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General Administration of Customs: The total value of imports and exports in the first four months increased by 4.3% year-on-year. The surplus expanded by 31.8%.

2019-05-10

According to customs statistics, in the first four months of this year, the total value of China’s import and export of goods and trade was 9.51 trillion yuan, an increase of 4.3% over the same period last year. Among them, exports were 5.06 trillion yuan, up 5.7%; imports were 4.45 trillion yuan, up 2.9%; trade surplus was 618.17 billion yuan, up 31.8%.

In April, China’s total import and export value was 2.51 trillion yuan, an increase of 6.5%. Among them, exports were 1.3 trillion yuan, up 3.1%; imports were 1.21 trillion yuan, up 10.3%; trade surplus was 93.57 billion yuan, narrowing 43.8%.

In dollar terms, the total value of China’s imports and exports in the first four months was 1.4 trillion US dollars, down 1.1%. Among them, exports were 744.61 billion US dollars, up 0.2%; imports were 655.21 billion US dollars, down 2.5%; trade surplus was 89.4 billion US dollars, an increase of 26%.

In April, China’s total import and export value was 373.14 billion US dollars, an increase of 0.4%. Among them, exports were 193.49 billion US dollars, down 2.7%; imports were 179.65 billion US dollars, up 4%; trade surplus was 13.84 billion US dollars, narrowing 47.2%.

In the first 4 months, China’s foreign trade import and export mainly showed the following characteristics:

01

General trade imports and exports grew and the proportion increased. In the first four months, China’s general trade import and export was 5.68 trillion yuan, an increase of 6.6%, accounting for 59.8% of China’s total foreign trade, an increase of 1.3 percentage points over the same period last year. Among them, exports were 2.96 trillion yuan, up 10.2%; imports were 2.72 trillion yuan, up 2.9%; trade surplus was 248.26 billion yuan, an increase of 3.9 times. In the same period, the import and export of processing trade was 2.38 trillion yuan, down 2.7%, accounting for 25.1%, down 1.8 percentage points. Among them, exports were 1.51 trillion yuan, down 1.8%; imports were 870.58 billion yuan, down 4.1%; trade surplus was 642.11 billion yuan, up 1.5%.

In addition, China’s import and export by means of bonded logistics 1.1 trillion yuan, an increase of 11.2%, accounting for 11.6% of my total foreign trade. Among them, exports were 353.05 billion yuan, up 12.3%; imports were 749.79 billion yuan, up 10.7%.

02

Imports and exports to major markets such as the European Union, ASEAN and Japan have all increased, and the growth rate of imports and exports along the “Belt and Road” countries is higher than the overall. In the first four months, the EU was China’s largest trading partner. The total value of Sino-European trade was 1.5 trillion yuan, up 11.8%, accounting for 15.7% of China’s total foreign trade. Among them, I exported 894.76 billion yuan to the EU, an increase of 14.2%; imported 600.85 billion yuan from the EU, an increase of 8.3%; trade surplus with Europe was 293.91 billion yuan, an increase of 28.5%. ASEAN is China’s second largest trading partner, with a total trade value of 1.28 trillion yuan with ASEAN, an increase of 9%, accounting for 13.4% of China’s total foreign trade. Among them, I exported 714.35 billion yuan to ASEAN, an increase of 13.4%; imported 562.13 billion yuan from ASEAN, an increase of 3.8%; trade surplus to ASEAN was 152.22 billion yuan, an increase of 72.2%. In the first four months, the United States was China’s third largest trading partner. The total value of Sino-US trade was 1.1 trillion yuan, down 11.2%, accounting for 11.5% of China’s total foreign trade. Among them, I exported 833.04 billion yuan to the United States, down 4.8%; imported 262.85 billion yuan from the United States, down 26.8%; trade surplus with the United States was 570.19 billion yuan, an increase of 10.5%. Japan is China’s fourth largest trading partner. The total trade value between China and Japan is 678.49 billion yuan, an increase of 2.1%, accounting for 7.1% of China’s total foreign trade. Among them, exports to Japan were 309.32 billion yuan, up 3%; imports from Japan were 369.17 billion yuan, up 1.3%; trade deficit with Japan was 59.85 billion yuan, narrowing 6.7%.

