The General Administration of Customs announced today the import and export situation of China's foreign trade in the first four months of this year. According to customs statistics, in the first four months of this year, China’s total import and export value was 1,167.18 billion U.S. dollars, an increase of 6% over the same period last year. Of this total, exports were US$593.24 billion, up 6.9%; imports were US$573.94 billion, up 5.1%; cumulative trade surplus was US$19.3 billion.
Customs statistics show that in the month of April, China’s total import and export value was 308.08 billion US dollars, an increase of 2.7%. Of which, exports were US$163.25 billion, up 4.9%; imports were US$144.83 billion, up 0.3%; trade surplus for the month was US$18.42 billion. After adjusting for the seasonal adjustment method, the year-on-year growth rates of China's imports, exports, exports and imports were 6.1%, 7.2% and 4.8%, respectively.
In the first four months of this year, China’s general trade import and export reached US$617.06 billion, an increase of 6.8%. Of this total, exports were 280.29 billion US dollars, an increase of 7.3%; imports were 336.77 billion US dollars, an increase of 6.5%. The trade deficit under general trade was US$56.48 billion, an increase of 2.7%. In the same period, China's import and export of processing trade was 412.99 billion US dollars, an increase of 3.3%. Of this total, exports were US$266.11 billion, up 5.3%; imports were US$146.88 billion, down 0.3%. The trade surplus under processing trade was US$119.23 billion, an increase of 13.1%.
In bilateral trade with major trading partners, China’s bilateral trade with the EU and Japan has been weak, and imports and exports to Russia and Brazil have grown rapidly. Statistics show that in the first four months of this year, the bilateral trade volume between China and the EU was US$170.53 billion, an increase of 0.3%. During the same period, the total bilateral trade with the United States was US$146.1 billion, an increase of 9.2%. The bilateral trade with ASEAN was US$117.65 billion, an increase of 6.7%. The bilateral trade volume between China and Japan was 107.18 billion U.S. dollars, down 1.5%. In the same period, the bilateral trade value between China and Russia and Brazil was 28.69 billion and 25.07 billion U.S. dollars respectively, up 27.7% and 14.4% respectively.
The first four months of this year, Guangdong's foreign trade import and export 288.4 billion US dollars, an increase of 3.3%. In the same period, Jiangsu's total import and export value was 164.86 billion US dollars, down 1%; Shanghai and Beijing's total import and export value was 136.97 billion and 136.92 billion US dollars, respectively, an increase of 2.1% and 10.9%. In addition, the total import and export value of Zhejiang, Shandong and Fujian provinces was 94.83 billion, 75.11 billion and 45.27 billion, respectively, up 3.1%, 1.4% and 12.3%.
From the export point of view, from January to April, Guangdong's exports were 168.61 billion US dollars, an increase of 5.5%. Jiangsu, Zhejiang and Shanghai exported 9.58 billion, 65.29 billion and 63.57 billion, respectively, up 1.7%, 4.2% and 1.2%. In the same period, Shandong, Fujian and Beijing exported 38.62 billion, 27.3 billion and 17.7 billion, respectively, down 0.3%, 7.6% and 2.9%. Exports in the central and western regions showed a rapid growth trend. The export growth rates of Chongqing and Henan were 1.9 times and 1.2 times respectively. The export growth rates of Guangxi, Sichuan and Jiangxi were 29.3%, 62.8% and 38.3% respectively.
Among the export commodities, in the first four months of this year, China's exports of mechanical and electrical products reached US$346.79 billion, an increase of 8.5%, 1.6 percentage points higher than the overall growth rate of China's exports during the same period. Among them, the export of electrical and electronic products was 140.29 billion US dollars, up 5.5%; the mechanical equipment was 115.05 billion US dollars, up 11%. In the same period, among the labor-intensive products such as textiles, clothing and shoes, clothing exports were 39.97 billion US dollars, up 1%; textile exports were 28.85 billion US dollars, down 0.3%; footwear exports were 12.4 billion US dollars, up 4.2%.
Among the imported goods, in the first four months of this year, China imported 240 million tons of iron ore, an increase of 6.5%, the average import price was 137.6 US dollars per ton, down 13.4%; soybean 18.15 million tons, an increase of 22.3%, the average import price was At $532.9 per ton, it fell by 7.6%. In addition, the import of mechanical and electrical products was US$231.44 billion, down 1.6%; of which, the number of automobiles was 392,000, an increase of 26.7%.
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