The General Administration of Customs released today the import and export of foreign trade in China during the first five months of this year. According to customs statistics, from January to May, China’s total value of imports and exports was US$ 140.17 billion, which was an increase of 27.4% from the same period of last year (the same below). Among them, exports were 712.38 billion U.S. dollars, up 25.5%; imports were 689.41 billion U.S. dollars, up 29.4%. The cumulative trade surplus was US$22.97 billion, a decrease of 35.1%.
Customs statistics show that China’s total value of imports and exports in May was US$301.27 billion, an increase of 23.5%. Among them, exports were US$157.16 billion, up 19.4%; imports were US$144.11 billion, up 28.4%. The monthly trade surplus was 13.05 billion U.S. dollars.
In the first five months, China’s general trade volume was 735.93 billion U.S. dollars, an increase of 33.6%. Among them, exports were US$338.74 billion, up 32.3%; imports were US$397.19 billion, up 34.8%, higher than the national import growth rate of 5.4 percentage points over the same period. The trade deficit under general trade was USD 58.45 billion, an increase of 51.1%. During the same period, China's import and export of processing trade totaled 507.67 billion U.S. dollars, an increase of 18.2%. Among them, 320.36 billion US dollars were exported, an increase of 18.7%; imports were 18.73 billion US dollars, an increase of 17.2%. The trade surplus under processing trade reached USD 13.30 billion, an increase of 20.9%.
In the bilateral trade with major trading partners, the bilateral trade value between China and the EU in the first five months was US$218.01 billion, an increase of 22.9%. In the same period, Sino-U.S. bilateral trade totaled 169.52 billion U.S. dollars, an increase of 22.3%. The bilateral trade value between China and ASEAN was US$14.28 billion, an increase of 26%. In the first five months, the bilateral trade volume between China and Japan was US$134.3 billion, an increase of 20.4%.
Among export commodities, the export of China's machinery and electronic products in the first five months totaled $407.71 billion, an increase of 20.9%. Among them, the export of electrical and electronic products was 168.22 billion U.S. dollars, an increase of 22.7%; the export of machinery and equipment was 132.57 billion U.S. dollars, an increase of 16.2%. During the same period, the export of traditional bulk commodities grew steadily, with apparel 51.29 billion US dollars, up 23.1%; textiles 37.55 billion US dollars, up 31.5%; footwear 15.13 billion US dollars, up 21.7%.
Customs statistics show that China’s total value of imports and exports in May was US$301.27 billion, an increase of 23.5%. Among them, exports were US$157.16 billion, up 19.4%; imports were US$144.11 billion, up 28.4%. The monthly trade surplus was 13.05 billion U.S. dollars.
In the first five months, China’s general trade volume was 735.93 billion U.S. dollars, an increase of 33.6%. Among them, exports were US$338.74 billion, up 32.3%; imports were US$397.19 billion, up 34.8%, higher than the national import growth rate of 5.4 percentage points over the same period. The trade deficit under general trade was USD 58.45 billion, an increase of 51.1%. During the same period, China's import and export of processing trade totaled 507.67 billion U.S. dollars, an increase of 18.2%. Among them, 320.36 billion US dollars were exported, an increase of 18.7%; imports were 18.73 billion US dollars, an increase of 17.2%. The trade surplus under processing trade reached USD 13.30 billion, an increase of 20.9%.
In the bilateral trade with major trading partners, the bilateral trade value between China and the EU in the first five months was US$218.01 billion, an increase of 22.9%. In the same period, Sino-U.S. bilateral trade totaled 169.52 billion U.S. dollars, an increase of 22.3%. The bilateral trade value between China and ASEAN was US$14.28 billion, an increase of 26%. In the first five months, the bilateral trade volume between China and Japan was US$134.3 billion, an increase of 20.4%.
Among export commodities, the export of China's machinery and electronic products in the first five months totaled $407.71 billion, an increase of 20.9%. Among them, the export of electrical and electronic products was 168.22 billion U.S. dollars, an increase of 22.7%; the export of machinery and equipment was 132.57 billion U.S. dollars, an increase of 16.2%. During the same period, the export of traditional bulk commodities grew steadily, with apparel 51.29 billion US dollars, up 23.1%; textiles 37.55 billion US dollars, up 31.5%; footwear 15.13 billion US dollars, up 21.7%.
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