General

Due to the unstable international situation, China's import and export trade has also been affected. There was once speculation that the economic aggregate of China's import and export trade might plummet.

Relevant departments have released data on import and export trade. Currently, China's import and export trade has been affected by some factors, but the overall impact is not significant.

Especially in terms of export trade data, China has also increased by 0.9%. Although it is a small change, it is enough to show that our economy is not as fragile as we imagined.

With the rapid changes in the international situation and the impact of the epidemic, China's import and export trade has indeed been affected, with the import trade data declining by nearly 2.9%.

Currently, the trade volume between China and Japan has reached 851 billion yuan, and the trade volume between China and Japan has also reached 344.9 billion yuan. Now, many people are starting to worry about whether the trade volume between China and the United States will be relatively small? How will China face this situation?

China's import and export trade

In the past three years, the economic and trade of many countries have been affected to varying degrees.

However, according to existing data, China's total import and export trade has decreased considerably. In just two months, China's export trade volume has decreased by 6.8%, while imports have declined by more than 10%.

However, this does not represent the overall phenomenon of China's import and export trade. It is important to know that China has only started to fully unlock the embargo this year, and all industries and industries are resuming work in an orderly manner in the first two months of this year.

The following period will be the prime time for the growth of China's import and export trade.

It is also worth noting that China's trade situation is not so bad, and the amount of trade between China and the EU is still increasing year by year. In 2021 alone, the annual growth rate was as high as 10%.

As our trade situation gradually recovers, such growth will also continue. Currently, the status quo of China EU trade is the most closely related, with nearly 480 billion transactions in 2021.

Overall, China's import and export trade situation is relatively good. Although there has been a decline in previous years, according to the current development momentum of our country, there will be a greater improvement by the end of this year.

What are the specific directions of China's import and export trade? How will the trade volume between China and Japan and the trade volume between China and Europe change?

The main direction of China's import and export trade

The main reason why there is such a large gap in China's import and export trade with the EU, Japan, and the United States is that the needs of various countries are not the same.

In terms of exports, mechanical and electrical products are still more popular in China, while clothing and textile products have received a lot of coldness compared to them. After all, when resources are scarce, people think more about how to survive quickly.

On the other hand, the products produced by China's labor force have been greatly impacted, and there is currently no high sales volume.

In general, in terms of exports, the most popular products in China are still products such as automobiles and mobile phones.

In order to quickly recover China's export trade volume to the previous state, it is necessary to focus more on product research and development in these fields.

In terms of imports, China has saved on automobile imports. So far, automobile imports have decreased by 30%, and there is no sign of any recovery.

As we all know, the situation of import and export trade mainly depends on the international situation.

As for now, the trade connection between China and the EU is the closest, with the import and export trade volume reaching 851 billion, and between China and Japan reaching 344.9 billion.

Partners in China's import and export trade

According to the current situation, the current situation of China's import and export trade is not ideal.

Especially after the latest data released this year, China's first trading partner is ASEAN, with the overall import and export trade volume reaching 951.9 billion yuan.

While the volume of import and export trade between the EU and China has decreased, it still reaches 851 billion yuan. It can be said that it is also a relatively good result.

The trade volume between China and the United States, which everyone has been concerned about, is 702.9 billion yuan. Although compared to the other two countries, the trade volume has decreased. However, as a direct trade between countries, such achievements have already been very good.

It is particularly noteworthy that the export trade volume between ASEAN and Japan has not decreased over the past few years, but has increased.

Although the trade volume between China and the United States occupies the third place, it has declined the most.

Therefore, it can be seen that in order to break this situation in China's trade strategy with the United States, the most important thing is to strengthen research on the high-end manufacturing industry.

Otherwise, China's import and export trade volume will continue to be affected and ultimately unable to get out of its own "cage.".