Imports and exports of 9.07 trillion yuan in the first four months of April, exports increased by 8.2%

  • Date: May 07, 2020
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  • Categories: News

According to customs statistics, in the first four months of this year, China ’s total import and export value of goods trade was 9.07 trillion yuan, a decrease of 4.9% from the same period last year (the same below), and the decrease was 1.5 percentage points narrower than the first quarter. Among them, exports were 4.74 trillion yuan, down 6.4%; imports were 4.33 trillion yuan, down 3.2%; trade surplus was 415.7 billion yuan, down 30.4%. In terms of US dollars, the total value of China’s imports and exports in the first four months was US $ 1.3 trillion, down 7.5%. Among them, exports were US $ 678.28 billion, down 9%; imports were US $ 620.05 billion, down 5.9%; trade surplus was US $ 58.23 billion, down 32.6%.

In April, China’s foreign trade imports and exports were 2.5 trillion yuan, a slight decrease of 0.7% year-on-year; of which, exports were 1.41 trillion yuan, up 8.2%; imports were 1.09 trillion yuan, down 10.2%; trade surplus was 318.15 billion yuan, an increase of 2.6 times. In dollar terms, China ’s foreign trade imports and exports in April were US $ 355.22 billion, down 5%; of which, exports were US $ 200.28 billion, up 3.5%; imports were US $ 154.94 billion, down 14.2%; trade surplus was US $ 45.34 billion, up 2.5 times.

The proportion of general trade import and export increased. In the first 4 months, China ’s general trade imports and exports reached 5.43 trillion yuan, down 4.6%, accounting for 59.8% of China ’s total foreign trade, up 0.2 percentage points from the same period last year. Among them, exports were 2.77 trillion yuan, down 6.3%; imports were 2.66 trillion yuan, down 2.7%. During the same period, imports and exports of processing trade were 2.18 trillion yuan, down 8.4%. Among them, exports were 1.35 trillion yuan, down 10.9%; imports were 833.3 billion yuan, down 4.2%. In addition, China’s import and export of bonded logistics is 1.11 trillion yuan, an increase of 0.2%, accounting for 12.2% of our total foreign trade value. Among them, exports were 359.11 billion yuan, up 1.9%; imports were 746.26 billion yuan, down 0.6%.

Imports to ASEAN and countries along the “Belt and Road” have grown against the trend, while imports and exports to the EU, the United States and Japan have declined. In the first 4 months, ASEAN was my largest trading partner. The total value of trade with ASEAN was 1.35 trillion yuan, an increase of 5.7%, accounting for 14.9% of my total foreign trade value. Among them, China’s exports to ASEAN reached 740.9 billion yuan, an increase of 3.9%; imports from ASEAN reached 608.51 billion yuan, an increase of 8%; trade surplus with ASEAN was 132.39 billion yuan, a decrease of 11.5%. The EU is my second largest trading partner. The total value of trade with the EU is 1.23 trillion yuan, down 6.5%, accounting for 13.6% of my total foreign trade value. Among them, China’s exports to the EU were 719.01 billion yuan, down 6.6%; imports from the EU were 515.56 billion yuan, down 6.4%; trade surplus with the EU was 203.45 billion yuan, down 7.1%. The United States is my third largest trading partner. The total value of Sino-US trade is 958.46 billion yuan, down 12.8%, accounting for 10.6% of my total foreign trade value. Among them, I exported 702.28 billion yuan to the United States, down 15.9%; imports from the United States were 256.18 billion yuan, down 3%; trade surplus with the United States was 446.1 billion yuan, down 21.9%. Japan is my fourth largest trading partner. The total value of Sino-Japanese trade is 665.68 billion yuan, down 2.1%, accounting for 7.3% of our total foreign trade value. Among them, exports to Japan were 302.86 billion yuan, down 2.2%; imports from Japan were 362.82 billion yuan, down 2%; trade deficit with Japan was 59.96 billion yuan, down 1%. In the same period, China ’s total import and export of countries along the “Belt and Road” reached 2.76 trillion yuan, an increase of 0.9%, accounting for 30.4% of China ’s total foreign trade, and its proportion increased by 1.7 percentage points.

