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Hits:Updated:2022-12-09 12:12:11【Print】
According to customs statistics, in the first 11 months of this year, China's import and export value was 38.34 trillion yuan, an increase of 8.6 percent over the same period last year. Of which, the export was 21.84 trillion yuan, up by 11.9 percent; Imports reached 16.5 trillion yuan, up 4.6%; Trade surplus increased by 42.8% to 5.34 trillion yuan. In dollar terms, China's import and export value in the first 11 months was 5.78 trillion US dollars, up by 5.9%. Of which, the export was US $3.29 trillion, up by 9.1%; China imported US $2.49 trillion, up 2%. The trade surplus increased by 39% to US $802.04 billion.
General trade imports and exports grew by double digits. In the first 11 months, China's general trade imports and exports reached 24.47 trillion yuan, up 12.4%, accounting for 63.8% of China's total foreign trade value, 2.2 percentage points higher than the same period last year. Specifically, the export was 13.91 trillion yuan, up by 17.2 percent; Imports reached 10.56 trillion yuan, up 6.7%. During the same period, the import and export of processing trade reached 7.74 trillion yuan, up 1.3 percent, accounting for 20.2 percent. Of which, the export was 4.93 trillion yuan, up by 3%; Imports were 2.81 trillion yuan, down 1.7%. In addition, China's imports and exports through bonded logistics totaled 4.77 trillion yuan, up 8.4 percent. Specifically, the export was 1.84 trillion yuan, up by 12.3 percent; Imports reached 2.93 trillion yuan, up by 6.1%.
Exports and imports to major trading partners such as ASEAN, the European Union and the United States increased. In the first 11 months of this year, ASEAN was China's largest trading partner. The total value of China's trade with ASEAN reached 5.89 trillion yuan, up by 15.5% and accounting for 15.4% of China's total foreign trade. Of which, the export to ASEAN was 3.42 trillion yuan, up by 22.2%; China imported 2.47 trillion yuan from ASEAN, up 7.4%; The trade surplus with ASEAN was 954.14 billion yuan, up by 90.4 percent. The EU is China's second largest trading partner. The total value of China's trade with the EU reached 5.17 trillion yuan, up 7%, accounting for 13.5%. Among them, the export to the European Union was 3.44 trillion yuan, up by 14.3%; China's imports from the EU were 1.73 trillion yuan, down 5%; Its trade surplus with the EU increased by 44% to 1.71 trillion yuan. The United States is China's third largest trading partner. The total value of China's trade with the United States reached 4.62 trillion yuan, up 4.8 percent, accounting for 12 percent of China's total. Of which, the export to the United States was 3.55 trillion yuan, up by 5.8%; China imported 1.07 trillion yuan from the United States, up 1.8%; The trade surplus with the US increased by 7.6% to 2.48 trillion yuan. The ROK is China's fourth largest trading partner. The total value of China's trade with the ROK reached 2.22 trillion yuan, up 4.7%, accounting for 5.8% of China's total. Among them, the export to South Korea was 991.39 billion yuan, up by 14.7 percent; Imports from the ROK were 1.23 trillion yuan, down 2.1%. The trade deficit with South Korea narrowed by 39.5 percent to 235.05 billion yuan. During the same period, China's imports and exports to countries along the Belt and Road reached 12.54 trillion yuan, up by 20.4 percent. Of which, the export was 7.13 trillion yuan, up by 21%; Imports reached 5.41 trillion yuan, up 19.7 percent.
Imports and exports of private enterprises grew rapidly. In the first 11 months, the import and export volume of private enterprises reached 19.41 trillion yuan, up 13.6 percent, accounting for 50.6 percent of China's total foreign trade value, 2.2 percentage points higher than the same period last year. Of which, the export was 13.22 trillion yuan, up by 18.1%, accounting for 60.6% of the total export value; Imports reached 6.19 trillion yuan, up 5.1%, accounting for 37.5% of the total value of imports. In the same period, the import and export of foreign-invested enterprises was 12.7 trillion yuan, down 0.1 percent, accounting for 33.1 percent of China's total foreign trade. Of which, the export was 6.87 trillion yuan, up by 2.4%; Imports were 5.83 trillion yuan, down 2.8%. Imports and exports of state-owned enterprises reached 6.15 trillion yuan, up 14.1 percent and accounting for 16 percent of China's total foreign trade. Specifically, the export was 1.72 trillion yuan, up by 9%; Imports reached 4.43 trillion yuan, up 16.2 percent.
Exports of mechanical and electrical products and labor-intensive products grew. In the first 11 months, China exported 12.47 trillion yuan of mechanical and electrical products, up 8.4 percent, accounting for 57.1 percent of the total export value. In total, automatic data processing equipment and its components were 1.45 trillion yuan, down 1.8%; Mobile phone 857.42 billion yuan, up 4.2%; The automobile industry reached 363.76 billion yuan, up 79.3%. During the same period, the export of labor-intensive products reached 3.91 trillion yuan, up 9.9 percent, accounting for 17.9 percent. Clothing and clothing accessories were 1.07 trillion yuan, up 7.2%; 905.83 billion yuan for textiles, up 7%; Plastic products reached 652.12 billion yuan, up 13.4 percent. In addition, the export of steel 61.948 million tons, up 0.4%; 46,005,000 tons of refined oil, down 19.4%; Fertilizer was 22.415 million tons, down 28.4 percent.
Iron ore import prices fell, while imports of crude oil, coal, natural gas and soybeans fell sharply. In the first 11 months, China imported 1.016 billion tons of iron ore, down 2.1%, and the average import price (the same below) was 780.9 yuan per ton, down 27.8%. During the same period, the import of crude oil was 460 million tons, down 1.4%, to 4,817.1 yuan per ton, up 50.3%; 262 million tons of coal, down 10.1%, 974.5 yuan per ton, up 42.9%; Natural gas was 99,006,000 tons, down 9.7%, at 4,189.1 yuan per ton, up 51.2%; Soybean 80,526,000 tons, decreased by 8.1%, 4,459.3 yuan per ton, increased by 25.4%; Primary shape plastic 28.041 million tons, down 10.4 percent, 12,300 yuan per ton, up 6.5 percent; Refined oil was 23.124 million tons, a decrease of 7.2 percent, or a rise of 28.5 percent, to 5,064.3 yuan per ton. In addition, imports of unforged copper and copper materials were 5.357 million tons, up 8.5 percent, or 1.2 percent, to 61,800 yuan per ton. During the same period, the import of mechanical and electrical products was 6.36 trillion yuan, down 4.7 percent. Among them, there were 498.51 billion integrated circuits, a decrease of 14.4%, with a value of 2.52 trillion yuan, up 0.6%; Cars (including chassis) totaled 814,000 units, down 7.4 percent, with a value of 327.77 billion yuan, up 1.7 percent.
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