News Center

News Center

In the first two months of this year, China's foreign trade imports and exports increased slightly by 0.7


Release time:

2019-03-11

According to customs statistics, the total value of my country's imports and exports of goods in the first two months of this year was 4.54 trillion yuan, an increase of 0.7 over the same period last year (the same below). Among them, exports were 2.42 trillion yuan, up 0.1 percent; imports were 2.12 trillion yuan, up 1.5 percent; and the trade surplus was 308.68 billion yuan, down 8.7 percent.

According to customs statistics, the total value of my country's imports and exports of goods in the first two months of this year was 4.54 trillion yuan, an increase of 0.7 over the same period last year (the same below). Among them, exports were 2.42 trillion yuan, up 0.1 percent; imports were 2.12 trillion yuan, up 1.5 percent; and the trade surplus was 308.68 billion yuan, down 8.7 percent.

In February, China's total import and export value of 1.81 trillion yuan, down 9.4. Exports of 922.76 billion yuan, down 16.6 percent; imports of 888.3 billion yuan, down 0.3 percent; trade surplus of 34.46 billion yuan, narrowed 84 percent. Excluding the Spring Festival factor, China's import and export, export and import increased by 10.2, 7.8 and 12.9 respectively in February.

In dollar terms, the total value of China's imports and exports in the first two months was 662.72 billion US dollars, down 3.9 per cent. Exports were $353.21 billion, down 4.6 per cent; imports were $309.51 billion, down 3.1 per cent; and the trade surplus was $43.7 billion, down 13.6 per cent.

The total value of China's imports and exports in February was 266.36 billion billion US dollars, down 13.8 per cent. Exports were $135.24 billion, down 20.7 per cent; imports were $131.12 billion, down 5.2 per cent; and the trade surplus was $4.12 billion, down 87.2 per cent. Excluding the Spring Festival factor, China's import and export, export and import increased by 3.9, 1.5 and 6.5 respectively in February.

General trade grew and increased in proportion. In the first two months, my country's general trade import and export was 2.75 trillion billion yuan, an increase of 3.9 percent, accounting for 60.5 percent of my country's total foreign trade value, an increase of 1.9 percentage points over the same period last year. Among them, exports were 1.43 trillion yuan, up 3.6 percent; imports were 1.32 trillion yuan, up 4.3 percent; and the trade surplus was 108.48 billion yuan, down 4.2 percent. The import and export of processing trade was 1.14 trillion yuan, down 6.6 percent, accounting for 25.1 percent, down 2 percentage points. Exports were 727.13 billion yuan, down 4.9 percent; imports were 413.88 billion yuan, down 9.5 percent; and the trade surplus was 313.25 billion yuan, up 1.9 percent. Bonded logistics import and export 497.26 billion yuan, an increase of 7.5, accounting for 10.9. Exports were 165.08 billion billion yuan, up 14.3 percent, and imports were 332.18 billion billion yuan, up 4.5 percent.

The growth of imports and exports to major markets such as the European Union, ASEAN and Japan, and the growth rate of imports and exports to countries along the "Belt and Road Initiative" route is higher than that of the whole. The total value of China-EU trade in the first two months was 737.63 billion billion yuan, an increase of 8.9 percent, accounting for 16.2 percent of China's total foreign trade value. Among them, China's exports to the EU were 444.75 billion yuan, an increase of 7.5 percent; imports from the EU were 292.88 billion yuan, an increase of 11.3 percent; and the trade surplus with the EU was 151.87 billion yuan, an increase of 0.9 percent. The total value of China's trade with ASEAN was 581.93 billion billion yuan, an increase of 1.9 percent, accounting for 12.8 percent of China's total foreign trade value. Among them, my country's exports to ASEAN were 321.72 billion yuan, an increase of 7%; imports from ASEAN were 260.21 billion yuan, a decrease of 3.8; and the trade surplus with ASEAN was 61.51 billion yuan, doubling. The total value of Sino-US trade was 524.97 billion billion yuan, down 16.1 percent, accounting for 11.6 percent of China's total foreign trade value. Among them, China's exports to the United States were 407.53 billion yuan, down 9.9 percent; imports from the United States were 117.44 billion yuan, down 32.2 percent; and the trade surplus with the United States was 290.09 billion yuan, an increase of 3.9 percent. The total value of Sino-Japanese trade was 324.53 billion billion yuan, an increase of 4%, accounting for 7.1 of China's total foreign trade value. Among them, China's exports to Japan were 154.64 billion yuan, an increase of 3.7 percent; imports from Japan were 169.89 billion yuan, an increase of 4.2 percent; and the trade deficit with Japan was 15.25 billion yuan, an increase of 9.6 percent. The total value of my country's trade with countries along the "Belt and Road" was 1.28 trillion billion yuan, an increase of 2.4 percent, 1.7 percentage points higher than the overall national growth rate, accounting for 28.2 percent of my country's total foreign trade value, and the proportion increased by 0.5 percentage points.

