Customs Data: China'S Import And Export Increased By 9.5% In The First 10 Months Of This Year

According to customs statistics, in the first 10 months of this year, China'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 reached 19.71 trillion yuan, an increase of 13%; Imports reached 14.91 trillion yuan, up 5.2 percent; The trade surplus was 4.8 trillion yuan, an increase of 46.7%. In the first 10 months, China's total import and export value was 5.26 trillion US dollars, an increase of 7.7%.

Among them, exports reached 2.99 trillion US dollars, an increase of 11.1%; Imports were $2.27 trillion, up 3.5 percent; The trade surplus reached US $727.7 billion, an increase of 43.8%.

In October, China's total import and export value reached 3.55 trillion yuan, an increase of 6.9%. Among them, exports reached 2.07 trillion yuan, an increase of 7%; Imports reached 1.48 trillion yuan, up 6.8 percent; The trade surplus was 586.81 billion yuan, an increase of 7.6%. In October, China's total import and export value was 511.59 billion US dollars, down 0.4%.

Among them, the export value decreased by 29.73 billion US dollars; Imports fell by 21.72 billion US dollars; The trade surplus was US $85.15 billion, an increase of 0.9%.

Double digit growth of general trade import and export. In the first 10 months, China'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, an increase of 2.1 percentage points over the same period last year. Among them, exports reached 12.56 trillion yuan, an increase of 18.4 percent; Imports were 9.53 trillion yuan, an increase of 7.2%.

Over the same period, the import and export of processing trade reached 7.02 trillion yuan, an increase of 3.2%, accounting for 20.3%. Among them, exports reached 4.47 trillion yuan, an increase of 5.1 percent; Imports were 2.55 trillion yuan, basically the same as the same period last year. In addition, China's imports and exports in the form of bonded logistics reached 4.29 trillion yuan, an increase of 9.2%.

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

Imports and exports to ASEAN, the European Union, the United States and other major trading partners 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.

Among them, exports to ASEAN reached 3.06 trillion yuan, an increase of 22.7%; Imports from ASEAN reached 2.2 trillion yuan, up 7.5 percent; 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 was 4.68 trillion yuan, an increase of 8.1%, accounting for 13.5%.

Exports to the EU increased by 11.9 trillion yuan; 4 trillion yuan, and imports from the EU decreased by 57 trillion yuan; 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 trade value between China and the United States was 4.21 trillion yuan, an increase of 6.8%, accounting for 12.2%.

Among them, exports to the United States reached 3.25 trillion yuan, an increase of 8.4 percent; Imports from the United States totaled 953.84 billion yuan, up 1.7 percent; 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 was 2.02 trillion yuan, an increase of 6.5%, accounting for 5.8%.

Among them, exports to South Korea totaled 898.63 billion yuan, up 16.3 percent; Imports from South Korea amounted to 1.12 trillion yuan, down 0.3%; The trade deficit with South Korea was 218.86 billion yuan, narrowing by 37.2%.

Over the same period, China's imports and exports to countries along the belt and road totaled 11.23 trillion yuan, an increase of 20.9%. Among them, exports reached 6.38 trillion yuan, an increase of 21.4 percent; Imports were 4.85 trillion yuan, up 20.3%.

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

Over 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.

4 trillion yuan, including 26.6 trillion yuan in exports; 3.1 trillion yuan.

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

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

The export of mechanical and electrical products and labor-intensive products increased. In the first 10 months, China's export of mechanical and electrical products reached 11.25 trillion yuan, an increase of 9.6%, accounting for 57.1% of the total export value.

Among them, 1.32 trillion yuan of automatic data processing equipment and its parts, an increase of 0.5%; Mobile phones reached 779.04 billion yuan, an increase of 8.7 percent; Automobiles reached 309.17 billion yuan, an increase of 72%.

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

Among them, clothing and accessories reached 974.75 billion yuan, an increase of 8.6%; Textile industry reached 825.95 billion yuan, an increase of 8.5 percent; Plastic products reached 586.78 billion yuan, an increase of 14.2%. In addition, 56.358 million tons of steel products were exported, a decrease of 1.8%; The refined oil was 39.909 million tons, a decrease of 24.5%; Fertilizer was 20.93 million tons, reduced by 31.1%.

Iron ore imports fell, while crude oil, coal, natural gas and soybeans decreased and rose. In the first 10 months, China imported 917 million tons of iron ore, a decrease of 1.7%. The average import price (the same below) was 796.1 yuan per ton, down 29.1%.

Over the same period, imports of crude oil were 414 million tons, down 2.7%, and 4812.7 yuan per ton, up 53.1%; 5% or 10.56% per ton of coal; The natural gas increased by 40884.5 million tons or 10.58 million yuan per ton; Soybean 73.177 million tons, down 7.4%, 4429.7 yuan per ton, up 25.6%; Plastics in primary shape were 25.266 million tons, down 10.8%, and 12400 yuan per ton, up 8%; The refined oil was 19.05 million tons, a decrease of 10.9%, and an increase of 31.7% at 5141.7 yuan per ton. In addition, imports of unwrought copper and copper products increased by 8.8% to 4.818 million tons, or 2.6% to 62300 yuan per ton.

Over the same period, imports of mechanical and electrical products reached 5.78 trillion yuan, down 3.5%. Among them, there were 458.02 billion integrated circuits, a decrease of 13.2%, and a value of 2.31 trillion yuan, an increase of 3%; 746000 vehicles (including chassis) decreased by 6.6% to 297.97 billion yuan, an increase of 3.5%.