According to customs statistics, in the first four months of this year, China’s total import and export value was 11.62 trillion yuan, a year-on-year increase of 28.5% and a year-on-year increase of 21.8%. Among them, the export was 6.32 trillion yuan, up 33.8% year on year and 24.8% over the same period in 2019; Imports reached 5.3 trillion yuan, a year-on-year increase of 22.7% and an increase of 18.4% over the same period in 2019; The trade surplus was 1.02 trillion yuan, a year-on-year increase of 149.7%.
In dollar terms, China’s total import and export value in the first four months of this year was US $1.79 trillion, up 38.2% year on year and 27.4% year on year. Among them, exports amounted to US $973.7 billion, a year-on-year increase of 44%, and an increase of 30.7% over the same period in 2019; Imports reached 815.79 billion US dollars, up 31.9% year on year and 23.7% over the same period in 2019; The trade surplus was US $157.91 billion, up 174% year on year.
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In April, China’s total import and export value was 3.15 trillion yuan, up 26.6% year on year, 4.2% month on month, and 25.2% year on year. Among them, exports amounted to 1.71 trillion yuan, up 22.2% year on year, 10.1% month on month, and 31.6% year on year; Imports reached 1.44 trillion yuan, up 32.2% year on year, down 2.2% month on month, and up 18.4% over the same period in 2019; The trade surplus was 276.5 billion yuan, a year-on-year decrease of 12.4%.
In terms of US dollars, China’s total import and export value in April was US $484.99 billion, a year-on-year increase of 37%, a month on month increase of 3.5%, and a year-on-year increase of 29.6%. Among them, the export reached 263.92 billion US dollars, up 32.3% year on year, 9.5% month on month, and 36.3% year on year; Imports reached US $221.07 billion, a year-on-year increase of 43.1%, a month on month decrease of 2.8%, and a year-on-year increase of 22.5%; The trade surplus was US $42.85 billion, a year-on-year decrease of 4.7%.
The import and export of general trade increased and the proportion increased. In the first four months, China’s general trade import and export reached 7.16 trillion yuan, up 32.3% year-on-year (the same below), accounting for 61.6% of China’s total foreign trade value, up 1.8 percentage points over the same period last year. Among them, exports reached 3.84 trillion yuan, an increase of 38.8%; Imports reached 3.32 trillion yuan, an increase of 25.5%. During the same period, the import and export of processing trade reached 2.57 trillion yuan, an increase of 18%, accounting for 22.1%, and a decrease of 2 percentage points. Among them, exports reached 1.62 trillion yuan, an increase of 19.9%; Imports reached 956.09 billion yuan, an increase of 14.9%. In addition, China’s import and export in the form of bonded logistics reached 1.41 trillion yuan, an increase of 29.2%. Among them, exports reached 495.1 billion yuan, an increase of 40.7%; Imports reached 914.78 billion yuan, an increase of 23.7%.
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Imports and exports to ASEAN, EU and the United States increased. In the first four months, ASEAN was China’s largest trading partner. The total value of trade between China and ASEAN was 1.72 trillion yuan, an increase of 27.6%, accounting for 14.8% of China’s total foreign trade value. Among them, the export to ASEAN was 950.58 billion yuan, an increase of 29%; Imports from ASEAN reached 765.05 billion yuan, an increase of 25.9%; The trade surplus with ASEAN was 185.53 billion yuan, an increase of 43.6%. The EU is China’s second largest trading partner, with a total trade value of 1.63 trillion yuan, an increase of 32.1%, accounting for 14%. Among them, the export to EU was 974.69 billion yuan, up 36.1%; Imports from EU reached 650.42 billion yuan, up 26.4%; The trade surplus with the EU was 324.27 billion yuan, an increase of 60.9%. The United States is China’s third largest trading partner, with a total value of 1.44 trillion yuan, an increase of 50.3%, accounting for 12.4%. Among them, exports to the United States reached 1.05 trillion yuan, an increase of 49.3%; Imports from the United States reached 393.05 billion yuan, an increase of 53.3%; The trade surplus with the United States was 653.89 billion yuan, an increase of 47%. Japan is China’s fourth largest trading partner, with a total value of 770.64 billion yuan, an increase of 16.2%, accounting for 6.6%. Among them, exports to Japan amounted to 340.74 billion yuan, an increase of 12.6%; Imports from Japan amounted to 429.9 billion yuan, an increase of 19.2%; The trade deficit with Japan was 89.16 billion yuan, an increase of 53.6%. Over the same period one country, one belt, one road, has increased 3 trillion and 430 billion yuan in imports and exports, an increase of 24.8%. Among them, exports reached 1.95 trillion yuan, an increase of 29.5%; Imports reached 1.48 trillion yuan, up 19.3 percent..
