Customs Statistics: China'S Import And Export Increased By 4.7% In The First Five Months Of This Year

According to customs statistics, in the first five months of this year, China's total import and export value was 16.77 trillion yuan, up 4.7% year on year (the same below). Among them, export reached 9.62 trillion yuan, up 8.1%; Imports reached 7.15 trillion yuan, up 0.5%; The trade surplus was 2.47 trillion yuan, an increase of 38%. In dollar terms, China's total import and export value in the first five months of this year was $2.44 trillion, down 2.8%. Among them, exports reached 1.4 trillion US dollars, up 0.3%; Imports totaled US $1.04 trillion, down 6.7%; The trade surplus was US $359.48 billion, an increase of 27.8%.

In May this year, China's import and export reached 3.45 trillion yuan, up 0.5%. Among them, the export was 1.95 trillion yuan, down 0.8%; Imports reached 1.5 trillion yuan, up 2.3%; The trade surplus was 452.33 billion yuan, down 9.7%. In dollar terms, China's import and export in May this year reached US $501.19 billion, down 6.2%.

Among them, exports were 283.5 billion US dollars, down 7.5%; Imports reached US $217.69 billion, down 4.5%; The trade surplus was US $65.81 billion, down 16.1%.

　　 Main features of China's foreign trade import and export in the first five months of this year:

The proportion of import and export in general trade increased. In the first five months, China's general trade import and export amounted to 11 trillion yuan, up 7%, accounting for 65.6% of China's total foreign trade, 1.4 percentage points higher than the same period last year. Among them, exports reached 6.28 trillion yuan, up 10.4%; Imports totaled 4.72 trillion yuan, up 2.9%.

Over the same period, the import and export of processing trade was 2.99 trillion yuan, down 9.3%, accounting for 17.8%. Among them, the export was 1.96 trillion yuan, down 5.1%; Imports reached 1.03 trillion yuan, down 16.2%. In addition, China's imports and exports in the form of bonded logistics reached 2.14 trillion yuan, an increase of 12.4%.

Among them, the export was 841.83 billion yuan, up 21.3%; Imports reached 1.3 trillion yuan, up 7.3%.

Imports and exports to ASEAN and the EU increased, while those to the United States and Japan declined. In the first five months, ASEAN was China's largest trading partner. The total trade value between China and ASEAN was 2.59 trillion yuan, up 9.9%, accounting for 15.4% of China's total foreign trade value. Among them, the export to ASEAN was 1.56 trillion yuan, up 16.4%; Imports from ASEAN reached 1.03 trillion yuan, up 1.4%; The trade surplus with ASEAN was 523.86 billion yuan, an increase of 64.3%.

The EU is China's second largest trading partner. The total trade value between China and the EU is 2.28 trillion yuan, up 3.6%, accounting for 13.6%. Among them, the export to the EU was 1.48 trillion yuan, up 2.4%; Imports from the EU reached RMB 80.04 billion, up 5.8%; The trade surplus with the EU was 679.09 billion yuan, down 1.3%. The United States is our third largest trading partner. The total value of our trade with the United States was 1.89 trillion yuan, down 5.5%, or 11.3%.

Among them, the export to the United States was 1.38 trillion yuan, down 8.5%; Import from the United States was 508.29 billion yuan, up 3.9%; The trade surplus with the United States was 870.57 billion yuan, down 14.5%. Japan is our fourth largest trading partner. The total value of our trade with Japan was 902.66 billion yuan, down 3.5%, accounting for 5.4%.

Among them, the export to Japan was 461.27 billion yuan, up 5.4%; The import from Japan was 441.39 billion yuan, down 11.3%; The trade surplus with Japan was 19.88 billion yuan, compared with 59.9 billion yuan in the same period last year. Over the same period, China's imports and exports to countries along the "Belt and Road" totaled 5.78 trillion yuan, an increase of 13.2%. Among them, the export was 3.44 trillion yuan, up 21.6%; Imports totaled 2.34 trillion yuan, up 2.7%.

The proportion of import and export of private enterprises exceeded 50%. In the first five months, the import and export of private enterprises reached 8.86 trillion yuan, up 13.1%, accounting for 52.8% of China's total foreign trade, 3.9 percentage points higher than the same period last year. Among them, the export was 6.09 trillion yuan, up 16.2%, accounting for 63.3% of the total export value; Imports totaled 2.77 trillion yuan, up 6.8%, accounting for 38.8% of the total import value. The import and export of state-owned enterprises reached 2.76 trillion yuan, up 4.7%, accounting for 16.4% of China's total foreign trade value.

Among them, the export was 760.45 billion yuan, up 8.8%; Imports reached 2 trillion yuan, up 3.2%. Over the same period, the import and export of foreign-invested enterprises reached 5.1 trillion yuan, down 7.6%, accounting for 30.4% of China's total foreign trade value. Among them, exports reached 2.75 trillion yuan, down 6.8%; Imports totaled 2.35 trillion yuan, down 8.5%.

The export of mechanical and electrical products and labor products increased. In the first five months, China exported 5.57 trillion yuan of electromechanical products, up 9.5%, accounting for 57.9% of the total export value. Among them, automatic data processing equipment and its components were 509.15 billion yuan, down 18.1%; Mobile phones totaled 339.77 billion yuan, down 6.4%; 266.78 billion yuan for automobiles, up 124.1%.

Over the same period, the export of labor-intensive products reached 1.65 trillion yuan, up 5.4%, accounting for 17.2%. Including 421.89 billion yuan for clothing and clothing accessories, up 6.6%; Textiles totaled 390.48 billion yuan, down 2.4%; Plastic products totaled 294.02 billion yuan, up 9%.

The import volume of iron ore, crude oil and coal increased and the price fell, while the import volume and price of natural gas and soybeans rose simultaneously. In the first five months, China imported 481 million tons of iron ore, up 7.7%, and the average import price (the same below) was 791.5 yuan per ton, down 4.5%; 230 million tons of crude oil, up 6.2%, with 4029.1 yuan per ton, down 11.3%; 182 million tons of coal, up 89.6%, or 877 yuan per ton, down 14.9%; The refined oil was 18.03 million tons, up 78.8%, 4068.8 yuan per ton, down 21.1%.

During the same period, 46.291 million tons of imported natural gas increased by 3.3% to 4003.2 yuan per ton, up 4.8%; Soybeans reached 42.306 million tons, up 11.2%, or 4469.2 yuan per ton, up 9.7%. In addition, 11.827 million tons of plastic in primary shape were imported, a decrease of 6.8%, with RMB10900 per ton, down 11.8%; Unforged and rolled copper and copper products totaled 2.139 million tons, down 11% to 61000 yuan per ton, down 5.7%.

Over the same period, the import of mechanical and electrical products reached 2.43 trillion yuan, down 13%. Among them, there were 186.48 billion integrated circuits, down 19.6%, worth 905.01 billion yuan, down 18.4%; 284000 cars, down 26.9%, worth 123.82 billion yuan, down 21.7%.