{"id":10756,"date":"2020-12-07T16:05:11","date_gmt":"2020-12-07T08:05:11","guid":{"rendered":"http:\/\/www.whatchina.cn\/?p=10756"},"modified":"2021-01-06T09:44:47","modified_gmt":"2021-01-06T01:44:47","slug":"chinas-imports-and-exports-increased-1-8-in-the-first-11-months","status":"publish","type":"post","link":"https:\/\/www.whatchina.cn\/chinas-imports-and-exports-increased-1-8-in-the-first-11-months.html","title":{"rendered":"China&#8217;s Imports And Exports Increased 1.8% In The First 11 Months"},"content":{"rendered":"<div class=\"37c28470d9d6d3cb9ff74e663adb766a\" data-index=\"2\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3594734025006597\"\r\n     crossorigin=\"anonymous\"><\/script>\n<\/div>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-10758\" src=\"https:\/\/www.whatchina.cn\/wp-content\/uploads\/2020\/12\/Chinas-Imports-And-Exports-Increased-1.8-In-The-First-11-Months-1.jpg\" alt=\"China's Imports And Exports Increased 1.8% In The First 11 Months\" width=\"800\" height=\"403\" srcset=\"https:\/\/www.whatchina.cn\/wp-content\/uploads\/2020\/12\/Chinas-Imports-And-Exports-Increased-1.8-In-The-First-11-Months-1.jpg 800w, https:\/\/www.whatchina.cn\/wp-content\/uploads\/2020\/12\/Chinas-Imports-And-Exports-Increased-1.8-In-The-First-11-Months-1-300x151.jpg 300w, https:\/\/www.whatchina.cn\/wp-content\/uploads\/2020\/12\/Chinas-Imports-And-Exports-Increased-1.8-In-The-First-11-Months-1-768x387.jpg 768w, https:\/\/www.whatchina.cn\/wp-content\/uploads\/2020\/12\/Chinas-Imports-And-Exports-Increased-1.8-In-The-First-11-Months-1-600x302.jpg 600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><br \/>\nAccording to customs statistics, in the first 11 months of this year, China&#8217;s total import and export value of goods trade was 29.04 trillion yuan, an increase of 1.8% over the same period last year (the same below). <!--more-->Among them, exports were 16.13 trillion yuan, an increase of 3.7%; imports were 12.91 trillion yuan, a decrease of 0.5%; the trade surplus was 3.22 trillion yuan, an increase of 24.6%. In dollar terms, China\u2019s total import and export value was 4.17 trillion US dollars in the first 11 months, an increase of 0.6%. Among them, exports were US$2.31 trillion, an increase of 2.5%; imports were US$1.86 trillion, a decrease of 1.6%; and the trade surplus was US$459.92 billion, an increase of 23%.<br \/>\nIn November, China\u2019s foreign trade imports and exports were 3.09 trillion yuan, an increase of 7.8%. Among them, exports were 1.8 trillion yuan, an increase of 14.9%; imports were 1.29 trillion yuan, a decrease of 0.8%; the trade surplus was 507.1 billion yuan, an increase of 92.6%. In terms of US dollars, China&#8217;s foreign trade imports and exports in November amounted to US$460.72 billion, an increase of 13.6%. Among them, exports were US$268.07 billion, an increase of 21.1%; imports were US$192.65 billion, an increase of 4.5%; the trade surplus was US$75.42 billion, an increase of 102.9%.<br \/>\nGeneral trade imports and exports increase and the proportion increases. In the first 11 months, China&#8217;s general trade import and export was 17.39 trillion yuan, an increase of 3.2%, accounting for 59.9% of China&#8217;s total foreign trade value, an increase of 0.8 percentage points over the same period last year. Among them, exports were 9.55 trillion yuan, an increase of 6.1%; imports were 7.84 trillion yuan, a decrease of 0.2%. In the same period, the import and export of processing trade was 6.89 trillion yuan, down 4.8%. Among them, exports were 4.38 trillion yuan, down 5.1%; imports were 2.51 trillion yuan, down 4.3%. In addition, China imported 3.52 trillion yuan in bonded logistics, an increase of 7%. Among them, exports were 1.23 trillion yuan, an increase of 11.8%; imports were 2.29 trillion yuan, an increase of 4.6%.<br \/>\nImports and exports to the top five trading partners including ASEAN, EU, the United States, Japan and South Korea have all increased. In the first 11 months, ASEAN was China&#8217;s largest trading partner. The total trade value between China and ASEAN was 4.24 trillion yuan, an increase of 6.7%, accounting for 14.6% of China&#8217;s total foreign trade value. Among them, exports to ASEAN were 2.37 trillion yuan, an increase of 7%; imports from ASEAN were 1.87 trillion yuan, an increase of 6.3%; the trade surplus with ASEAN was 500.38 billion yuan, an increase of 9.7%. The EU is China\u2019s second largest trading partner, with a total trade value of 4.05 trillion yuan with the EU, an increase of 4.7%, accounting for 13.9% of China\u2019s total foreign trade value. Among them, exports to the EU were 2.45 trillion yuan, an increase of 7%; imports from the EU were 1.6 trillion yuan, an increase of 1.3%; the trade surplus with the EU was 840.19 billion yuan, an increase of 19.9%. The United States is our third largest trading partner. The total value of Sino-US trade is 3.65 trillion yuan, an increase of 6.9%, accounting for 12.6% of our total foreign trade value. Among them, exports to the United States were 2.82 trillion yuan, an increase of 6.9%; imports from the United States were 823.32 billion yuan, an increase of 7.2%; the trade surplus with the United States was 2 trillion yuan, an increase of 6.8%. Japan is our fourth largest trading partner. The total value of Sino-Japanese trade is 2 trillion yuan, an increase of 1.4%, accounting for 6.9% of our total foreign trade value. Among them, exports to Japan were 900.43 billion yuan, basically the same as the same period last year; imports from Japan were 1.1 trillion yuan, an increase of 2.6%; the trade deficit with Japan was 196.06 billion yuan, an increase of 16.5%. South Korea is our fifth largest trading partner. The total trade value between China and South Korea is 1.8 trillion yuan, an increase of 0.9%, accounting for 6.2% of our total foreign trade value. Among them, exports to South Korea were 705.33 billion yuan, an increase of 1.6%; imports from South Korea were 1.1 trillion yuan, an increase of 0.4%; the trade deficit with South Korea was 390.19 billion yuan, a decrease of 1.7%.