General Administration of Customs: Chinas foreign trade import and export increased slightly by 0.7% in the first two months of this year.

    According to the website of the General Administration of Customs, in the first two months of this year, China's total import and export value of goods trade was 4.54 trillion yuan, an increase of 0.7% over the same period last year (the same below). Among them, export was 2.42 trillion yuan, an increase of 0.1%; import was 2.12 trillion yuan, an increase of 1.5%; trade surplus was 308.68 billion yuan, narrowing by 8.7%.

    In February, China's total import and export value was 1.81 trillion yuan, down 9.4%. Among them, 92.27 billion yuan was exported, down 16.6%; 888.3 billion yuan was imported, down 0.3%; and the trade surplus was 34.46 billion yuan, narrowing by 84%. Excluding the Spring Festival factors, China's import and export, export and import increased by 10.2%, 7.8% and 12.9% respectively in February.

    In dollar terms, China's total import and export value in the first two months was 66.27 billion US dollars, down 3.9%. Among them, exports fell by 4.6% to $353.21 billion, imports by 3.01% to $309.51 billion, and trade surplus by 13.6% to $43.7 billion.

    In February, China's total import and export value was 266.36 billion US dollars, down 13.8%. Among them, exports fell by 20.7% to $135.24 billion, imports by 5.2% to $131.12 billion and trade surplus by 87.2% to $4.12 billion. Excluding the Spring Festival factors, China's import and export, export and import increased by 3.9%, 1.5% and 6.5% respectively in February.

    General trade grew and its share increased. In the first two months, China's general trade imports and exports totaled 2.75 trillion yuan, an increase of 3.9%, accounting for 60.5% of our total foreign trade value, an increase of 1.9 percentage points over the same period last year. Among them, exports increased by 3.6% to 1.43 trillion yuan, imports by 1.32 trillion yuan, an increase of 4.3%, and trade surplus by 108.48 billion yuan, a narrowing of 4.2%. In the same period, the import and export of processing trade dropped by 6.6%, accounting for 25.1%, by 1.14 trillion yuan, or 2 percentage points. Among them, 72.13 billion yuan was exported, down by 49%, 41.38 billion yuan was imported, down by 9.5%, and the trade surplus was 313.25 billion yuan, up by 1.9%. In addition, China's import and export of bonded logistics amounted to 497.26 billion yuan, an increase of 7.5%, accounting for 10.9%. Among them, exports amounted to 165.08 billion yuan, an increase of 14.3%, while imports amounted to 332.18 billion yuan, an increase of 4.5%.

    The growth rate of imports and exports of major markets such as the European Union, ASEAN and Japan is higher than that of the whole country. In the first two months, the total value of China-EU trade was 737.63 billion yuan, an increase of 8.9%, accounting for 16.2% of our total foreign trade value. Among them, exports to the EU totaled 444.75 billion yuan, up by 7.5%, imports from the EU totaled 292.88 billion yuan, up by 11.3%, and trade surplus with Europe totaled 151.87 billion yuan, up by 0.9%. The total value of trade between China and ASEAN is 58.93 billion yuan, an increase of 1.9%, accounting for 12.8% of the total value of our foreign trade. Among them, exports to ASEAN amounted to 321.72 billion yuan, an increase of 7%; imports from ASEAN amounted to 260.21 billion yuan, a decrease of 38%; and trade surplus with ASEAN amounted to 61.51 billion yuan, a double increase. The total value of Sino-US trade was 524.97 billion yuan, down 16.1%, accounting for 11.6% of the total value of our foreign trade. Among them, exports to the United States totaled 407.53 billion yuan, down by 9.9%, imports from the United States totaled 117.44 billion yuan, down by 32.2%, and trade surplus with the United States totaled 290.09 billion yuan, up by 3.9%. The total value of Sino-Japanese trade is 324.53 billion yuan, an increase of 4%, accounting for 7.1% of the total value of our foreign trade. Among them, exports to Japan amounted to 154.64 billion yuan, an increase of 3.7%, imports from Japan amounted to 169.89 billion yuan, an increase of 4.2%, and the trade deficit with Japan amounted to 15.25 billion yuan, an increase of 9.6%. Over the same period, China's total imports and exports totaled 2.4% yuan for the countries along the belt and the road, an increase of 2.4%, higher than the national growth rate by 1.7 percentage points, accounting for 28.2% of the total value of our foreign trade, and the proportion increased by 0.5 percentage points.

    Private enterprises'imports and exports increased, while foreign-funded enterprises' imports and exports declined slightly. In the first two months, private enterprises imported and exported 1.84 trillion yuan, an increase of 4.4%, accounting for 40.6% of our total foreign trade value, up 1.4 percentage points from the same period last year. Among them, exports amounted to 1.21 trillion yuan, an increase of 3.6%, accounting for 50% of the total value of exports; imports amounted to 63.24 billion yuan, an increase of 6.2%, accounting for 29.9% of the total value of imports. Over the same period, foreign-invested enterprises imported and exported 1.86 trillion yuan, down 2.7%, accounting for 41% of the total value of our foreign trade. Among them, exports of 97.279 billion yuan fell by 2.6%, while imports of 890.52 billion yuan fell by 2.8%. In addition, the import and export of state-owned enterprises amounted to 818.31 billion yuan, an increase of 0.9%, accounting for 18% of the total value of our foreign trade. Among them, exports dropped by 5.7% to 239.59 billion yuan, while imports increased by 4% to 578.72 billion yuan.

    Exports of mechanical and electrical products accounted for nearly 60%, and steel exports increased significantly. In the first two months, China's export of mechanical and electrical products was 1.42 trillion yuan, down 0.4%, accounting for 58.3% of the total export value. Among them, exports of electrical and electronic products amounted to 631.77 billion yuan, down 0.3%, while exports of machinery and equipment amounted to 421.37 billion yuan, up 1.4%. Over the same period, garment exports dropped by 10.2%, textiles by 11.95 billion yuan, furniture by 3.2%, furniture by 5.61 billion yuan, footwear by 6.9%, plastic products by 45.27 billion yuan, by 62%, luggage by 26.6 billion yuan, toys by 24.48 billion yuan, by 16.6%. The total export of these seven categories of labor-intensive products was 46.71 billion yuan, down by 39%, accounting for 19.3% of the total export value. %. In addition, steel exports increased by 12.9% to 10.7 million tons, while automobiles decreased by 5.3% to 150,000 tons.

    Imports of crude oil, natural gas and finished oil increased, and the average price of commodity imports rose and fell. In the first two months, China imported 174 million tons of iron ore, a decrease of 5.5%, the average import price of 517.9 yuan per ton, a rise of 7.5%; crude oil 81.82 million tons, an increase of 12.4%, the average import price of 3000.8 yuan per ton, a decrease of 4.8%; coal 51.14 million tons, an increase of 3.8%, the average import price of 536.4 yuan per ton, a decrease of 38%; soybean 118.3 million tons, a decrease of 14.9%, the average import price of 3051.4 yuan per ton, an increase of 11.4%; natural gas 17.14%. 360,000 tons, an increase of 18.5%, the average import price of 3330.1 yuan per ton, an increase of 29.2%; 572,000 tons of refined oil, an increase of 4.4%, the average import price of 3614.5 yuan per ton, a decrease of 0.2%; 550,000 tons of plastics with primary shape, an increase of 15.4%, an average import price of 102,000 yuan per ton, a decrease of 92.2%; 2 million tons of steel, a decrease of 99.9 million tons