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China's import and export of goods increased by 8.7% in the first two months

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China's import and export of goods increased by 8.7% in the first two months

According to customs statistics, in the first two months of 2024, the total import and export value of China's goods trade (hereinafter referred to as the same) was 6.61 trillion yuan, a year-on-year increase of 8.7%. Among them, exports reached 3.75 trillion yuan, an increase of 10.3%; Imports reached 2.86 trillion yuan, an increase of 6.7%; The trade surplus was 89087 billion yuan, expanding by 23.6%. In US dollars, the total import and export value of China in the first two months was 93.086 billion US dollars, an increase of 5.5%. Among them, exports reached 528.01 billion US dollars, an increase of 7.1%; Imports reached 402.85 billion US dollars, an increase of 3.5%; The trade surplus was 125.16 billion US dollars, expanding by 20.5%. The main characteristics of China's imports and exports in the first two months of 2024: The import and export of general trade have increased, with a higher proportion. In the first two months, China's general trade import and export reached 4.34 trillion yuan, an increase of 10%, accounting for 65.7% of China's total foreign trade value, an increase of 0.8 percentage points compared to the same period last year. Among them, exports reached 2.48 trillion yuan, an increase of 14.5%; Imports reached 1.86 trillion yuan, an increase of 4.6%. During the same period, the import and export of processing trade amounted to 1.12 trillion yuan, a decrease of 3.5%, accounting for 16.9%. Among them, exports amounted to 701.81 billion yuan, a decrease of 8.4%; Imports amounted to 418.32 billion yuan, an increase of 5.8%. In addition, China's imports and exports through bonded logistics amounted to 886.94 billion yuan, an increase of 16.9%. Among them, exports reached 346.42 billion yuan, an increase of 18.4%; Imports reached 540.52 billion yuan, an increase of 15.9%. Growth in imports and exports to ASEAN, the United States, and South Korea. In the first two months, ASEAN became my largest trading partner, with a total trade value of 993.24 billion yuan, an increase of 8.1%, accounting for 15% of my total foreign trade value. Among them, exports to ASEAN amounted to 587.9 billion yuan, an increase of 9.2%; Imports from ASEAN reached 405.34 billion yuan, an increase of 6.6%; The trade surplus with ASEAN reached 182.56 billion yuan, an increase of 15.7%. The EU is my second largest trading partner, with a total trade value of 832.39 billion yuan, a decrease of 1.3%, accounting for 12.6%. Among them, exports to the European Union amounted to 555.88 billion yuan, an increase of 1.6%; Imports from the European Union amounted to 276.51 billion yuan, a decrease of 6.8%; The trade surplus with the European Union reached 279.37 billion yuan, an increase of 11.5%. The United States is my third largest trading partner, with a total trade value of 707.7 billion yuan, an increase of 3.7%, accounting for 10.7%. Among them, exports to the United States amounted to 521.99 billion yuan, an increase of 8.1%; Imports from the United States amounted to 185.71 billion yuan, a decrease of 7%; The trade surplus with the United States was 336.28 billion yuan, an increase of 18.8%. South Korea is my fourth largest trading partner, with a total trade value of 336.92 billion yuan, an increase of 2.9%, accounting for 5.1%. Among them, exports to South Korea amounted to 150.45 billion yuan, a decrease of 6.8%; Imports from South Korea amounted to 186.47 billion yuan, an increase of 12.3%; The trade deficit with South Korea reached 36.02 billion yuan, expanding by 703.2%. Over the same period, China's imports and exports to countries jointly building the "the Belt and Road" totaled 3.13 trillion yuan, up 9%. Among them, exports reached 1.75 trillion yuan, an increase of 13.5%; Imports reached 1.38 trillion yuan, an increase of 3.9%. The import and export growth of private and state-owned enterprises. In the first two months, the import and export of private enterprises reached 3.61 trillion yuan, an increase of 17.7%, accounting for 54.6% of China's total foreign trade value, an increase of 4.2 percentage points compared to the same period last year. Among them, exports reached 2.45 trillion yuan, an increase of 19.2%, accounting for 65.3% of the total export value; Imports amounted to 1.16 trillion yuan, an increase of 14.6%, accounting for 40.7% of the total import value. The import and export of state-owned enterprises reached 1.06 trillion yuan, an increase of 1.7%, accounting for 16.1% of China's total foreign trade value. Among them, exports amounted to 282.86 billion yuan, a decrease of 1.6%; Imports reached 781.76 billion yuan, an increase of 3%. During the same period, the import and export of foreign-invested enterprises reached 1.92 trillion yuan, a decrease of 1.7%, accounting for 29% of China's total foreign trade value. Among them, exports amounted to 1.01 trillion yuan, a decrease of 3.8%; Imports reached 903.27 billion yuan, an increase of 0.8%. Mechanical and electrical products account for nearly 60% of exports, with exports of automatic data processing equipment, integrated circuits, and automobiles growing. In the first two months, China's export of mechanical and electrical products reached 2.22 trillion yuan, an increase of 11.8%, accounting for 59.1% of the total export value. Among them, automatic data processing equipment and its components amounted to 195.45 billion yuan, an increase of 7.3%; Integrated circuits amounted to 160.71 billion yuan, an increase of 28.6%; Cars amounted to 111.89 billion yuan, an increase of 15.8%. During the same period, the export of labor secret products reached 666.19 billion yuan, an increase of 22.2%, accounting for 17.8%. Among them, clothing and accessories amounted to 166.2 billion yuan, an increase of 16.3%; Textiles amounted to 154.33 billion yuan, an increase of 18.9%; Plastic products amounted to 118.28 billion yuan, an increase of 26.5%. The export of agricultural products reached 105.37 billion yuan, an increase of 5.9%. The import volume of major commodities such as iron ore, crude oil, coal, and natural gas has increased. In the first two months, China imported 209 million tons of iron ore sand, an increase of 8.1%, with an average import price of 931.7 yuan per ton, an increase of 17.1%; 88.308 million tons of crude oil, an increase of 5.1%, at 4127.8 yuan per ton, an increase of 1.1%; 74.515 million tons of coal, an increase of 22.9%, at 756.2 yuan per ton, a decrease of 20.9%; 22.1 million tons of natural gas, an increase of 23.6%, at 3638.4 yuan per ton, a decrease of 21.1%; Soybeans amounted to 13.037 million tons, a decrease of 8.8%, at 4054.8 yuan per ton, a decrease of 12.6%; 7.576 million tons of refined oil increased by 35.6%, with a price of 4171.6 yuan per ton, an increase of 1.1%. In addition, 4.636 million tons of plastic with primary shapes were imported, a decrease of 3.7%, at 10300 yuan per ton, a decrease of 2.6%; Unforged copper and copper materials amounted to 902000 tons, an increase of 2.6%, with a price of 61400 yuan per ton, an increase of 0.8%. During the same period, imported mechanical and electrical products amounted to 974.08 billion yuan, an increase of 11%.

Pub Time : 2024-03-12 17:22:48 >> News list
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