<br \/>\nThe import and export of private enterprises increased and their proportion increased. In the first 11 months, the import and export of private enterprises was 13.47 trillion yuan, an increase of 11.3%, accounting for 46.4% of our total foreign trade value, an increase of 4 percentage points over the same period last year. Among them, exports were 8.95 trillion yuan, an increase of 12.2%, and accounted for 55.5% of the total export value; imports were 4.52 trillion yuan, an increase of 9.5%, and accounted for 35% of the total import value. In the same period, the import and export of foreign-invested enterprises was 11.25 trillion yuan, down 1.8%, accounting for 38.7% of China&#8217;s total foreign trade value. Among them, exports were 5.82 trillion yuan, down 4.2%; imports were 5.43 trillion yuan, up 0.8%. In addition, the import and export of state-owned enterprises was 4.22 trillion yuan, down 12.5%, accounting for 14.5% of our total foreign trade value. Among them, exports were 1.31 trillion yuan, down 10.2%; imports were 2.91 trillion yuan, down 13.5%.<br \/>\nExports of mechanical and electrical products, textiles and plastic products have increased, while exports of clothing, footwear and luggage have declined. In the first 11 months, China exported 9.57 trillion yuan in mechanical and electrical products, an increase of 5.4%, accounting for 59.3% of the total export value. Among them, the export of automatic data processing equipment and its parts was 1.31 trillion yuan, an increase of 10.7%; mobile phones were 770.67 billion yuan, a decrease of 0.7%; and automobiles (including chassis) were 97.54 billion yuan, a decrease of 3.7%. During the same period, exports of textiles, including masks, were 989.23 billion yuan, an increase of 33%; clothing 861.07 billion yuan, a decrease of 6.2%; plastic products were 527.78 billion yuan, an increase of 20.1%; furniture was 365.07 billion yuan, an increase of 11.2%; footwear was 218.94 billion yuan , Down 21.3%; toys 210.48 billion yuan, an increase of 6.8%; luggage 127.95 billion yuan, a decrease of 23.8%. In addition, exports of refined oil products were 55.932 million tons, a decrease of 6.9%; steel products were 48.826 million tons, a decrease of 18.1%.<br \/>\nIron ore imports increased in volume and prices, while imports of crude oil, soybeans and natural gas increased in volume and prices fell. In the first 11 months, China imported 1.073 billion tons of iron ore, an increase of 10.9%, and the average import price was 694.5 yuan per ton, an increase of 5.8%; crude oil was 504 million tons, an increase of 9.5%, and the average import price was 2262.2 yuan per ton, a decrease 31.3%; coal was 265 million tons, a decrease of 10.8%, the average import price was 483.6 yuan per ton, a decrease of 9.8%; soybeans was 92.803 million tons, an increase of 17.5%, and the average import price was 2722.9 yuan per ton, a decrease of 0.7%; natural gas was 90.436 million Ton, an increase of 3.9%, the average import price was 2297.8 yuan per ton, down 23.1%; the primary form of plastic was 37.276 million tons, an increase of 11.5%, and the average import price was 8840.8 yuan per ton, down 11.5%; refined oil was 26.176 million tons, Reduced by 3.9%, the average import price was 2886.6 yuan per ton, down by 24.7%; steel was 18.859 million tons, an increase of 74.3%, and the average import price was 5688.7 yuan per ton, down by 29.4%; unwrought copper and copper materials were 6.174 million tons, An increase of 38.7%, the average import price was 44,300 yuan per ton, down 1.6%. In addition, imports of mechanical and electrical products were 5.93 trillion yuan, an increase of 4.5%. Among them, integrated circuits were 488.46 billion, an increase of 21.9%, valued at 2.2 trillion yuan, an increase of 15%; cars (including chassis) were 821,000, a decrease of 15%, and their value was 282.83 billion yuan, a decrease of 8.2%.<\/p>\n<div class=\"37c28470d9d6d3cb9ff74e663adb766a\" data-index=\"2\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3594734025006597\"\r\n     crossorigin=\"anonymous\"><\/script>\n<\/div>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>According to customs statistics, in the first 11 months of this year, China&#8217;s total import&#8230;<\/p>\n","protected":false},"author":1,"featured_media":10757,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[272],"tags":[],"class_list":["post-10756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-today"],"_links":{"self":[{"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/posts\/10756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/comments?post=10756"}],"version-history":[{"count":0,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/posts\/10756\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/media\/10757"}],"wp:attachment":[{"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/media?parent=10756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/categories?post=10756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/tags?post=10756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}