The General Administration of Customs: China's total import and export value increased by 16.77 trillion yuan in the first five months of this year. Same period | year-on-year | China
On June 7th, the General Administration of Customs announced that in the first five months, China's foreign trade imports and exports increased by 4.7% year-on-year, achieving stable growth.
According to customs statistics, the total import and export value of China's foreign trade in the first five months of this year was 16.77 trillion yuan, a year-on-year increase of 4.7%, of which exports amounted to 9.62 trillion yuan, a year-on-year increase of 8.1%; Imports reached 7.15 trillion yuan, a year-on-year increase of 0.5%.
Customs statistics show that in the first five months of this year, China's imports and exports to ASEAN and the European Union increased, while imports and exports to the United States and Japan decreased. In the first five months, ASEAN was China's largest trading partner, with a total trade value of 2.59 trillion yuan, an increase of 9.9%, accounting for 15.4% of the total foreign trade value. The European Union is China's second largest trading partner, with a total trade value of 2.28 trillion yuan, an increase of 3.6%, accounting for 13.6%.
The United States is China's third largest trading partner, with a total trade value of 1.89 trillion yuan, a decrease of 5.5%, accounting for 11.3%. Among them, exports to the United States amounted to 1.38 trillion yuan, a decrease of 8.5%; Importing 508.29 billion yuan from the United States, an increase of 3.9%; The trade surplus with the United States reached 87.057 billion yuan, narrowing by 14.5%.
Over the same period, China's imports and exports to countries along the "the Belt and Road" totaled 5.78 trillion yuan, an increase of 13.2%. Among them, exports reached 3.44 trillion yuan, an increase of 21.6%; Imports reached 2.34 trillion yuan, an increase of 2.7%.