Before October, The Total Trade Volume Between China And The United States Dropped By 10.6%, And The US Trade Surplus Expanded By 0.8%.

According to customs statistics, in the first 10 months of this year, the total value of imports and exports of China's goods trade was 25 trillion and 630 billion yuan, an increase of 2.4% over the same period last year (the same below). Among them, export reached 13.99 trillion yuan, up 4.9%; import reached 11.64 trillion yuan, down 0.4%; and trade surplus reached 2.35 trillion yuan, up 42.3%.

In October, China's import and export value was 2 trillion and 710 billion yuan, down 0.5%. Among them, the export was 1.51 trillion yuan, up 2.1%; the import was 1.2 trillion yuan, down 3.5%; and the trade surplus was 301.28 billion yuan, up 33%.

The growth rate of imports and exports of major markets such as the European Union and ASEAN is faster than that of the countries along the "one belt and one road".

In the first 10 months, the total trade volume between China and Europe was 3 trillion and 980 billion yuan, an increase of 8.3%, accounting for 15.5% of our total foreign trade. Among them, exports to the EU reached 2.42 trillion yuan, an increase of 10.4%; imports from the EU reached 1.56 trillion yuan, an increase of 5.1%; and trade surplus with the EU reached 866.05 billion yuan, an increase of 21.4%.

The total trade volume with ASEAN was 3 trillion and 540 billion yuan, an increase of 11.9%, accounting for 13.8% of our total foreign trade. Among them, exports to ASEAN reached 1.97 trillion yuan, an increase of 16.1%; imports from ASEAN reached 1.57 trillion yuan, an increase of 7%; and trade surplus with ASEAN reached 396.12 billion yuan, an increase of 75.4%.

The total trade volume between China and the US was 3 trillion and 70 billion yuan, down 10.6%, accounting for 12% of our total foreign trade. Among them, the export to the United States was 2.39 trillion yuan, down 6.8%; the import from the United States was 685.74 billion yuan, down 21.5%; the trade surplus with the United States was 1.7 trillion yuan, up 0.8%.

The total trade volume between China and Japan was 1 trillion and 770 billion yuan, down 0.4%, accounting for 6.9% of our total foreign trade. Among them, the export to Japan was 807.87 billion yuan, up 2.8%; the import from Japan was 958.63 billion yuan, down 2.9%; the trade deficit with Japan was 150.76 billion yuan, down 25.1%.

Over the same period, China's total imports and exports totaled 9.4% yuan for the countries along the belt and the road, an increase of 9.4%, higher than the national growth rate by 7 percentage points, accounting for 29.1% of the total value of our foreign trade, and the proportion increased by 1.9 percentage points.