Customs Statistics: China'S Imports And Exports Were Flat From January To November This Year

According to customs statistics, in the first 11 months of this year, China's total import and export value was 37.96 trillion yuan, the same as that of the same period last year (the same below). Among them, the export reached 21.6 trillion yuan, up 0.3%; Imports reached 16.36 trillion yuan, down 0.5%; The trade surplus was 5.24 trillion yuan, an increase of 2.8%. In dollar terms, China's total import and export value in the first 11 months of this year was 5.41 trillion dollars, down 5.6%. Among them, exports reached 3.08 trillion US dollars, down 5.2%; Imports reached US $2.33 trillion, down 6%; The trade surplus was US $748.13 billion, down 2.7%.

In November this year, China's import and export reached 3.7 trillion yuan, up 1.2%. Of this total, 2.1 trillion yuan was exported, up 1.7%; Imports reached 1.6 trillion yuan, up 0.6%; The trade surplus was 490.82 billion yuan, an increase of 5.5%. In dollar terms, China's imports and exports in November this year amounted to 515.47 billion dollars, the same as the same period last year. Among them, exports reached US $291.93 billion, up 0.5%; Imports reached US $223.54 billion, down 0.6%; The trade surplus was US $68.39 billion, up 4%.

The main characteristics of China's import and export in the first 11 months of this year:

The import and export of general trade increased and its proportion increased. In the first 11 months, China's general trade import and export amounted to 24.58 trillion yuan, up 1.6%, accounting for 64.8% of China's total foreign trade, up 1 percentage point over the same period last year. Among them, exports reached 13.94 trillion yuan, up 2%; Imports reached 10.64 trillion yuan, up 1%. Over the same period, the import and export of processing trade was 6.97 trillion yuan, down 9.7%, accounting for 18.4%. Among them, the export was 4.5 trillion yuan, down 8.6%; Imports reached 2.47 trillion yuan, down 11.6%. In addition, China's import and export by bonded logistics reached 4.99 trillion yuan, up 6.6%. Among them, the export was 1.98 trillion yuan, up 10.3%; Imports totaled 3.01 trillion yuan, up 4.3%.

Import and export to ASEAN and import from EU increased. In the first 11 months, ASEAN was China's largest trading partner. The total trade value between China and ASEAN was 5.8 trillion yuan, an increase of 0.1%, accounting for 15.3% of China's total foreign trade value. Among them, the export to ASEAN was 3.33 trillion yuan, down 0.1%; Import from ASEAN reached 2.47 trillion yuan, up 0.4%; The trade surplus with ASEAN was 850.06 billion yuan, down 1.7%. The EU is China's second largest trading partner. The total trade value between China and the EU was 5.03 trillion yuan, down 2.2%, accounting for 13.2%. Among them, the export to EU was 3.22 trillion yuan, down 5.8%; Imports from the EU reached 1.81 trillion yuan, up 5%; The trade surplus with the EU was 1.41 trillion yuan, down 16.7%. The United States is our third largest trading partner. The total value of our trade with the United States was 4.26 trillion yuan, down 6.9%, or 11.2%. Among them, the export to the United States was 3.21 trillion yuan, down 8.5%; Imports from the United States totaled 1.05 trillion yuan, down 1.6%; The trade surplus with the United States was 2.16 trillion yuan, down 11.6%. Japan is our fourth largest trading partner. The total value of our trade with Japan was 2.04 trillion yuan, down 6.2%, accounting for 5.4%. Among them, the export to Japan was 1.01 trillion yuan, down 3.3%; Import from Japan was 1.03 trillion yuan, down 8.8%; The trade deficit with Japan was 10.97 billion yuan, down 85.4%. Over the same period, China's imports and exports to countries jointly building the "Belt and Road" totaled 17.65 trillion yuan, an increase of 2.6%. Among them, exports reached 9.7 trillion yuan, up 6.9%; Imports reached 7.95 trillion yuan, down 2.1%.

The import and export of private enterprises kept growing. In the first 11 months, the import and export of private enterprises reached 20.24 trillion yuan, an increase of 6.1%, accounting for 53.3% of China's total foreign trade, 3.1 percentage points higher than the same period last year. Among them, the export was 13.62 trillion yuan, up 5.3%, accounting for 63% of the total export value; Imports reached 6.62 trillion yuan, up 7.6%, accounting for 40.5% of the total import value. The import and export of state-owned enterprises reached 6.08 trillion yuan, down 0.8%, accounting for 16% of China's total foreign trade value. Among them, exports reached 1.72 trillion yuan, up 0.4%; Imports reached 4.36 trillion yuan, down 1.2%. Over the same period, the import and export of foreign-invested enterprises reached 11.54 trillion yuan, down 9%, accounting for 30.4% of China's total foreign trade value. Among them, exports reached 6.23 trillion yuan, down 9.3%; Imports reached 5.31 trillion yuan, down 8.7%.

Mechanical and electrical products accounted for nearly 60% of exports, including mobile phones and automobiles. In the first 11 months, China exported 12.66 trillion yuan of electromechanical products, an increase of 2.8%, accounting for 58.6% of the total export value. Among them, automatic data processing equipment and its parts and components reached 1.2 trillion yuan, down 17.2%; Mobile phones reached 885.25 billion yuan, up 3.3%; 652.92 billion yuan for automobiles, up 79.6%. Over the same period, the export of labor-intensive products was 3.73 trillion yuan, down 2.6%, accounting for 17.3%. Among them, clothing and clothing accessories amounted to 1.02 trillion yuan, down 3.3%; Textiles reached 865.57 billion yuan, down 3.7%; Plastic products reached 639.13 billion yuan, up 0.5%. The export of agricultural products reached 628.65 billion yuan, up 6.6%.

Imports of major commodities such as iron ore, crude oil, coal, natural gas and soybeans increased. In the first 11 months, China imported 1.078 billion tons of iron ore, up 6.2%, and the average import price (the same below) was 788.8 yuan per ton, up 2.3%; 516 million tons of crude oil, up 12.1%, at 4192 yuan per ton, down 13.1%; 427 million tons of coal, up 62.8%, or 785.1 yuan per ton, down 19.6%; 107 million tons of natural gas, up 8.5%, at 3715 yuan per ton, down 11.4%; 89.625 million tons of soybeans, up 13.3%, with 4237.3 yuan per ton, down 5.1%; The refined oil was 43.225 million tons, an increase of 86.6%, with 4123.7 yuan per ton, down 18.8%. In addition, 26.995 million tons of plastic in primary shape were imported, down 3.7% to 10800 yuan per ton, down 12.5%; 5.042 million tons of unwrought copper and copper products decreased by 5.9% to 61000 yuan per ton, down 1.1%. Over the same period, the import of mechanical and electrical products was 5.91 trillion yuan, down 6.5%.