On the 10th, the General Administration of Customs released the import and export of China's foreign trade from January to May 2010. According to customs statistics, in the first five months, China’s total import and export value was 1,100.09 billion US dollars, an increase of 44% over the same period last year. Of this total, exports were US$567.74 billion, up 33.2%; imports were US$532.35 billion, up 57.5%; trade surplus was US$35.39 billion, down 59.9%.
Customs statistics show that China's import and export value in May was 243.99 billion US dollars, an increase of 48.4%. Of this total, exports were US$131.76 billion, an increase of 48.5%, an increase of 18.1 percentage points from the previous month; imports were US$112.23 billion, an increase of 48.3%. Compared with May 2008, imports and exports increased by 10.2%; of which exports increased by 9.2% and imports increased by 11.4%.
In the first five months of this year, China's general trade import and export was 550.43 billion US dollars, an increase of 46.9%, higher than the national import and export growth rate of 2.9 percentage points over the same period. Of which, exports were US$256.15 billion, up 32.5%; imports were US$294.28 billion, up 62.2%, higher than the overall national import growth rate of 4.7 percentage points over the same period. The trade deficit under general trade was $38.13 billion, compared with a surplus of $11.96 billion in the same period in 2009. In the same period, China's processing trade import and export was 429.76 billion US dollars, an increase of 39.4%. Of this total, exports were 269.92 billion US dollars, up 32.9%; imports were 159.84 billion US dollars, up 51.8%. The trade surplus under processing trade was US$110.08 billion, an increase of 12.6%, equivalent to 3.1 times the overall surplus over the same period.
In the bilateral trade with major trading partners, the bilateral trade volume between China and the EU in the first five months of this year was 177.49 billion US dollars, an increase of 37.4%. In the same period, the bilateral trade volume between China and the United States was 138.68 billion US dollars, an increase of 28.2%. ASEAN surpassed Japan to become China's third largest trading partner with a slight advantage. According to customs statistics, in the first five months, the bilateral trade between China and ASEAN reached US$111.8 billion, an increase of 57.5%. Among them, I exported 52.7 billion US dollars to ASEAN, an increase of 46.2%; imports from ASEAN 59.1 billion US dollars, an increase of 69.1%; trade deficit with ASEAN was 6.4 billion US dollars, while the trade surplus in the same period of 2009 was 1.09 billion US dollars. In the same period, the total value of bilateral trade between China and Japan was US$111.56 billion, an increase of 38.8%. Among them, my exports to Japan were 44.96 billion US dollars, up 22.8%; imports from Japan were 66.6 billion US dollars, up 52.3%; the trade deficit with Japan was 21.64 billion US dollars, an increase of 2 times.
Domestically, in the first five months of this year, Guangdong’s total import and export value was 279.37 billion US dollars, an increase of 34%. In the same period, the import and export values ​​of Jiangsu, Shanghai and Beijing were 174.29 billion, 139.33 billion and 119.47 billion, respectively, up 50.1%, 43.6% and 65.7%. In addition, the import and export values ​​of Zhejiang, Shandong and Fujian were 94.75 billion, 69.9 billion and 40.59 billion, respectively, up 41.4%, 42.5% and 45.6%. The total import and export value of the above seven provinces and cities accounted for 83.4% of the total import and export value of the country.
Among the export commodities, the export of mechanical and electrical products maintained rapid growth, and the growth rate of labor-intensive traditional bulk commodity exports generally accelerated. Customs statistics show that in the first five months of this year, China's exports of mechanical and electrical products reached US$337.43 billion, an increase of 34.6%, which was 1.4 percentage points higher than China's total export growth rate during the same period, accounting for 59.4% of China's total export value during the same period. Among them, the export of electrical and electronic products was US$137.18 billion, up 36%; the export of machinery and equipment was US$114.17 billion, up 33.9%. During the same period, the export of traditional bulk commodities grew steadily, and the growth rate was generally faster than that of the previous four months. Among them, clothing exports were US$41.65 billion, up 13.1%; textile yarns, fabrics and products exports were US$28.56 billion, up 29.7%; furniture exports 12.69 billion US dollars, an increase of 26.6%.
Among the imported commodities, the import volume of major bulk commodities has increased to varying degrees, and the average import price has generally rebounded significantly. According to customs statistics, in the first five months of this year, iron ore imports were 260 million tons, up 8.4%, the average import price was 106 US dollars per ton, up 36.6%; soybean imports were 19.6 million tons, up 12.8%, and the average import price was per ton. US$447.4, up 11%. In addition, the import of mechanical and electrical products was 246.7 billion US dollars, an increase of 48.7%, of which the import of automobiles was 319,000, an increase of 1.7 times.
