General Administration of Customs: The total value of Sino -US trade in the past July increased by 11.8%

Author:Zhongxin Jingwei Time:2022.08.07

Zhongxin Jingwei, August 7th. According to the website of the General Administration of Customs on the 7th, according to customs statistics, in the first seven months of this year, the total value of my country's import and export was 23.6 trillion yuan, an increase of 10.4%over the same period last year (the same below). Among them, exports were 1.337 trillion yuan, an increase of 14.7%; imports were 10.23 trillion yuan, an increase of 5.3%; the trade surplus was 3.14 trillion yuan, an increase of 62.1%. According to the US dollar, the total value of my country's import and export in the first 7 months was US $ 3.64 trillion, an increase of 10.4%. Among them, exports were US $ 2.06 trillion, an increase of 14.6%; imports were US $ 1.58 trillion, an increase of 5.3%; the trade surplus was 482.3 billion US dollars, an increase of 61.6%.

In July, my country's total import and export value was 3.81 trillion yuan, an increase of 16.6%. Among them, exports were 2.25 trillion yuan, an increase of 23.9%; imports were 1.56 trillion yuan, an increase of 7.4%; the trade surplus was 682.69 billion yuan, an increase of 90.9%. According to the US dollar, the total value of my country's import and export in July was US $ 564.66 billion, an increase of 11%. Among them, exports were US $ 332.96 billion, an increase of 18%; imports were 231.7 billion US dollars, an increase of 2.3%; the trade surplus was US $ 101.26 billion, an increase of 81.5%.

General trade import and export growth and proportion increase. In the first 7 months, my country's general trade import and export was 15.17 trillion yuan, an increase of 14.5%, accounting for 64.3%of our total foreign trade value, an increase of 2.3 percentage points from the same period last year. Among them, exports were 8.6 trillion yuan, an increase of 20.7%; imports were 6.57 trillion yuan, an increase of 7.3%. During the same period, the import and export of processing trade was 4.76 trillion yuan, an increase of 3.9%, accounting for 20.2%, a decrease of 1.3 percentage points. Among them, exports were 3.01 trillion yuan, an increase of 5.2%; imports were 1.75 trillion yuan, an increase of 1.7%.

In addition, my country imported and exported 2.87 trillion yuan by bonded logistics, an increase of 9.3%. Among them, exports were exported 1.08 trillion yuan, an increase of 15.6%; imports were 1.79 trillion yuan, an increase of 5.9%.

The import and export of major trading partners such as ASEAN, the European Union, the United States and South Korea increased. In the first seven months, ASEAN was the largest trading partner in my. I had a total trade value of 3.53 trillion yuan with ASEAN, an increase of 13.2%, accounting for 15%of our total foreign trade value. Among them, the exports of ASEAN exports were 2.05 trillion yuan, an increase of 19.1%; the import of imports from ASEAN was 1.48 trillion yuan, an increase of 6%; the ASEAN trade surplus was 562.6 billion yuan, an increase of 76.4%. The European Union is my second largest trading partner. I have a total trade value of 3.23 trillion yuan with the EU, an increase of 8.9%, accounting for 13.7%. Among them, the EU exports were 2.14 trillion yuan, an increase of 19.7%; the import of imports from the EU was 1.09 trillion yuan, a decrease of 7.6%; the trade surplus to the European Union was 1.05 trillion yuan, an increase of 71.7%. The United States is my third largest trading partner. The total value of Sino -US trade is 2.93 trillion yuan, an increase of 11.8%, accounting for 12.4%. Among them, exports to the United States were 2.25 trillion yuan, an increase of 15.1%; the import of 677.82 billion yuan from the United States, an increase of 2.3%; the trade surplus to the United States was 1.57 trillion yuan, an increase of 21.7%. South Korea is my fourth largest trading partner. The total value of China and South Korea is 1.39 trillion yuan, an increase of 8.9%, accounting for 5.9%. Among them, it exported 618.04 billion yuan in South Korea, an increase of 17.9%; the import of 774.05 billion yuan from South Korea, an increase of 2.6%; the trade deficit to South Korea was 156.01 billion yuan, narrowing by 32.2%.

