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    In 2018, China'S Foreign Trade Import And Export Reached A Record High Of Over 30 Trillion Yuan.

    2019/1/15 9:21:00 27

    Foreign TradeImport And Export

    The State Council held a press conference today to introduce the import and export situation in 2018.

    Li Kuiwen, spokesman of the General Administration of customs, pointed out at the meeting that in 2018, China's import and export scale reached a record high and is expected to continue to maintain the status of the world's largest trade in goods.

    "In 2005, China's foreign trade import and export value for the first time exceeded 10 trillion yuan; in 2010, it exceeded 20 trillion yuan; in 2018, it reached a new high of over 30 trillion yuan."

    Li Kuiwen said.




    Li Kuiwen introduced, according to customs statistics, in 2018, China's foreign trade import and export value was 30 trillion and 510 billion yuan, an increase of 9.7% over 2017.

    Among them, exports were 16 trillion and 420 billion yuan, an increase of 7.1%; imports of 14 trillion and 90 billion yuan, an increase of 12.9%; trade surplus of 2 trillion and 330 billion yuan, narrowed 18.3%.

    In dollar terms, in 2018, China's foreign trade import and export amounted to US $4 trillion and 620 billion, an increase of 12.6%; of which, exports were US $2 trillion and 480 billion, an increase of 9.9%; imports of US $2 trillion and 140 billion, an increase of 15.8%; trade surplus of US $351 billion 760 million, narrowing 16.2%.

    There are specific characteristics in the following aspects:




    First, the annual import and export value has reached a new level.

    In 2005, China's foreign trade import and export value for the first time exceeded 10 trillion yuan; in 2010, it exceeded 20 trillion yuan; in 2018, it reached a record high of over 30 trillion yuan, more than 2 trillion and 700 billion yuan in 2017's historical highs.




    Two is the general trade import and export rapid growth, the proportion rises.

    In 2018, China's general trade import and export volume was 17 trillion and 640 billion yuan, an increase of 12.5%, accounting for 57.8% of China's total import and export value, 1.4 percentage points higher than that of 2017, and the structure of trade pattern has been optimized.




    The three is the overall growth of import and export of major trading partners, and the growth of imports and exports along the "belt and road" countries.

    In 2018, China's imports and exports of the first three largest trading partners, the EU, the United States and ASEAN increased by 7.9%, 5.7% and 11.2% respectively, and three of them accounted for 41.2% of China's total import and export value.

    Over the same period, China's total imports and exports of all countries along the belt and road grew by 8 trillion and 370 billion yuan, an increase of 13.3%, which is 3.6 percentage points higher than that of the whole country. The potential of trade cooperation between China and the countries along the belt and road continues to be released, and it has become a new driving force for the development of China's foreign trade.

    Among them, imports and exports of Russia, Saudi Arabia and Greece increased by 24%, 23.2% and 33% respectively.




    Four is the growth of private enterprises' import and export, and the proportion will be increased.

    In 2018, China's private enterprises imported and exported 12 trillion and 100 billion yuan, an increase of 12.9%, accounting for 39.7% of China's total import and export value, 1.1 percentage points higher than that of 2017.

    Among them, exports amounted to 7 trillion and 870 billion yuan, an increase of 10.4%, accounting for 48% of the total export value, and the proportion increased by 1.4 percentage points. The main export status of the first largest exporters continued to maintain, and the import of 4 trillion and 230 billion yuan increased by 18.1%.

    In 2018, China's private enterprises contributed more than 50% to the growth of foreign trade and import and export, and became a bright spot in the development of China's foreign trade.

    Over the same period, foreign investment enterprises accounted for 12 trillion and 990 billion yuan, an increase of 4.3%, accounting for 42.6%, and the import and export of state-owned enterprises was 5 trillion and 300 billion yuan, an increase of 16.8%, accounting for 17.4%.




    Five, the growth rate of imports and exports in the central and western regions and Northeast China is higher than that of the whole country, and regional development is more coordinated.

    In 2018, the growth rate of foreign trade in the 12 provinces and cities in the western region was 16.1%, 6.4 percentage points higher than the national growth rate; the growth rate of foreign trade in the 6 provinces and municipalities in the central region was 11.4%, which was 1.7 percentage points higher than the national growth rate; the growth rate of foreign trade in the three northeastern provinces was 14.8%, which exceeded the national growth rate by 5.1 percentage points; and the growth rate of 10 provinces and cities in the East was 8.8%.




    Six, the proportion of exports of mechanical and electrical products has been improved, and the structure of export commodities has been continuously optimized.

    In 2018, China's mechanical and electrical products exported 9 trillion and 650 billion yuan, an increase of 7.9%, accounting for 58.8% of China's total exports, an increase of 0.4 percentage points over 2017.

    Among them, automobile exports increased by 8.3%, and mobile phone exports increased by 9.8%.

    Over the same period, clothing, toys and other 7 categories of labor-intensive products totaled 3 trillion and 120 billion yuan, an increase of 1.2%, accounting for 19% of the total value of exports.




    Seven, the import and export volume of crude oil, natural gas and copper and other bulk commodities rose, and the imports of iron ore and soybeans decreased.

    In 2018, China imported 4.62 million tons of crude oil, an increase of 10.1%, 90 million 390 thousand tons of natural gas, an increase of 31.9%, 33 million 480 thousand tons of refined oil, an increase of 13%, and 5 million 300 thousand tons of copper, an increase of 12.9%.

    In addition, imports of iron ore 10.64 million tons, a decrease of 1%; soybeans 88 million 30 thousand tons, a decrease of 7.9%.

    Preliminary estimates show that China's import price has risen by 6.1% over the whole year.

    Among them, crude oil rose 30%, refined oil rose 20%, natural gas rose 22.9%, and copper rose 3.2%.

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