Customs statistics show that China's import and export value in May was 243.99 billion US dollars, an increase of 48.4%. Of this total, exports were US$131.76 billion, an increase of 48.5%, an increase of 18.1 percentage points from the previous month; imports were US$112.23 billion, an increase of 48.3%. Compared with May 2008, imports and exports increased by 10.2%; of which exports increased by 9.2% and imports increased by 11.4%.
In the first five months of this year, China's general trade import and export was 550.43 billion US dollars, an increase of 46.9%, higher than the national import and export growth rate of 2.9 percentage points over the same period. Of which, exports were US$256.15 billion, up 32.5%; imports were US$294.28 billion, up 62.2%, higher than the overall national import growth rate of 4.7 percentage points over the same period. The trade deficit under general trade was $38.13 billion, compared with a surplus of $11.96 billion in the same period in 2009. In the same period, China's processing trade import and export was 429.76 billion US dollars, an increase of 39.4%. Of this total, exports were 269.92 billion US dollars, up 32.9%; imports were 159.84 billion US dollars, up 51.8%. The trade surplus under processing trade was US$110.08 billion, an increase of 12.6%, equivalent to 3.1 times the overall surplus over the same period.
In the bilateral trade with major trading partners, the bilateral trade volume between China and the EU in the first five months of this year was 177.49 billion US dollars, an increase of 37.4%. In the same period, the bilateral trade volume between China and the United States was 138.68 billion US dollars, an increase of 28.2%. ASEAN surpassed Japan to become China's third largest trading partner with a slight advantage. According to customs statistics, in the first five months, the bilateral trade between China and ASEAN reached US$111.8 billion, an increase of 57.5%. Among them, I exported 52.7 billion US dollars to ASEAN, an increase of 46.2%; imports from ASEAN 59.1 billion US dollars, an increase of 69.1%; trade deficit with ASEAN was 6.4 billion US dollars, while the trade surplus in the same period of 2009 was 1.09 billion US dollars. In the same period, the total value of bilateral trade between China and Japan was US$111.56 billion, an increase of 38.8%. Among them, my exports to Japan were 44.96 billion US dollars, up 22.8%; imports from Japan were 66.6 billion US dollars, up 52.3%; the trade deficit with Japan was 21.64 billion US dollars, an increase of 2 times.
Domestically, in the first five months of this year, Guangdong’s total import and export value was 279.37 billion US dollars, an increase of 34%. In the same period, the import and export values ​​of Jiangsu, Shanghai and Beijing were 174.29 billion, 139.33 billion and 119.47 billion, respectively, up 50.1%, 43.6% and 65.7%. In addition, the import and export values ​​of Zhejiang, Shandong and Fujian were 94.75 billion, 69.9 billion and 40.59 billion, respectively, up 41.4%, 42.5% and 45.6%. The total import and export value of the above seven provinces and cities accounted for 83.4% of the total import and export value of the country.
Among the export commodities, the export of mechanical and electrical products maintained rapid growth, and the growth rate of labor-intensive traditional bulk commodity exports generally accelerated. Customs statistics show that in the first five months of this year, China's exports of mechanical and electrical products reached US$337.43 billion, an increase of 34.6%, which was 1.4 percentage points higher than China's total export growth rate during the same period, accounting for 59.4% of China's total export value during the same period. Among them, the export of electrical and electronic products was US$137.18 billion, up 36%; the export of machinery and equipment was US$114.17 billion, up 33.9%. During the same period, the export of traditional bulk commodities grew steadily, and the growth rate was generally faster than that of the previous four months. Among them, clothing exports were US$41.65 billion, up 13.1%; textile yarns, fabrics and products exports were US$28.56 billion, up 29.7%; furniture exports 12.69 billion US dollars, an increase of 26.6%.
Among the imported commodities, the import volume of major bulk commodities has increased to varying degrees, and the average import price has generally rebounded significantly. According to customs statistics, in the first five months of this year, iron ore imports were 260 million tons, up 8.4%, the average import price was 106 US dollars per ton, up 36.6%; soybean imports were 19.6 million tons, up 12.8%, and the average import price was per ton. US$447.4, up 11%. In addition, the import of mechanical and electrical products was 246.7 billion US dollars, an increase of 48.7%, of which the import of automobiles was 319,000, an increase of 1.7 times.
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