Foreign trade in the first 4 months exceeds trillion U.S. dollars

Foreign trade in the first 4 months exceeds trillion U.S. dollars

The General Administration of Customs released today the import and export of foreign trade from January to April this year. According to customs statistics, in the first four months, China’s total value of imports and exports was US$110.32 billion, an increase of 28.5% from the same period of last year (the same below). Among them, exports were 555.3 billion U.S. dollars, up 27.4%; imports were 545.02 billion U.S. dollars, up 29.6%. The accumulated trade surplus was US$10.28 billion, a decrease of 32.8%.

Customs statistics show that in April, China’s total value of imports and exports was US$299.95 billion, an increase of 25.9%. Among them, US$155.69 billion was exported, an increase of 29.9%, which set a new historical record of US$154.12 billion in December last year. Imports amounted to US$14.46 billion, an increase of 21.8%. The monthly trade surplus was 11.43 billion U.S. dollars.

In the first four months, China's general trade import and export amounted to 576.64 billion U.S. dollars, an increase of 34.2%. Among them, exports were 261.46 billion U.S. dollars, up 34.2%; imports were 315.18 billion U.S. dollars, up 34.2%, which was 4.6 percentage points higher than the national import growth over the same period. The trade deficit under general trade was USD 53.72 billion, an increase of 34%. During the same period, China’s import and export of processing trade reached 400 billion U.S. dollars, an increase of 20.1%. Among them, exports were US$252.72 billion, up 21%; imports were US$147.28 billion, up 18.5%. The trade surplus under processing trade was US$105.44 billion, an increase of 24.7%.

In bilateral trade with major trading partners, the bilateral trade value between China and the EU in the first four months totaled 170.01 billion U.S. dollars, an increase of 23.5%. During the same period, the total value of bilateral trade between China and the US was US$ 133.71 billion, an increase of 24.8%. The bilateral trade value between China and ASEAN was 110.21 billion U.S. dollars, an increase of 26.5%. The total value of bilateral trade between China and Japan in the first four months was US$108.86 billion, an increase of 22.9%. .

According to customs statistics, in the first four months, the total import and export value of Guangdong Province was 279.12 billion U.S. dollars, an increase of 29.7%. In the same period, the import and export value of Jiangsu Province, Shanghai Municipality, and Beijing Municipality were 166.58 billion, 134.2 billion, and 123.17 billion, respectively, which increased by 22.6%, 22.8%, and 29.1%, respectively. In addition, the import and export value of Zhejiang Province, Shandong Province and Fujian Province were 92.04 billion, 73.74 billion and 40.28 billion US dollars, respectively, an increase of 26.2%, 34.1% and 26.9%. The import and export value of the above 7 provinces and cities accounted for 82.6% of the total import and export value of the country. From the perspective of exports, in the first four months, Guangdong exported 159.84 billion U.S. dollars, an increase of 32.8%. Jiangsu Province and Shanghai respectively exported 94.25 billion U.S. dollars and 62.85 billion U.S. dollars, up 23.1% and 20% respectively. In addition, Zhejiang Province, Shandong Province, and Fujian Province exported 62.73 billion, 38.76 billion and 25.37 billion U.S. dollars, respectively, which were up 26.1%, 33.1%, and 23.8%, respectively; Beijing's exports were 17.22 billion U.S. dollars, up 2.8%.

Among export commodities, China exported 319.76 billion U.S. dollars worth of mechanical and electrical products in the first four months, an increase of 22.9%, accounting for 57.6% of China's total export value over the same period. The export of electrical and electronic products was US$122.9 billion, an increase of 26%; the export of machinery and equipment was US$103.71 billion, an increase of 17.1%. During the same period, the export of traditional bulk commodities grew steadily, with apparel exports at US$39.57 billion, up 22.9%; textile exports at US$28.93 billion, up 34%; footwear exports at US$11.9 billion, up 22.9%.

Among the imported goods, in the first four months, China imported 230 million tons of iron ore, an increase of 9.5%, and the average import price was US$157.6 per ton, up 53.9%. During the same period, coal imports totaled 43.48 million tons, a decrease of 24.1%, the average import price was US$111.3 per ton, up 17.3%; soybean imports were 14.84 million tons, down 2.6%, and the average import price was US$576 per ton, up 27.5%. In addition, the import of mechanical and electrical products was US$235.25 billion, an increase of 22%. Of which 309,000 vehicles were imported, an increase of 21.5%.

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