From January to November, China exported 237.7 billion yuan of plastic products | up 13.3%

According to the latest statistics from China's General Administration of Customs, from January to November 2017, the total value of China's trade in goods registered 25.14 trillion yuan, an increase of 15.6% over the same period of last year.

Among them, the export of 13.85 trillion yuan, an increase of 11.6%; import 11.29 trillion yuan, an increase of 20.9%; trade surplus 2.56 trillion yuan, narrowing 16.7%.

In November, China's total import and export value reached 2.6 trillion yuan, up 12.6%, of which 1.43 trillion yuan was exported, up 10.3%; 1.17 trillion yuan was imported, up 15.6%; trade surplus was 263.6 billion yuan, narrowing 8.4% .

November exports of plastic products 23.93 billion yuan exports, a slight increase of 7.6%

From January to November, China exported 10.562 million tons of plastic products, up 12.3% over the same period of last year; its export value was 237.75 billion yuan, up 13.3% over the same period of last year.

In November, it exported 1,049,000 tons in the month, an increase of 10.4% over the same period of last year; the export value was 23.93 billion yuan, an increase of 7.6% over the same period of last year.

Imported primary forms of plastic in November 306.6 billion yuan, an increase of 16.0%

From January to November, China imported 26,048,000 tons of primary-shaped plastics, an increase of 13% over the same period of last year; the import amount was 297.94 billion yuan, up 22.2% over the same period of last year.

In November, the import volume was 2.669 million tons, up 11.7% over the same period of last year; the amount of imports was 30.66 billion yuan, up 16.0% over the same period of last year.

Expert analysis

This year, China's supply-side structural reform continued to advance. The modernization of the economy was accelerated and the innovation-driven development strategy was implemented in depth, laying a solid foundation for the development of foreign trade.

Export side , Economic growth in Europe and the United States more than expected, in November overseas PMI and other climate index have risen over the previous month, following Europe and the United States, Japan also began to show more obvious signs of improvement, suggesting that the improvement in external demand is still motivated, and in recent months data Also reflects the strong demand in Asia.

By country, exports to Europe, the United States and Japan grew 14%, 15.2% and 9.8% respectively year on year. Exports to ASEAN, South Korea and BRICS were 20.2%, 14.5% and 20.8% respectively.

In the meantime, the 'One Belt and One Road' construction will be further promoted and the mutually beneficial cooperation between China and the rest of the world will be further deepened, which will also provide new broad space for the development of foreign trade.

Import side , The second half of this year, import growth exceeded expectations strong, first, with the strong demand in China, the second is limited production in China, cut off some of the demand led to the spillover of imports through the third is strong export demand increased imports of intermediates. Global commodity prices have dropped, the recent pattern of shocks, taking into account the same period last year rose rapidly base, the contribution of the price of imports on the decline.

2016 GoodChinaBrand | ICP: 12011751 | China Exports