my country's foreign trade growth accelerated in the first four months, with a year-on-year increase of 5.7%

Release time:May 09, 2024 08:05 AM

According to customs statistics, in the first four months of this year, the total import and export value of my country's goods trade was 13.81 trillion yuan, a year-on-year increase of 5.7%. Among them, exports were 7.81 trillion yuan, an increase of 4.9%; imports were 6 trillion yuan, an increase of 6.8%.

In April, import and export volume reached 3.64 trillion yuan, an increase of 8%. Among them, exports were 2.08 trillion yuan, an increase of 5.1%; imports were 1.56 trillion yuan, an increase of 12.2%.

In April this year, my country's imports and exports to emerging markets continued to improve, while imports and exports to traditional markets such as Europe and the United States turned from falling to increasing. With two more working days than the same period last year, overall imports and exports increased by 8%, and the foreign trade trend was obviously improving.

Customs statistics show that in the first four months of this year, my country's exports were 7.81 trillion yuan, an increase of 4.9%. Among them, exports of ships, electric vehicles, engineering machinery, and sporting goods grew rapidly, with increases of 108.4%, 28.3%, 16.2%, and 13% respectively.

my country's scientific and technological innovation continues to promote industrial innovation. The export competitiveness of Chinese-made and Chinese-created products such as ships, electric vehicles, and engineering machinery continues to increase, and the international market demand is huge. At the same time, the vast number of foreign trade companies are keen to capture and grasp sports economic business opportunities such as the Olympic Games and European Cup. In the first four months, the export of sports goods from Yiwu, the "world supermarket", increased significantly by 45.6%.

In the first four months of this year, my country's imports continued to improve, with imports of 6 trillion yuan, an increase of 6.8%. Among them, the import of manufacturing intermediate goods was 2.89 trillion yuan, an increase of 10%, accounting for 48.2% of the total import value.

The latest data shows that my country's manufacturing purchasing managers index has been in the expansion range for two consecutive months, and the manufacturing industry continues to maintain a recovery and development trend. Domestic production continues to improve, providing greater market space for countries around the world and accelerating the import of related products. In the first four months, the growth rate of my country's manufacturing intermediate goods imports accelerated by 2.3 percentage points compared with the first quarter.

In the first four months of this year, the number of foreign trade entities with import and export performance in my country increased by 8.6% year-on-year. Among them, the number of private enterprises increased by 10.1%, the import and export value increased by 10.7%, accounting for 54.6% of my country's foreign trade, an increase of 2.5 percentage points from the same period last year; the number of foreign-invested enterprises increased by 1.2%.

In the first four months of this year, my country's imports and exports to countries co-building the "Belt and Road" were 6.54 trillion yuan, an increase of 6.4%, accounting for 47.4% of the total import and export value, an increase of 0.3 percentage points year-on-year. Among them, imports and exports to ASEAN were 2.18 trillion yuan, an increase of 8.5%. During the same period, imports and exports to the EU, the United States, South Korea and Japan were 1.75 trillion, 1.47 trillion, 728.7 billion and 703.05 billion yuan respectively, accounting for 33.7% in total. In addition, emerging markets such as Latin America, Africa, and the five Central Asian countries grew rapidly, with increases of 11.7%, 7.7%, and 17.9% respectively.

In the first four months, cooperation between my country and ASEAN has made steady progress in traditional fields such as textiles and clothing, consumer electronics, etc., and cooperation in green and low-carbon fields such as electric vehicles has developed rapidly. ASEAN continues to be my country's largest trading partner. The export growth rate was 2.8 percentage points higher than the overall rate. As the construction of the China-ASEAN Free Trade Area advances in depth, economic and trade cooperation between the two sides will continue to be deepened and solid.

In the first four months of this year, the import and export of the western region of my country was 1.25 trillion yuan, an increase of 8.9%; the import and export of the eastern region was 11.07 trillion yuan, an increase of 7.2%. During the same period, the import and export of the central and northeastern regions were 1.07 trillion and 412.94 billion yuan respectively.

In the first four months, the import and export of the western region increased by 8.9%, which was 3.2 percentage points higher than the overall growth rate; among which, the import and export of countries co-building the “Belt and Road” increased by 15.9%, which was higher than the overall growth rate of my country’s countries co-building the “Belt and Road” of 9.5%. percentage points.

The western region relies on its resource advantages to build a modern industrial system and has a solid industrial foundation for foreign trade development. In the first four months, exports of electric vehicles, integrated circuits, and notebook computers increased by 176%, 22.6%, and 13.5% respectively. At the same time, various regions develop specialty industries according to local conditions. The exports of Qinghai cordyceps and other Chinese medicinal materials, Yunnan coffee and products increased by 160.4% and 121.3% respectively.

my country's foreign trade growth accelerated in the first four months, with a year-on-year increase of 5.7%

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