General

According to customs data, in the first 11 months of this year, China's total import and export value of goods trade was 38.34 trillion yuan, up 8.6% year on year. Among them, the export reached 21.84 trillion yuan, up 11.9%; Imports reached 16.5 trillion yuan, up 4.6%; The trade surplus was 5.34 trillion yuan, an increase of 42.8%.

From the perspective of trade mode, the import and export of general trade maintained a double-digit growth. According to customs data, in the first 11 months, China's general trade import and export amounted to 24.47 trillion yuan, an increase of 12.4%, accounting for 63.8% of China's total foreign trade value, 2.2 percentage points higher than the same period last year.

From the perspective of trade partners, ASEAN is still China's largest trade partner. According to customs data, the total trade value between China and ASEAN in the first 11 months was 5.89 trillion yuan, an increase of 15.5%, accounting for 15.4% of China's total foreign trade value. The EU is China's second largest trading partner, with a total trade value of 5.17 trillion yuan, up 7%, accounting for 13.5%. The total value of China US trade was 4.62 trillion yuan, up 4.8%, accounting for 12%; The total value of China ROK trade was 2.22 trillion yuan, up 4.7%, accounting for 5.8%.

It is worth mentioning that China's trade with countries along the "the Belt and Road" is increasingly close. Over the same period, China's import and export to countries along the "the Belt and Road" totaled 12.54 trillion yuan, an increase of 20.4%, 11.8 percentage points higher than the overall growth rate of national foreign trade, driving the overall import and export growth by 6 percentage points.

From the perspective of the main body of foreign trade, the import and export of private enterprises grew rapidly. According to customs data, in the first 11 months, there were 497500 private enterprises with import and export performance nationwide, an increase of 7.3% year on year, with total import and export of 19.41 trillion yuan, an increase of 13.6% year on year, accounting for 50.6% of China's total foreign trade in the same period, 2.2 percentage points higher than the same period last year, and continuing to play the role of "main force" in foreign trade.

In terms of the type of export products, the export of mechanical and electrical products and labor-intensive products has grown. Among them, the increase in high-tech product exports is a highlight. According to customs data, in the first 11 months, China's exports of electric manned vehicles, lithium batteries, solar cells and other products increased by 128%, 86.6% and 74.3% respectively, reflecting the upgrading and optimization of China's export structure.

On the import side, the import volume and price of iron ore fell at the same time, while the import volume of crude oil, coal, natural gas and soybeans decreased and rose.