General Administration Of Customs: ASEAN Has Been China'S Largest Trading Partner In Recent Four Months

In the first four months of this year, China's total import and export value was 12.58 trillion yuan, an increase of 7.9% over the same period last year (the same below). Among them, exports reached 6.97 trillion yuan, an increase of 10.3 percent; Imports were 5.61 trillion yuan, up 5%; The trade surplus was 1.36 trillion yuan, an increase of 39.2%. In the first four months, the total value of China's import and export was 1.98 trillion US dollars, an increase of 10.1%. Among them, exports reached 1.09 trillion US dollars, an increase of 12.5%; Imports reached US $881.42 billion, up 7.1 percent; The trade surplus was US $212.93 billion, up 42.3%.

The import and export of general trade increased and its proportion increased. In the first four months, China's general trade import and export reached 8.01 trillion yuan, an increase of 11.2%, accounting for 63.6% of China's total foreign trade, an increase of 1.9 percentage points over the same period last year. Among them, exports reached 4.41 trillion yuan, an increase of 15%; Imports were 3.6 trillion yuan, an increase of 6.8%. Over the same period, the import and export of processing trade reached 2.64 trillion yuan, an increase of 2.5%, accounting for 21%, down 1.1 percentage points. Among them, exports reached 1.65 trillion yuan, an increase of 2%; Imports were 991.81 billion yuan, up 3.4%. In addition, China's imports and exports in the form of bonded logistics reached 1.51 trillion yuan, an increase of 7.6%. Among them, exports reached 558.9 billion yuan, up 13.5 percent; 3 billion yuan, an increase of 2. 8 billion yuan.

Imports and exports to ASEAN, the European Union, the United States, South Korea and other major trading partners increased. In the first four months, ASEAN was China's largest trading partner. The total trade value between China and ASEAN was 1.84 trillion yuan, an increase of 7.2%, accounting for 14.6% of China's total foreign trade. Among them, exports to ASEAN reached 1.03 trillion yuan, an increase of 8.7%; Imports from ASEAN totaled 808.99 billion yuan, up 5.3 percent; The trade surplus with ASEAN was 223.42 billion yuan, an increase of 23.2%. The EU is China's second largest trading partner, with a total trade value of 1.73 trillion yuan, an increase of 6.8%, accounting for 13.8%. Among them, exports to the EU reached 1.14 trillion yuan, an increase of 17%; Imports from the European Union totaled 596.04 billion yuan, down 8.3 percent; The trade surplus with the EU was 542.8 billion yuan, an increase of 67.8%. The United States is China's third largest trading partner, with a total trade value of 1.56 trillion yuan, an increase of 8.7%, accounting for 12.4%. Among them, exports to the United States reached 1.18 trillion yuan, an increase of 12.6 percent; Imports from the United States totaled 387.19 billion yuan, down 1.7 percent; The trade surplus with the United States was 790.05 billion yuan, up 21.2%. South Korea is China's fourth largest trading partner, with a total trade value of 764.92 billion yuan, an increase of 8.4%, accounting for 6.1%. Among them, exports to South Korea totaled 320.68 billion yuan, an increase of 12.4 percent; Imports from South Korea totaled 444.24 billion yuan, up 5.7 percent; The trade deficit with South Korea was 123.56 billion yuan, down 8.4%. Over the same period, China's imports and exports to countries along the belt and road totaled 3.97 trillion yuan, an increase of 15.4%. Among them, exports reached 2.2 trillion yuan, an increase of 12.9 percent; Imports were 1.77 trillion yuan, up 18.6%.

The import and export of private enterprises increased rapidly and their proportion increased. In the same period of last year, China's total value of foreign trade increased by 1.4%, accounting for 1.4% of the total value of China's private enterprises in the same period of last year, accounting for 1.4% of the total value of China's foreign trade, accounting for 1.4% of the total value of China's private enterprises. Among them, exports reached 4.07 trillion yuan, an increase of 15.4%, accounting for 58.4% of the total export value; Imports reached 2.03 trillion yuan, an increase of 3.2%, accounting for 36.1% of the total import value. Over the same period, the import and export of foreign-invested enterprises reached 4.42 trillion yuan, an increase of 2.2%, accounting for 35.1% of China's total foreign trade value. Among them, exports reached 2.36 trillion yuan, an increase of 4.6 percent; Imports were 2.06 trillion yuan, down 0.5%. The import and export of state-owned enterprises reached 2.04 trillion yuan, an increase of 14.1%, accounting for 16.3% of China's total foreign trade value. Among them, exports reached 532.13 billion yuan, an increase of 3.5%; Imports were 1.51 trillion yuan, up 18.4%.

The export of mechanical and electrical products and labor-intensive products increased. In the first four months, China's export of mechanical and electrical products reached 4.04 trillion yuan, an increase of 6.7%, accounting for 57.9% of the total export value. Among them, automatic data processing equipment and its parts and components reached 50.88 billion yuan, an increase of 3.9 percent; Mobile phones reached 292.48 billion yuan, an increase of 0.1%. Over the same period, the export of labor-intensive products reached 1.21 trillion yuan, an increase of 9.2%, accounting for 17.3%. Among them, textiles amounted to 310.88 billion yuan, an increase of 8.9%; Clothing and accessories reached 299.39 billion yuan, an increase of 4%; Plastic products reached 210.19 billion yuan, an increase of 12.6%. The export of agricultural products reached 190.74 billion yuan, an increase of 18.7%.

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 four months, China imported 354 million tons of iron ore, a decrease of 7.1%. The average import price was 752 yuan per ton, down 29.5%. Over the same period, imports of crude oil were 171 million tons, down 4.8%, and the average import price was 4323.6 yuan per ton, up 54.3%; The average import price of coal was 1004.6 yuan per ton, up 109.1%; The average price of natural gas increased by 3.582 million tons, and the average import price decreased by 3.582 million yuan; Soybean 28.36 million tons, down 0.8%, average import price 3979.7 yuan per ton, up 22.7%; The average import price of plastics in primary shape was 12100 yuan per ton, up 13.3%; Refined oil was 7.975 million tons, down 0.8%, and the average import price was 5001.9 yuan per ton, up 36.2%; 4.174 million tons of steel products decreased by 14.7%, and the average import price was 9598.9 yuan per ton, up 26.1%. In addition, imports of unwrought copper and copper products increased by 0.9% to 1939000 tons, and the average import price was 64800 yuan per ton, up 15.1%.