In September, China's foreign trade exports reached a record high of 30.1%
August 16 02:08:59, 2023
The General Administration of Customs today released the latest situation of China's foreign trade. According to customs statistics, in the first three quarters of this year, China’s total import and export value was 2,842.47 billion US dollars, an increase of 6.2% over the same period last year. Among them, exports were 1,495.39 billion US dollars, up 7.4%; imports were 1,347.08 billion US dollars, up 4.8%; trade surplus was 148.31 billion US dollars. According to customs statistics, in September, China’s total import and export value was US$345.03 billion, an increase of 6.3%. Among them, exports were US$186.35 billion, up 9.9%, and the monthly export volume reached a record high; imports were US$158.68 billion, up 2.4%; trade surplus was US$27.67 billion. In the first three quarters, China's general trade import and export reached US$1,498.97 billion, an increase of 5.9%, which was 3.7 percentage points faster than the growth rate of processing trade. Of which, exports were 729.78 billion US dollars, an increase of 8.3%; imports were 769.19 billion US dollars, an increase of 3.6%, accounting for 57.1% of the total value of China's foreign trade imports. In the same period, China's import and export of processing trade was 982.94 billion US dollars, an increase of 2.2%. Of this total, exports were 630.94 billion US dollars, up 3%; imports were 352 billion US dollars, up 0.9%. In bilateral trade with major trading partners, the bilateral trade volume between China and the EU in the first three quarters was US$41.99 billion, down 2.7%. The bilateral trade volume between China and the United States was 355.42 billion US dollars, an increase of 9.1%. In the first three quarters, the bilateral trade with ASEAN was 288.87 billion US dollars, an increase of 8.1%. The bilateral trade volume between China and Japan was 248.76 billion US dollars, down 1.8%. In the same period, the bilateral trade value between China and Russia and Brazil was 66.17 billion and 65.42 billion US dollars respectively, up 14.2% and 5% respectively. In the first three quarters, Guangdong's foreign trade import and export value was 715.62 billion US dollars, an increase of 6.1%. In the same period, the total value of imports and exports of Jiangsu, Shanghai and Beijing was 400.4 billion, 327.94 billion and 304.16 billion, respectively, up by 1%, 1.1% and 6.6%. In addition, the total import and export value of Zhejiang, Shandong and Fujian were 232.85 billion, 178.97 billion and 111.28 billion, respectively, up 0.9%, 2.6% and 9.1%. The total import and export value of the above seven provinces and cities accounted for 80.1% of China's total import and export value. In terms of exports, in the first three quarters, Guangdong exported 417.07 billion US dollars, an increase of 6.4%. Jiangsu and Zhejiang exported 240.66 billion and 166.73 billion respectively, up 4% and 3% respectively; Shanghai and Shandong exported 154.43 billion and 93.44 billion respectively, down 0.1% and 0.2% respectively. In the same period, Fujian and Beijing exported 69.17 billion and 43.99 billion US dollars respectively, up 4.9% and 3.2% respectively. In addition, exports from the central and western regions maintained rapid growth, with Chongqing's export growth rate being 1.5 times, and Henan, Sichuan and Jiangxi's export growth rates being 62.8%, 42.8% and 39.1%, respectively. Customs statistics show that in the first three quarters, the import and export of foreign-invested enterprises was 1,399.47 billion US dollars, an increase of 2.2%, which was lower than the overall growth rate of China's foreign trade by 4 percentage points. In the first three quarters, the import and export of private enterprises (including collectives, private enterprises and other enterprises) was 877.97 billion US dollars, an increase of 18.8%, which was 12.6 percentage points higher than the overall growth rate of China's foreign trade. In addition, the import and export of state-owned enterprises was 565.03 billion US dollars, down 0.8%. From the perspective of export commodities, the export of mechanical and electrical products grew steadily, and the export of textiles and clothing increased slightly. In the first three quarters, China's exports of mechanical and electrical products reached 854.83 billion US dollars, an increase of 8.3%, which was 0.9 percentage points higher than the overall growth rate of China's foreign trade exports during the same period, accounting for 57.2% of the total export value. Among them, the export of electrical and electronic products was US$345.74 billion, up 7.1%; the mechanical equipment was US$275.05 billion, up 6.3%. In the same period, clothing exports were US$116.06 billion, up 0.7%; textiles were US$71.05 billion, up 0.2%; footwear was US$34.63 billion, up 9.5%; furniture was US$35.1 billion, up 30.1%; plastic products were US$23.02 billion, up 38.2%; The luggage was 18.1 billion US dollars, up 5.5%; the toy was 8.43 billion US dollars, up 6.4%; the export value of the above 7 categories of labor-intensive products accounted for 20.5% of China's total export value. From the perspective of imported goods, the import of energy and resource products grew steadily, and the import prices of iron ore, copper and aluminum fell significantly. In the first three quarters of this year, China's iron ore imports were 550 million tons, an increase of 8.4%. The average import price was 135.1 US dollars per ton, down 18.6%; soybeans were 44.3 million tons, an increase of 17.7%, and the average import price was 576.5 US dollars per ton. 0.3%; primary shape plastics 17.69 million tons, an increase of 3.2%, the average import price of 1957.5 US dollars per ton, down 5.9%; steel 10.52 million tons, a 12% reduction, the average import price of 1316.6 US dollars per ton, down 4.8%; The unwrought copper and copper materials were 3.619 million tons, an increase of 32.6%. The average import price was 8296.2 US dollars per ton, down 12.4%; the unwrought aluminum and aluminum materials were 931,000 tons, an increase of 39.4%, and the average import price was 3972 US dollars per ton. It fell by 20.3%. In addition, imports of mechanical and electrical products reached 575.27 billion US dollars, an increase of 2.7%; of which 899,000 vehicles, an increase of 23.7%.