Sichuan Metals & Minerals Imp. & Exp. Co., Ltd.

News

The total value of China's foreign trade imports and exports in the first 11 months of this year increased by 15.6%

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-09-15
  • Views:

The total value of China's foreign trade imports and exports in the first 11 months of this year increased by 15.6%

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-09-15
  • Views:

Xinhua News Agency, Beijing, December 8 (Reporters Hu Lu and Liu Hongxia) According to data released by the General Administration of Customs on the 8th, the total value of China's import and export of goods in the first 11 months of this year reached RMB 25.14 trillion, an increase of 15.6% year-on-year.

Among them, exports were 13.85 trillion yuan, an increase of 11.6%; imports were 11.29 trillion yuan, an increase of 20.9%.

According to customs statistics, in November this year, China’s total import and export value was 2.6 trillion yuan, an increase of 12.6% over the same period last year. Among them, exports were 1.43 trillion yuan, an increase of 10.3%; imports were 1.17 trillion yuan, an increase of 15.6%.

In addition, in the first 11 months, China’s trade surplus reached 2.56 trillion yuan, narrowing by 16.7%. Among them, the trade surplus in November was 263.6 billion yuan, narrowing by 8.4%.

Customs data shows that in the first 11 months, my country's general trade import and export was 14.18 trillion yuan, an increase of 18.1%, accounting for 56.4% of my country's total import and export value, an increase of 1.2% over the same period last year. The import and export of processing trade was 7.26 trillion yuan, an increase of 10.8%, accounting for 28.9% of the total import and export value, down 1.3 percentage points from the same period last year.

Mechanical and electrical products and traditional labor-intensive products are still the main exporters. In the first 11 months, my country's export of mechanical and electrical products was 8.05 trillion yuan, an increase of 12.6%, accounting for 58.1% of the total export value.

Iron ore, crude oil, natural gas and other bulk commodities have been imported in volume and price. In the first 11 months, my country imported 951 million tons of iron ore, an increase of 6%, and the average import price was 485 yuan per ton, an increase of 33%; crude oil was 386 million tons, an increase of 12%, and the average import price was 2589.3 yuan per ton, an increase 30.1%; natural gas was 60.7 million tons, an increase of 26.5%, and the average import price was 2266.8 yuan per ton, an increase of 14.2%.

China's foreign trade export leading index rebounded from the previous month. In November, the leading index of China's foreign trade exports was 41.8, up 0.2 from the previous month. Among them, the export manager index was 44.8, up 1.4 from the previous month; the new export order index and the export manager confidence index rebounded by 2.3, 1.3 to 48.7, and 51.2 respectively, and the comprehensive cost index of export enterprises fell 1 to 20.1.

Copyright:Sichuan Metals & Minerals Imp. & Exp. Co., Ltd.   ICP:NO.05031608   TEL:86-28-85265990   FAX:86-28-85265999

ADD:C-7,Fund International Plaza, No.6 Hangkong Road, Chengdu,Sichuan, P.R.China   Powered by www.300.cn