The import and export of private enterprises increased and the proportion increased. In the first four months, the import and export of private enterprises reached 5.48 trillion yuan, an increase of 40.8%, accounting for 47.2% of China’s total foreign trade value, an increase of 4.1 percentage points over the same period last year. Among them, exports reached 3.53 trillion yuan, an increase of 45%, accounting for 55.9% of the total value of exports; Imports reached 1.95 trillion yuan, an increase of 33.7%, accounting for 36.8% of the total import value. During the same period, the import and export of foreign-invested enterprises reached 4.32 trillion yuan, an increase of 20.3%, accounting for 37.2% of China’s total foreign trade value. Among them, exports reached 2.26 trillion yuan, an increase of 24.6%; Imports reached 2.06 trillion yuan, an increase of 15.9%. In addition, the import and export of state-owned enterprises reached 1.77 trillion yuan, an increase of 16.2%, accounting for 15.2% of China’s total foreign trade value. Among them, exports reached 513.64 billion yuan, an increase of 9.8%; Imports reached 1.25 trillion yuan, an increase of 19.1%.
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Exports of mechanical and electrical products and labor-intensive products increased. In the first four months, China exported 3.79 trillion yuan of mechanical and electrical products, an increase of 36.3%, accounting for 59.9% of the total export value. Among them, automatic data processing equipment and its parts were 489.9 billion yuan, an increase of 32.2%; Mobile phones reached 292.06 billion yuan, an increase of 35.6%; Automobile (including chassis) was 57.76 billion yuan, an increase of 91.3%. During the same period, the export of labor-intensive products was 1.11 trillion yuan, up 31.9%, accounting for 17.5%. Among them, clothing and clothing accessories amounted to 288.7 billion yuan, an increase of 41%; Textile products, including masks, totaled 285.65 billion yuan, an increase of 9.5%; Plastic products reached 186.96 billion yuan, an increase of 42.6%. In addition, 25.654 million tons of steel products were exported, an increase of 24.5%; Product oil was 24.608 million tons, a decrease of 5.3%.
The import volume and price of iron ore, soybean and copper rose, while the import volume of crude oil, natural gas and other commodities increased and the price fell. In the first four months, China imported 382 million tons of iron ore, an increase of 6.7%, and the average import price was 1009.7 yuan per ton, an increase of 58.8%; Crude oil was 180 million tons, up 7.2%, and the average import price was 2746.9 yuan per ton, down 5.4%; The average import price was 477.7 yuan per ton, down 6.7%; Natural gas was 39.459 million tons, an increase of 22.4%, and the average import price was 2228.9 yuan per ton, a decrease of 17.6%; Soybean 28.627 million tons, an increase of 16.8%, and the average import price was 3235.6 yuan per ton, an increase of 15.5%; 12.124 million tons of plastics in primary shape, an increase of 8%, and the average import price was 10700 yuan per ton, an increase of 15.4%; Refined oil was 8.038 million tons, a decrease of 14.9%, and the average import price was 3670.9 yuan per ton, an increase of 4.7%; 4.891 million tons of steel, an increase of 16.9%, and the average import price was 7611.3 yuan per ton, an increase of 3.8%; The average import price was 55800 yuan per ton, up 29.8%. Over the same period, imports of mechanical and electrical products reached 2.27 trillion yuan, an increase of 21%. Among them, there were 210 billion integrated circuits, an increase of 30.8%, with a value of 822.24 billion yuan, an increase of 18.9%; 333000 vehicles (including chassis), an increase of 39.8%, and a value of 117.04 billion yuan, an increase of 46.9%.
Source: China government website
Post time: Jun-01-2021