imports were 2.57 trillion yuan, down 1.9%. The import and export of state-owned enterprises reached 2.62 trillion yuan, an increase of 16.1%, accounting for 16.4% of China's total foreign trade value. Among them, exports reached 698.91 billion yuan, an increase of 7.1%; Imports were 1.93 trillion yuan, up 19.8%.

The export of mechanical and electrical products and labor-intensive products increased. China's export value of mechanical and electrical products increased by 2.5% in the first month, accounting for 57% of China's exports.

Among them, automatic data processing equipment and its parts and components reached 622.61 billion yuan, an increase of 1.7 percent; Mobile phones reached 363.16 billion yuan, up 2.3 percent; Automobiles reached 119.05 billion yuan, up 57.6 percent. Over the same period, the export of labor-intensive products reached 1.58 trillion yuan, an increase of 11.6%, accounting for 17.6%.

Among them, textile industry reached 400.72 billion yuan, an increase of 10%; Clothing and accessories totaled 396.75 billion yuan, up 8.1 percent; Plastic products totaled 271.88 billion yuan, an increase of 13.4%. In addition, 25.915 million tons of steel products were exported, a decrease of 16.2%; The refined oil was 18.445 million tons, a decrease of 38.5%; 7.57 million tons of fertilizer, a decrease of 41.1%.

The import volume and price of iron ore fell, while the import volume of crude oil, coal, natural gas and soybean decreased and rose. In the first five months, China imported 447 million tons of iron ore, a decrease of 5.1%. The average import price was 789.6 yuan per ton, down 28.1%.

Over the same period, imports of crude oil were 217 million tons, down 1.7%, and the average import price was 4463 yuan per ton, up 55.6%; The average import price was 1018.2 yuan per ton, up 105.3%; The average import price of natural gas was 3815.3 yuan per ton, up 70.3%;

Soybean was 38.035 million tons, down 0.4%, and the average import price was 4063.9 yuan per ton, up 23.3%; The average import price was 12300 yuan per ton, up 12.3%;

The average import price was 5167.2 yuan per ton, up 38.8%; Steel was 4.98 million tons, down 18.3%, and the average import price was 9776.6 yuan per ton, up 26.5%. In addition, 2.044 million tons of unwrought copper and copper products were imported, an increase of 1.6%, and the average import price was 64900 yuan per ton, up 12.1%.

Over the same period, imports of mechanical and electrical products reached 2.8 trillion yuan, down 2.3%.

The value of integrated circuits decreased by 10.1 trillion yuan, or 23.7 billion yuan; 388000 vehicles (including chassis) decreased by 9.5% to 158.23 billion yuan, an increase of 5.7%.