Private enterprise import and export growth and proportion increase. In the first 4 months, the import and export of private enterprises was 3.92 trillion yuan, an increase of 0.5%, accounting for 43.2% of China’s total foreign trade value, an increase of 2.3 percentage points over the same period last year. Among them, exports were 2.45 trillion yuan, a decrease of 2.7%, accounting for 51.7% of the total export value; imports were 1.47 trillion yuan, an increase of 6.5%, accounting for 33.8% of the total import value. In the same period, the import and export of foreign-invested enterprises was 3.6 trillion yuan, a decrease of 7.2%, accounting for 39.6% of China’s total foreign trade value. Among them, exports were 1.81 trillion yuan, down 10.7%; imports were 1.79 trillion yuan, down 3.3%. In addition, the import and export of state-owned enterprises was 1.52 trillion yuan, a decrease of 10.9%, accounting for 16.8% of the total value of our foreign trade. Among them, exports were 469.1 billion yuan, down 6.5%; imports were 1.05 trillion yuan, down 12.8%.

Exports of electromechanical products and clothing declined, and textile exports increased. In the first 4 months, China’s exports of mechanical and electrical products were 2.79 trillion yuan, down 5.9%, accounting for 58.8% of the total export value. Among them, exports of automatic data processing equipment and its parts and components were 370.67 billion yuan, down 6.6%; mobile phones were 215.38 billion yuan, down 7.8%. In the same period, textile exports including masks were 261.3 billion yuan, up 5.9%; clothing 205.1 billion yuan, down 20.2%; plastic products 139.87 billion yuan, down 0.4%; furniture 93.23 billion yuan, down 15.7%; shoes and boots 67.43 billion yuan , Down 24.4%; toys 43.69 billion yuan, down 13.5%; luggage 40.43 billion yuan, down 23.4%. In addition, the export of steel products was 20.601 million tons, a decrease of 11.7%; the number of automobiles (including chassis) was 319,000, a decrease of 7.2%.

Imports of iron ore, crude oil, coal, natural gas, soybeans and other commodities increased, and the average price of bulk commodity imports rose and fell. In the first 4 months, China imported 360 million tons of iron ore, an increase of 5.4%, and the average import price was 631.1 yuan per ton, up 10%; crude oil was 170 million tons, an increase of 1.7%, and the average import price was 2906.7 yuan per ton, down 8.9%; coal 130 million tons, an increase of 26.9%, the average import price was 510.1 yuan per ton, down 4.9%; natural gas was 32.328 million tons, an increase of 1.5%, the average import price was 2702.5 yuan per ton, down 15%; soybean 24.506 million Tons, an increase of 0.5%, the average import price was 2798.4 yuan per ton, down 2.8%; the primary shape of plastic was 11.225 million tons, a decrease of 4.9%, the average import price was 9290.4 yuan per ton, down 7.9%; refined oil was 9.613 million tons, Decreased by 21.3%, the average import price was 3486.8 yuan per ton, down 5.5%; steel was 4.184 million tons, an increase of 7.4%, the average import price was 7336.9 yuan per ton, down 11.5%; unwrought copper and copper materials were 1.748 million tons, An increase of 10.4%, the average import price was 43,000 yuan per ton, a decrease of 4.7%. In addition, the import of mechanical and electrical products was 1.88 trillion yuan, a decrease of 0.3%; of which 160.54 billion integrated circuits, an increase of 31.1%, and a value of 692.11 billion yuan, an increase of 14%; 238,000 vehicles (including chassis), a decrease of 29.8%, a value of 79.69 billion Yuan, down 22.9%.

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