In May, China’s total value of imports and exports was 2.53 trillion yuan, an increase of 8.6%. Among them, exports were 1.34 trillion yuan, an increase of 3.2%; imports were 1.19 trillion yuan, an increase of 15.6%; trade surplus was 156.51 billion yuan, narrowing 43.1%.
General trade grew rapidly and its share increased. In the first five months, China’s general trade import and export amounted to 6.84 trillion yuan, an increase of 12.7%, accounting for 58.8% of my total foreign trade value, which was 2 percentage points higher than the same period of last year. Of these, exports were 3.48 trillion. Yuan, an increase of 10.7%; Imports of 3.36 trillion yuan, an increase of 14.9%; Trade surplus of 117.71 billion yuan, narrowing 45.8%. Over the same period, the processing trade import and export 3.09 trillion yuan, an increase of 1.7%, accounting for 26.5%, down 1.9 percentage points Among them, exports were 1.95 trillion yuan, an increase of 0.3%; imports were 1.14 trillion yuan, an increase of 4.3%; trade surpluses were 800.29 billion yuan, which narrowed 4.9%. In addition, China's bonded imports and exports amounted to 1.27 trillion yuan, an increase of 17.2 billion yuan. %, accounting for 10.9% of my total value of foreign trade. Among them, exports were 399.86 billion yuan, an increase of 19.7%; imports were 865.26 billion yuan, an increase of 16%.
Exports to and imports from the EU, the United States, ASEAN, Japan, and other major markets increased, and the import and export growth rate of countries and regions along the Belt and Road Initiative was higher than that of the whole. In the first five months, the value of China-EU trade totaled 1.7 trillion yuan, an increase of 7.3%. , accounting for 14.6% of my total value of foreign trade. Among them, my exports to the EU were 997.62 billion yuan, an increase of 4.4%; imports from the EU were 706.1 billion yuan, an increase of 11.8%; and the trade surplus with Europe was 291.52 billion yuan, narrowed by 10%. The total value of trade was 1.57 trillion yuan, an increase of 5.3%, accounting for 13.5% of my total value of foreign trade. In the first five months, the total trade value between China and ASEAN was 1.49 trillion yuan, an increase of 11.9%, accounting for 12.8 of my total foreign trade value. %. Among them, I exported 811.45 billion yuan to ASEAN, an increase of 10.4%; 679.66 billion yuan was imported from ASEAN, an increase of 13.7%; the trade surplus with ASEAN was 131.79 billion yuan, narrowing 4%. The total value of Sino-Japanese trade was 838.29 billion yuan. The growth rate was 4.5%, accounting for 7.2% of the total value of foreign trade. Among them, the export to Japan was 375.41 billion yuan, an increase of 0.8%; the import from Japan was 462.88 billion yuan, an increase of 7.8%; the trade deficit with Japan was 87.47 billion yuan, an increase of 53.6%. China’s total import and export of countries and regions along the “Belt and Road” countries totaled 3.21 trillion yuan, an increase of 11.1%, which was 2.3% higher than the country’s overall growth rate. Percentage point, accounting for 27.6% of my total value of foreign trade, the proportion increased by 0.6%. Customs statistics show that China and Russia, India, Pakistan, Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan and other seven SCO member states Exports grew faster. In the first five months of this year, China's exports and imports from other 7 member states of the Shanghai Cooperation Organization reached 636.31 billion yuan, an increase of 10.3% year-on-year, 1.5 percentage points higher than China's overall foreign trade growth over the same period; of which exports stood at 413.09 billion yuan. , an increase of 6.5%; import 223.22 billion yuan, an increase of 18.2%. In the first 5 months, my total value of trade with Russia was 260.52 billion yuan, an increase of 18%, of which exports were 117.38 billion yuan, an increase of 12.2%; imports were 143.14 billion yuan, an increase 23.2%.
The proportion of private enterprises has further increased. In the first five months, private enterprises’ import and export amounted to 4.52 trillion yuan, an increase of 11.7%, accounting for 38.9% of my total foreign trade value, up 1 percentage point from the same period of last year. Among them, exports were 2.9 trillion yuan. , an increase of 7.8%, accounting for 47.2% of the total value of exports; imports 1.62 trillion yuan, an increase of 19.3%, accounting for 29.6% of the total value of imports. Over the same period, foreign-invested enterprises import and export 4.95 trillion yuan, an increase of 4.3%, accounting for my foreign trade 42.6% of total value. Of this total, exports were 2.56 trillion yuan, an increase of 2.2%; imports were 2.39 trillion yuan, an increase of 6.6%. In addition, state-owned enterprises’ imports and exports were 2.11 trillion yuan, an increase of 13.8%, accounting for 18.1 of my total foreign trade value. %. Among them, exports were 676.65 billion yuan, an increase of 9.4%; imports were 1.43 trillion yuan, an increase of 16%.
Exports of electromechanical products have increased, and exports of traditional labor-intensive products have declined. In the first five months, China’s exports of electromechanical products were 3.61 trillion yuan, an increase of 7.9%, accounting for 58.8% of the total value of exports. Among them, exports of electrical and electronic products were 1.59 trillion yuan. , an increase of 8.6%; machinery and equipment 1.09 trillion yuan, an increase of 10.6%. Over the same period, garment exports 3510.5 billion yuan, down 9%; textiles 305.23 billion yuan, an increase of 3.1%; furniture 135.86 billion yuan, down 2%; footwear 116.15 billion Yuan, down 11.8%; plastic products 105.78 billion yuan, up 2.8%; luggage 66.65 billion yuan, down 7.9%; toys 50.64 billion yuan, down 3%; the above-mentioned 7 categories of labor-intensive products total exports 1.13 trillion yuan, down 4.1%, which accounted for 18.4% of the total value of exports. In addition, steel exports were 28.49 million tons, a decrease of 16.3%; autos were 440,000, an increase of 26.1%.
Iron ore, imports of crude oil and natural gas and other commodities increased, and the average price of bulk commodities increased or decreased. In the first five months, China imported 448 million tons of iron ore, an increase of 0.7%, and the average import price was 455.1 yuan per ton. Fell 15.8%; crude oil 190 million tons, an increase of 8%, the average import price was 3099.3 yuan per ton, up 15.6%; coal 121 million tons, an increase of 8.2%, the average import price was 553 yuan per ton, down 7%; soybean 3617 10,000 tons, a decrease of 2.6%, the average import price was 2728 yuan per ton, down 6.9%; natural gas 34.8 million tons, an increase of 36.4%; the average import price was 2509.7 yuan per ton, up 13.3%; the refined oil was 14.27 million tons, an increase of 12.4 %, the average import price was 3629.6 yuan per ton, up 10.7%; the plastic in the primary shape was 13.28 million tons, increased by 14.1%, the average import price was 11,100 yuan per ton, down by 3.2%; 5.63 million tons of steel, down by 0.7%. The average import price was 8059.8 yuan per ton, up 10%; 2.15 million tons of non-wrought copper and copper were increased, up 16.7%, the average import price was 47,400 yuan per ton, up 9.3%. In addition, the import of mechanical and electrical products was 2.43 trillion yuan. Yuan, an increase of 14.7%; of which 460,000 cars, a decrease of 2.7%.