Import and export value in the first seven months of 13.21 trillion yuan

According to customs statistics, in the first seven months of this year, import and export value of 13.21 trillion yuan, down 3% over last year (the same below). Among them, the export of 7.6 trillion yuan, down 1.6%; imports of 5.61 trillion yuan, down 4.8%; trade surplus of 1.99 trillion yuan, expanding 8.7%.
July, import and export value of 2.09 trillion yuan, down 0.9%. Among this, exports 1.22 trillion yuan, an increase of 2.9%; imports of 873 billion yuan, down 5.7%; trade surplus of 342.8 billion yuan, expanding 34%.
The first seven months, China’s foreign trade is mainly characterized by the following features:
One, One like the proportion of import and export trade has improved. The first seven months, China’s general trade import and export One 7.47 trillion yuan, down 0.7%, accounting for 56.5% of my total foreign trade over the same period last year to enhance the 1.3 percentage points. Which exports 4.24 trillion yuan, an increase of 0.8%, accounting for 55.7% of total exports; imports of 3.23 trillion yuan, down 2.6%, accounting for 57.6% of total imports; One under general trade surplus of 1.01 trillion yuan terms, expanding 13.6 %. Over the same period, China’s processing trade imports and exports 3.82 trillion yuan, down 9.2%, 28.9% of our total foreign trade, down two percentage points from the same period last year. Which exports 2.47 trillion yuan, down 7.8%, accounting for 32.5% of total exports; imports of 1.35 trillion yuan, down 11.7%, accounting for 24% of the total import value; processing trade surplus of 1.12 trillion yuan, narrowed 2.7 %.
In addition, a special customs supervision of import and export of 1.42 trillion yuan, down 1.2%, accounting for 10.7% of my total foreign trade. Exports 504.76 billion yuan, down 2.3%, accounting for 6.6% of total exports; imports 914.04 billion yuan, down 0.6%, accounting for 16.3% of total imports.
Second, the European Union, Japan and other trading partners and export growth, the United States, ASEAN and other import and export decline. The first seven months, the EU is China’s first One-largest trading partner, EU trade worth 2.01 trillion yuan, an increase of 1.8%, accounted for 15.2% of our total foreign trade. Among them, the export to the EU 1.24 trillion yuan, an increase of 1.7%; imports from the EU 771.58 billion yuan, an increase of 2.1%; the EU trade surplus of 465.54 billion yuan, expanding by 1%. The United States is China’s second largest trading partner, bilateral trade amounted to 1.83 trillion yuan, down 4.8%, accounting for 13.8% of my total foreign trade. Of that, US exports of 1.35 trillion yuan, down 3.1%; from the United States imports 473.82 billion yuan, down 9.3%; trade surplus 877.91 billion yuan, expanding 0.6%.
The first seven months, ASEAN is China’s third largest trading partner, and ASEAN trade amounted to 1.61 trillion yuan, down 2.2%, accounting for 12.2% of my total foreign trade. Of that, ASEAN exports 944.92 billion yuan, down 1.6%; imports from ASEAN 660.23 billion yuan, down 3.1%; ASEAN trade surplus of 284.69 billion yuan, expanding by 2.1%. Japan is China’s fifth largest trading partner, Sino-Japanese trade amounted to 983.57 billion yuan, an increase of 0.8%, accounted for 7.4% of my total foreign trade. Among them, Japan’s exports 469.78 billion yuan, down 0.2%; imports from Japan 513.79 billion yuan, an increase of 1.7%; Japan trade deficit of 44.01 billion yuan, expanding 27.6%.
Third, import and export growth of private enterprises, increase the proportion. The first seven months, the private enterprises import and export 5.12 trillion yuan, an increase of 4.8%, 38.8% of our total foreign trade over the same period last year to enhance the 2.9 percentage points. Among this, exports 3.55 trillion yuan, an increase of 3.6%, accounting for 46.7% of total exports; imports of 1.57 trillion yuan, an increase of 7.6%, accounting for 27.9% of total imports. Over the same period, foreign-invested enterprises import and export 5.98 trillion yuan, down 6.1%, accounting for 45.3% of the total value of my trade. Among this, exports 3.25 trillion yuan, down 5.6%, accounting for 42.8% of total exports; imports of 2.73 trillion yuan, down 6.6%, accounting for 48.6% of total imports.
In addition, state-owned enterprises import and export 2.05 trillion yuan, down 12%, accounting for 15.5% of my total foreign trade. Among them, exports 789.87 billion yuan, down 6.8%, accounting for 10.4% of total exports; imports of 1.26 trillion yuan, down 14.9%, accounting for 22.5% of total imports.
Fourth, the decline in exports of electromechanical products, textiles and some other traditional labor-intensive exports growth. The first seven months, China’s export of electromechanical products 4.33 trillion yuan, down 1.9%, accounting for 57% of total exports. Among them, the electrical and electronic products exports 1.93 trillion yuan, an increase of 0.6%; machinery and equipment 1.26 trillion yuan, down 2.2%. Year, garment exports 569.5 billion yuan, down 0.2%; textiles 397.5 billion yuan, an increase of 3.9%; footwear 179.13 billion yuan, down 5.7%; furniture 179.73 billion yuan, down 4.4%; plastic products 134.65 billion yuan, an increase of 4.4%; Bags 95.46 billion yuan, down 4.1%; toys 53.25 billion yuan, an increase of 14.5%; the seven categories of labor-intensive products in total exports of 1.61 trillion yuan, an increase of 0.2%, accounting for 21.2% of total exports. In addition, exports of 14.98 million tons of fertilizer, reduce 23.5%; 67.41 million tons of steel, an increase of 8.5%; 410,000 cars, down by 8.7%.
Fifth, the main commodity imports iron ore, crude oil and copper increased, mainly imported goods prices generally fall. The first seven months, China imported 582 million tons of iron ore, an increase of 8.1%, the average import price 337.6 yuan per ton, down 13.3%; crude oil 218 million tons, an increase of 12.1%, average import price of 1852.1 yuan per ton, down 29.6%; coal 129 million tons, an increase of 6.7%, the average import price 315.3 yuan per ton, down 18.8%; 17.55 million tons of refined oil, down by 3.4 percent, while imports average price of 2475.8 yuan per ton, down 20.3%; primary forms plastic 14.37 million tons, a decrease of 6 percent, while imports average price of 10,300 yuan per ton, down 4.4%; 7.59 million tons of steel, fell 1.4 percent, while imports average price of 6471.2 yuan per ton, down 9.4%; unwrought copper copper and 3.09 million tons, an increase of 19.5%, average import price of 33,700 yuan per ton, down 14.9%.
In addition, import of electromechanical products 2.71 trillion yuan, down 1.7%; of which 570,000 cars, down 9.9%.
Sixth, China’s exports of leading indicators rebounded. In July, China’s exports of leading indicators was 33.8, 1.1 rebound last month, indicating the beginning of the fourth quarter is expected to reduce the outlet pressure. Among them, according to the network survey data show that the month, China’s export managers index was 36.9, 1 rebound; new export orders index, the manager confidence index rebounded 0.9,2.2, to 36.3,42.4, enterprises comprehensive cost index fell 1, to 28.