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Economy

General Administration of Customs: China's imports and exports increased by 5.8% in the first four months of this year

2023-05-10   

On the 9th, the General Administration of Customs released data showing that in the first four months of this year, China's total import and export value was 13.32 trillion yuan, a year-on-year increase of 5.8%. Among them, in April, China's import and export reached 3.43 trillion yuan, an increase of 8.9%. According to customs statistics, China's exports in the first four months reached 7.67 trillion yuan, an increase of 10.6%; Import reached 5.65 trillion yuan, an increase of 0.02%; The trade surplus reached 2.02 trillion yuan, an increase of 56.7%. The proportion of general trade imports and exports has increased. Data shows that in the first four months, China's general trade import and export reached 8.72 trillion yuan, an increase of 8.5%, accounting for 65.4% of China's total foreign trade value, an increase of 1.6 percentage points compared to the same period last year. ASEAN is China's largest trading partner. In the first four months, ASEAN, the European Union, the United States, and Japan were China's top four trading partners. Among them, the total trade value between China and ASEAN was 2.09 trillion yuan, an increase of 13.9%, accounting for 15.7% of China's total foreign trade value; The total trade value with the European Union was 1.8 trillion yuan, an increase of 4.2%, accounting for 13.5%; The total trade value with the United States was 1.5 trillion yuan, a decrease of 4.2%, accounting for 11.2%; The total value of trade with Japan was 731.66 billion yuan, a decrease of 2.6%, accounting for 5.5%. Over the same period, China's imports and exports to countries along the "the Belt and Road" totaled 4.61 trillion yuan, an increase of 16%. The proportion of imports and exports of private enterprises exceeds 50%. In the first four months, the import and export of private enterprises reached 7.05 trillion yuan, an increase of 15.8%, accounting for 52.9% of China's total foreign trade value, an increase of 4.6 percentage points compared to the same period last year; The import and export of state-owned enterprises reached 2.18 trillion yuan, an increase of 5.7%, accounting for 16.4% of China's total foreign trade value. During the same period, the import and export of foreign-invested enterprises reached 4.06 trillion yuan, a decrease of 8.2%, accounting for 30.5% of China's total foreign trade value. The exports of mechanical and electrical products and labor secret products have both increased. In the first four months, China's export of mechanical and electrical products reached 4.44 trillion yuan, an increase of 10.5%, accounting for 57.9% of the total export value. Among them, automobiles reached 204.53 billion yuan, an increase of 120.3%; Mobile phones reached 282.95 billion yuan, a decrease of 3.2%. During the same period, the export of labor secret products reached 1.31 trillion yuan, an increase of 8.8%, accounting for 17.1%. Among them, clothing and accessories amounted to 330.46 billion yuan, an increase of 10.6%; Textiles amounted to 307.84 billion yuan, a decrease of 0.8%; Plastic products reached 235.15 billion yuan, an increase of 12.6%. In addition, in the first four months, China's imports of iron ore, crude oil, and coal have increased in price, natural gas imports have decreased in price, and soybean imports have both increased in price. (New News Agency)

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