In November the export of mechanical and electrical products exceeded US$100 billion

Among export commodities, from January to November, China's exports of mechanical and electrical products reached US$106.54 billion, an increase of 8.2%, which was an increase of 0.9% over the same period. Among them, electrical appliances and electronic products exported 436.78 billion U.S. dollars, an increase of 8.2%, and machinery and equipment were 340.5 billion U.S. dollars, an increase of 6%.

Today (10th), the General Administration of Customs announced the import and export of foreign trade from January to November. According to customs statistics, from January to November, China’s total value of imports and exports was US$350.28 billion, an increase of 5.8% from the same period of last year (the same below). Among them, exports accounted for 1,849.91 billion U.S. dollars, up 7.3%; imports reached 1,650.37 billion U.S. dollars, up 4.1%; trade surpluses were 15,94 million U.S. dollars.

Customs statistics show that in November, China’s total import and export value was US$ 339.13 billion, an increase of 1.5%. Among them, exports reached 179.38 billion U.S. dollars, an increase of 2.9%; imports were 159.75 billion U.S. dollars, unchanged from the same period of last year; trade surplus was 19.63 billion U.S. dollars.

From January to November, China’s general trade import and export amounted to US$182.9 billion, an increase of 4.3%. Among them, exports accounted for 892.23 billion U.S. dollars, an increase of 7.2%; imports reached 930.47 billion U.S. dollars, an increase of 1.7%. Under general trade, the deficit was 38.24 billion U.S. dollars, narrowing 53.7%. During the same period, China's import and export of processing trade reached 122.105 billion U.S. dollars, an increase of 2.6%. Among them, exports were 783.27 billion U.S. dollars, up 2.9%; imports were 437.78 billion U.S. dollars, up 2%. Under processing trade, the surplus was 345.49 billion U.S. dollars, an increase of 4.1%. In addition, China's special regulatory regions import and export 365.17 billion U.S. dollars, an increase of 27.5%, which is 21.7 percentage points higher than the overall growth rate of China's foreign trade. Of this total, exports were 119.32 billion U.S. dollars, up 44.1 percent; imports were 245.85 billion U.S. dollars, up 20.7 percent. Under the special regulatory area, the deficit was US$126.53 billion, an increase of 4.7%.

In bilateral trade with major trading partners, Sino-European bilateral trade between January and November totaled 497.55 billion U.S. dollars, a decrease of 4.1%. From January to November, the total value of bilateral trade between China and the US was 438.62 billion U.S. dollars, an increase of 8.2%. During the same period, the bilateral trade value between China and ASEAN was 359.96 billion U.S. dollars, an increase of 9.3%. From January to November, the total value of bilateral trade between China and Japan was US$302.85 billion, a decrease of 2.9%. In the same period, the bilateral trade value between China and Russia and Brazil were 80.62 billion and 78.38 billion U.S. dollars, respectively, which were up 11.9% and 1.3% respectively.

From January to November, the total value of foreign trade in Guangdong was 883.43 billion U.S. dollars, an increase of 6.4%. In the same period, the total import and export value of Jiangsu, Shanghai, and Beijing were 496.31 billion, 39.975 billion, and 371.27 billion U.S. dollars, respectively, an increase of 1.2%, 0.2%, and 5.1%. In addition, the total value of imports and exports in Zhejiang, Shandong, and Fujian were 284.97 billion, 221.47 billion, and 141.09 billion U.S. dollars, respectively, an increase of 1.3%, 3.3%, and 8.5%, respectively. The combined value of the above-mentioned 7 provinces and cities accounts for 79.9% of the total value of China's imports and exports. From the export perspective, from January to November, Guangdong exported 513.91 billion US dollars, an increase of 6.6%. Jiangsu and Zhejiang respectively exported 296.68 billion U.S. dollars and 204.74 billion U.S. dollars, up by 4.2% and 3.9% respectively; Shanghai's exports accounted for 189.56 billion U.S. dollars, down by 0.9%. In the same period, Shandong, Fujian, and Beijing respectively exported 116.92 billion, 88.11 billion, and 54.14 billion U.S. dollars, up by 2.2%, 4.6%, and 1.4% respectively. In addition, exports from the central and western regions maintained rapid growth. Export growth rates in central and western provinces and cities such as Chongqing, Anhui, Henan, Sichuan, and Jiangxi were 1.1 times, 62.3%, 58.3%, 34.8%, and 15.6%, respectively.

From January to November, foreign-invested enterprises imported and exported 1,724.3 billion U.S. dollars, an increase of 1.9%. In the same period, the import and export of private enterprises reached 1,090.08 billion U.S. dollars, an increase of 18.1%, which was 12.3 percentage points higher than the overall growth of China's foreign trade and accounted for 31.1% of China's total foreign trade value. Among them, exports reached 687.33 billion U.S. dollars, an increase of 19.4%, accounting for 37.2% of China's total foreign trade exports; imports of 402.7 billion U.S. dollars, an increase of 15.9%, accounted for 24.4% of China's total foreign trade import value. In addition, state-owned enterprises imported and exported 685.9 billion U.S. dollars, a decrease of 1.1%.

Among export commodities, from January to November, China's exports of mechanical and electrical products reached US$106.54 billion, an increase of 8.2%, which was an increase of 0.9% over the same period. Among them, electrical appliances and electronic products exported 436.78 billion U.S. dollars, an increase of 8.2%, and machinery and equipment were 340.5 billion U.S. dollars, an increase of 6%. Over the same period, garment exports reached US$143.62 billion, up 2.8%; textiles reached US$87.21 billion, up 1%; footwear reached US$41.52 billion, up 10%; furniture reached US$43.16 billion, up 27.5%; and plastics products reached US$28.39 billion, up 34.7%; Bags of 22.22 billion US dollars, an increase of 1.4%; toys 10.55 billion US dollars, an increase of 5.2%; the above-mentioned 7 categories of labor-intensive products combined exports 376.68 billion US dollars, an increase of 7.4%.

Among import commodities, from January to November, China imported 670 million tons of iron ore, an increase of 8.2%. The average import price was US$130.2 per ton, which was a decrease of 21.7%; the number of soybeans was 52.49 million tons, an increase of 11.4%, and the average import price was Tn 593.8 US dollars, up 3.9%. In addition, the import of mechanical and electrical products was 709.9 billion U.S. dollars, an increase of 3.4%; of which 10.52 million were autos, an increase of 13.2%.