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Just now! Customs data released! China's total import and export value in the first two months

2023-03-07

The results of import and export in the first two months of this year were released. According to customs statistics, in the first two months of this year, China's total import and export value was 6.18 trillion yuan, down 0.8% year-on-year (the same below). Among them, exports reached 3.5 trillion yuan, up 0.9%; Import was 2.68 trillion yuan, down 2.9%; The trade surplus was 810.32 billion yuan, an increase of 16.2%.

In dollar terms, China's total import and export value in the first two months of this year was 895.72 billion US dollars, down 8.3%. Among them, exports reached 506.3 billion US dollars, down 6.8%; Imports were US $389.42 billion, down 10.2%; The trade surplus was US $116.88 billion, an increase of 6.8%.

The proportion of import and export in general trade increased

Customs data showed that in the first two months, China's import and export of general trade amounted to 4.01 trillion yuan, up 1.2%, accounting for 64.9% of China's total foreign trade value, up 1.3 percentage points from the same period last year. Among them, exports reached 2.24 trillion yuan, up 3.1%; Import was 1.77 trillion yuan, down 1.2%. During the same period, the import and export of processing trade was 1.16 trillion yuan, down 10.6%, accounting for 18.8%. Among them, the export was 768.16 billion yuan, down 6%; Import was 395.87 billion yuan, down 18.3%.

In addition, China's import and export through bonded logistics amounted to 778.55 billion yuan, up 6.1%. Among them, the export was 302.49 billion yuan, up 6.8%; Import was 476.06 billion yuan, up 5.6%.

Import and export growth to ASEAN

According to customs data, in the first two months, ASEAN was China's largest trading partner. The total value of trade between China and ASEAN was 951.93 billion yuan, up 9.6%, accounting for 15.4% of China's total foreign trade. Among them, exports to ASEAN reached 570 billion yuan, up 17.9%; Import from ASEAN reached 381.93 billion yuan, down 0.9%; The trade surplus with ASEAN was 188.7 billion yuan, an increase of 91.6%.

The EU is China's second largest trading partner. The total value of trade between China and the EU was 851.09 billion yuan, down 2.6%, accounting for 13.8%. Among them, exports to the EU amounted to 552.83 billion yuan, down 5%; The import from the EU was 298.26 billion yuan, up 2.1%; The trade surplus with the EU was 254.57 billion yuan, down 12.1%.

The United States is China's third largest trading partner. The total value of trade between China and the United States was 702.98 billion yuan, down 10.6%, or 11.4%. Among them, exports to the United States amounted to 494.11 billion yuan, down 15.2%; The import from the United States was 208.87 billion yuan, up 2.8%; The trade surplus with the United States was 285.24 billion yuan, down 24.9%.

Japan is China's fourth largest trading partner. The total value of trade between China and Japan was 344.92 billion yuan, down 5.7%, accounting for 5.6%. Among them, exports to Japan amounted to 183.56 billion yuan, up 6.7%; The import from Japan was 161.36 billion yuan, down 16.8%; The trade surplus with Japan was 22.2 billion yuan, compared with 21.84 billion yuan in the same period last year.

Over the same period, China's imports and exports to countries along the "the Belt and Road" totaled 2.12 trillion yuan, up 10.1%. Among them, export was 1.25 trillion yuan, up 15.2%; Imports reached 869.39 billion yuan, up 3.6%.

The proportion of import and export of private enterprises exceeds 50%

According to customs data, in the first two months, the import and export of private enterprises reached 3.16 trillion yuan, up 5.3%, accounting for 51.2% of China's total foreign trade, up 3 percentage points from the same period last year. Among them, exports reached 2.14 trillion yuan, up 6.5%; Import was 1.02 trillion yuan, up 2.9%.

The import and export of state-owned enterprises reached 1.05 trillion yuan, up 5.3%, accounting for 17% of China's total foreign trade value. Among them, export was 288.93 billion yuan, up 11.1%; The import was 759.61 billion yuan, up 3.3%.

During the same period, the import and export of foreign-invested enterprises reached 1.95 trillion yuan, down 12.2%, accounting for 31.6% of China's total foreign trade. Among them, export was 1.05 trillion yuan, down 11.1%; Import was 896.21 billion yuan, down 13.4%.

In addition, customs data showed that the export of mechanical and electrical products increased while the export of labor secret products decreased. In the first two months, China's export of mechanical and electrical products reached 2.03 trillion yuan, up 0.4%, accounting for 58% of the total export value. During the same period, the export of labor secret products was 573.32 billion yuan, down 7.4%, accounting for 16.4%.


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