date:2019-12-13
On June 10, the State General Administration of Customs released the foreign trade import and export data for May. Among them, the first five months of furniture exports were 148.33 billion yuan, an increase of 9.6%, electrical and electronic products exports of 1.7 trillion yuan, an increase of 6.3%, textiles 327.68 billion yuan, an increase of 7.3%. The total export of 7 major labor-intensive products was 1.21 trillion yuan, an increase of 7.2%, accounting for 18.6% of the total export value.
(Data from the General Administration of Customs, invasion)
Overall, in the first five months of this year, the total import and export value of China's goods trade was 12.1 trillion yuan, an increase of 4.1% over the same period last year. Among them, exports were 6.5 trillion yuan, up 6.1%; imports were 5.6 trillion yuan, up 1.8%; trade surplus was 893.36 billion yuan, up 45%.
In May, China’s total import and export value was 2.59 trillion yuan, an increase of 2.9%. Among them, exports were 1.43 trillion yuan, an increase of 7.7%; imports were 1.16 trillion yuan, down 2.5%; trade surplus was 279.12 billion yuan, an increase of 89.8%.
(Data from the General Administration of Customs, invasion)
From a regional perspective, China's import and export growth in major markets such as the EU, ASEAN and Japan, Sino-US trade declined but the United States remains China's third largest trading partner. In the first five months, the total trade value between China and the United States was 1.42 trillion yuan, a decrease of 9.6%, accounting for 11.7% of my total foreign trade. Among them, exports to the United States were 1.09 trillion yuan, down 3.2%; imports from the United States were 335.27 billion yuan, down 25.7%; trade surplus with the United States was 75.62 billion yuan, up 11.9%