The import and export of private enterprises increased, and the import and export of foreign-invested enterprises decreased slightly. In the first two months, the import and export of private enterprises was 1.84 trillion billion yuan, an increase of 4.4 percent, accounting for 40.6 percent of China's total foreign trade value, an increase of 1.4 percentage points over the same period last year. Among them, exports were 1.21 trillion billion yuan, up 3.6 percent, accounting for 50 percent of the total export value; imports were 632.24 billion billion yuan, up 6.2 percent, accounting for 29.9 percent of the total import value. The import and export of foreign-invested enterprises was 1.86 trillion billion yuan, down 2.7 percent, accounting for 41 percent of China's total foreign trade value. Exports were 972.79 billion yuan, down 2.6 percent, and imports were 890.52 billion yuan, down 2.8 percent. Imports and exports of state-owned enterprises totaled 818.31 billion billion yuan, up 0.9 percent, accounting for 18 percent of China's total foreign trade value. Exports were 239.59 billion yuan, down 5.7 percent, while imports were 578.72 billion yuan, up 4 percent.

Exports of mechanical and electrical products accounted for nearly 60%, and steel exports increased significantly. In the first two months, China's exports of mechanical and electrical products totaled 1.42 trillion billion yuan, down 0.4 percent, accounting for 58.3 percent of the total export value. Among them, the export of electrical and electronic products was 631.77 billion yuan, down 0.3 percent; machinery and equipment was 421.37 billion yuan, up 1.4 percent.clothing exports were 142.9 billion yuan, down 10.2 percent; textiles were 119.57 billion yuan, down 3.2 percent;Furniture 56.81 billion yuan, down 1%; footwear 51.51 billion yuan, down 6.9; plastic products 45.27 billion yuan, up 6.2;Luggage 26.6 billion yuan, down 2.4 percent; Toys 24.48 billion yuan, up 16.6 percent;Exports of the above seven categories of labor-intensive products totaled 467.14 billion billion yuan, down 3.9 per cent, accounting for 19.3 per cent of the total export value. Steel exports 10.7 million tons, an increase of 12.9; 150000 cars, a decrease of 5.3.

Imports of crude oil, natural gas, refined oil and other commodities increased, and the average import price of bulk commodities rose and fell. In the first two months, my country imported 0.174 billion tons of iron ore, a decrease of 5.5, and the average import price was 517.9 yuan per ton, an increase of 7.5; crude oil was 81.82 million tons, an increase of 12.4, and the average import price was 3000.8 yuan per ton, a decrease of 4.8; coal was 51.14 million Tons, an increase of 3.8, the average import price was 536.4 yuan per ton, a decrease of 3.8; soybeans were 11.83 million tons, a decrease of 14.9, and the average import price of 3051.4 yuan per ton, up 11.4 percent; natural gas 17.36 million tons, up 18.5 percent, average import price per ton 3330.1 yuan, up 29.2 percent; refined oil 5.72 million tons, up 4.4 percent, average import price per ton 3614.5 yuan, down 0.2 percent; primary plastic 5.5 million tons, up 15.4 percent, average import price per ton 10200 yuan, down 9.2 percent; steel 2 million tons, down 9.9 percent, average import price per ton 8172.6 yuan, up 1.2 per cent, unwrought copper and copper 790000 tons, down 0.6 per cent, and the average import price of 44600 yuan per ton, down 8.2 per cent. Imports of mechanical and electrical products were 883.91 billion yuan, down 3.1 percent. Among them, 54.93 billion integrated circuits, down 10.8 percent, worth 278.31 billion yuan, down 4.4 percent; 150000 cars, down 13.5 percent, worth 49.1 billion yuan, down 6.5 percent.