In the same period, China’s total imports and exports along the “Belt and Road” countries totaled 2.73 trillion yuan, an increase of 9.1%, which was 4.8 percentage points higher than the national overall growth rate, accounting for 28.7% of China’s total foreign trade, and the proportion increased by 1.3 percentage points.

03

The import and export of private enterprises has grown rapidly, and its proportion has increased. In the first four months, the import and export of private enterprises reached 3.9 trillion yuan, an increase of 11%, accounting for 41% of the total value of foreign trade, an increase of 2.5 percentage points over the same period last year. Among them, exports were 2.53 trillion yuan, an increase of 13.1%, accounting for 49.9% of the total export value; imports were 1.37 trillion yuan, an increase of 7.3%, accounting for 30.7% of the total value of imports. In the same period, the import and export of foreign-invested enterprises was 3.87 trillion yuan, a decrease of 1%, accounting for 40.7% of the total value of foreign trade. Among them, exports were 2.03 trillion yuan, down 0.1%; imports were 1.84 trillion yuan, down 1.9%.

In addition, the import and export of state-owned enterprises was 1.7 trillion yuan, an increase of 2.9%, accounting for 17.9% of the total value of foreign trade. Among them, exports were 501.47 billion yuan, down 4%; imports were 1.2 trillion yuan, up 6%.

04

Exports of mechanical and electrical products and labor-intensive products maintained growth. In the first four months, China’s exports of mechanical and electrical products reached 2.97 trillion yuan, an increase of 4.5%, accounting for 58.6% of the total export value. Among them, the export of electrical and electronic products was 1.33 trillion yuan, an increase of 4.9%; the mechanical equipment was 890.56 billion yuan, an increase of 3.9%. In the same period, clothing exports were 266.27 billion yuan, down 2.5%; textiles 249.55 billion yuan, up 6.3%; furniture 115.13 billion yuan, up 9.3%; footwear 94.65 billion yuan, up 3.6%; plastic products 94.89 billion yuan, up 17.6%; The luggage was 53.1 billion yuan, up 6.6%; the toy was 50.95 billion yuan, up 30.9%; the above 7 categories of labor-intensive products exported a total of 924.54 billion yuan, an increase of 5.8%, accounting for 18.3% of the total export value. In addition, steel exports were 23.35 million tons, an increase of 8.3%; automobiles were 340,000 units, an increase of 1.1%.

05

Imports of crude oil, natural gas and other commodities increased, soybean imports decreased, and the average price of bulk commodities rose and fell. In the first 4 months, China imported 340 million tons of iron ore, a decrease of 3.7%. The average import price was 555.4 yuan per ton, up 18.8%; crude oil was 165 million tons, an increase of 8.9%, and the average import price was 3145.5 yuan per ton. 0.9%; coal 99.3 million tons, an increase of 1.7%, the average import price of 535.7 yuan per ton, down 2.7%; soybean 24.39 million tons, a decrease of 7.9%, the average import price of 2877.7 yuan per ton, up 5.6%; natural gas 31.89 million Tons, an increase of 16.4%, the average import price was 3183.6 yuan per ton, up 26.5%; the refined oil was 12.22 million tons, an increase of 8.8%, the average import price was 3684.3 yuan per ton, up 2.5%; the primary shape of plastic was 11.8 million tons. Increased by 15.4%, the average import price was 10.1 million yuan per ton, down 10.1%; steel 3.9 million tons, down 13.4%, the average import price was 8279.3 yuan per ton, up 3.1%; unwrought copper and copper 1.59 million tons , a decrease of 5.3%, the average import price was 45,200 yuan per ton, down 5.1%.

In addition, the import of mechanical and electrical products was 1.88 trillion yuan, down 1.9%; among them, 122.44 billion integrated circuits, a decrease of 6.6%; and 340,000 automobiles, a decrease of 8.1%.


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