During the same period, my country ’s total imports and exports to countries along the“ Belt and Road ”were 7.55 trillion yuan, an increase of 19.8%. Among them, exports were 4.27 trillion yuan, an increase of 19.8%; imports were 3.28 trillion yuan, an increase of 19.8%.

Private enterprises have grown rapidly and the proportion is increased. In the first seven months, private enterprises imported and exported 118 trillion yuan, an increase of 15.3%, accounting for 50%of our total foreign trade value, an increase of 2.1 percentage points from the same period last year. Among them, exports were 8.01 trillion yuan, an increase of 20.9%, accounting for 59.9%of the total export value; imports were 3.79 trillion yuan, an increase of 5%, accounting for 37%of the total import value. During the same period, foreign -invested enterprises imported and exported 797 trillion yuan, an increase of 2.7%, accounting for 33.8%of our total foreign trade value. Among them, exports were 4.3 trillion yuan, an increase of 6.4%; imports were 3.67 trillion yuan, a decrease of 1.4%. The import and export of state -owned enterprises was 3.8 trillion yuan, an increase of 15.5%, accounting for 16.1%of our total foreign trade value. Among them, exports were exported 1.05 trillion yuan, an increase of 10%; imports were 2.75 trillion yuan, an increase of 17.8%.

The exports of electromechanical products and labor -intensive products have increased. In the first 7 months, my country exported electromechanical products of 7.57 trillion yuan, an increase of 10.1%, accounting for 56.6%of the total export value. Among them, the automatic data processing equipment and its parts were 918.2 billion yuan, an increase of 4.4%; mobile phones were 494.63 billion yuan, an increase of 2%; the car was 175.74 billion yuan, an increase of 54.4%. During the same period, exported labor -intensive products were 2.41 trillion yuan, an increase of 15.2%, accounting for 18%. Among them, clothing and clothing attachments were 647.54 billion yuan, an increase of 13.5%; textiles were 581.45 billion yuan, an increase of 11.9%; plastic products were 402.1 billion yuan, an increase of 16.3%.

In addition, exported steel was 40.73 million tons, a decrease of 6.9%; refined oil was 25.038 million tons, a decrease of 39%; fertilizer was 11.362 million tons, a decrease of 43.2%. The import volume of iron ore sands has fallen, and imports of crude oil, coal, natural gas and soybeans are reduced. In the first seven months, my country imported 627 million tons of iron ore sand, a decrease of 3.4%, and the average import price was 835.1 yuan per ton, down 27.8%. During the same period, imported crude oil was 290 million tons, a decrease of 4%, and the average import price of imports was 4736.1 yuan per ton, an increase of 58.3%; coal was 139 million tons, a decrease of 18.2%, and the average import price was 1037.9 yuan per ton, an increase of 93.2%; A decrease of 9.6%, the average import price was 3787.6 yuan per ton, an increase of 63.1%; soybeans were 54.167 million tons, a decrease of 5.9%, and the average import price was 4287.5 yuan per ton, an increase of 25.5%; The average price was 126,000 yuan per ton, an increase of 12.5%; the refined oil was 13.213 million tons, a decrease of 12.1%, and the average import price was 5350.6 yuan per ton, an increase of 40%; Yuan, increased by 28.7%. In addition, the imported copper and copper materials of imports were 3.405 million tons, an increase of 5.8%, and the average import price was 64,600 yuan per ton, an increase of 8.3%.

During the same period, imported mechanical and electrical products were 3.97 trillion yuan, a decrease of 3.6%. Among them, the integrated circuit was 324.67 billion yuan, a decrease of 11.8%, a value of 1.58 trillion yuan, an increase of 5%; the car (including the chassis) was 517,000 units, a decrease of 16%, and the value was 21.01 billion yuan, a decrease of 2.7%. (Zhongxin Jingwei APP)

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