According to customs statistics, in the first five months of this year, the total value of China's imports and exports of plastic products was 9.16 trillion yuan, down 3.2% from the same period last year (the same below), and narrowed 1.6 percentage points from the previous four months. Among them, exports were 5.28 trillion yuan, down 1.8%, narrowing by 0.9 percentage points; imports were 3.88 trillion yuan, down 5%, narrowing by 2.5 percentage points; trade surplus was 1.4 trillion yuan, an increase of 8.2%.
According to reports, in May, China's total import and export value was 2.02 trillion yuan, an increase of 2.8%. Among them, exports were 1.17 trillion yuan, up 1.2%; imports were 847.1 billion yuan, up 5.1%; trade surplus was 324.8 billion yuan, narrowing 7.7%.
The data shows that in the first five months, China's foreign trade import and export mainly showed the following characteristics:
First, the proportion of general trade import and export has increased. In the first five months, China's general trade import and export was 5.16 trillion yuan, down 1.3%, accounting for 56.4% of China's total foreign trade, an increase of 1.1 percentage points over the same period last year. Of which, exports were 2.94 trillion yuan, up 0.8%, accounting for 55.7% of total exports; imports were 2.22 trillion yuan, down 3.9%, accounting for 57.3% of total imports; and trade surplus was 724.39 billion yuan, up 18.6%. In the same period, China's import and export of processing trade was 2.64 trillion yuan, down 10.7%, accounting for 28.8% of China's total foreign trade, down 2.4 percentage points from the same period last year. Among them, exports were 1.71 trillion yuan, down 9.7%, accounting for 32.3% of total exports; imports were 935.2 billion yuan, down 12.4%, accounting for 24.1% of total imports; and processing trade was 77.26 billion yuan, narrowing 6.2%. In addition, China's import and export by special customs supervision method was 996.75 billion yuan, an increase of 3.3%, accounting for 10.9% of China's total foreign trade. Of this total, exports were 359.36 billion yuan, up 2.4%, accounting for 6.8% of total exports; imports were 637.39 billion yuan, up 3.7%, accounting for 16.4% of total imports.
Second, the import and export growth of the EU, the import and export of trading partners such as the United States, ASEAN and Japan declined. In the first five months, the EU was China's largest trading partner. The total trade value of China and the EU was 1.39 trillion yuan, an increase of 2%, accounting for 15.2% of China's total foreign trade. Among them, I exported 858.15 billion yuan to the EU, an increase of 1.6%; imported 535.91 billion yuan from the EU, an increase of 2.7%; trade surplus with Europe was 322.24 billion yuan, narrowing 0.2%. The United States is China's second largest trading partner. The total value of Sino-US trade is 1.27 trillion yuan, down 5.2%, accounting for 13.8% of China's total foreign trade. Among them, my exports to the United States were 924.7 billion yuan, down 4.3%; imports from the United States were 343.3 billion yuan, down 7.5%; trade surplus with the United States was 581.4 billion yuan, narrowing 2.3%.
In the first five months, ASEAN was China's third largest trading partner. The total trade value with ASEAN was 1.13 trillion yuan, down 1.6%, accounting for 12.3% of China's total foreign trade. Among them, I exported 668.72 billion yuan to ASEAN, down 2.1%; imported 458.89 billion yuan from ASEAN, down 1%; trade surplus to ASEAN was 209.83 billion yuan, narrowing 4.4%. Japan is China's fifth largest trading partner. The total trade value between China and Japan is 685.97 billion yuan, a drop of 0.3%, accounting for 7.5% of China's total foreign trade. Among them, exports to Japan were 332.95 billion yuan, down 1.1%; imports from Japan were 35.302 billion yuan, up 0.5%; trade deficit with Japan was 20.07 billion yuan, an increase of 37.4%.
Third, the import and export growth of private enterprises has increased. In the first five months, the import and export of private enterprises was 3.56 trillion yuan, an increase of 6.9%, accounting for 38.8% of the total value of foreign trade, an increase of 3.6 percentage points over the same period last year. Among them, exports were 2.48 trillion yuan, up 5.7%, accounting for 46.9% of total exports; imports were 1.08 trillion yuan, up 9.7%, accounting for 27.8% of total imports. In the same period, foreign-invested enterprises imported and exported 4.16 trillion yuan, down 7.4%, accounting for 45.4% of my total foreign trade. Among them, exports were 2.26 trillion yuan, down 7.8%, accounting for 42.7% of total exports; imports were 1.91 trillion yuan, down 7%, accounting for 49.1% of total imports. In addition, the import and export of state-owned enterprises was 1.4 trillion yuan, down 13.7%, accounting for 15.2% of China's total foreign trade. Among them, exports were 455.6 billion yuan, down 8%, accounting for 10.3% of total exports; imports were 852.78 billion yuan, down 16.9%, accounting for 21.9% of total imports.
4. The export of mechanical and electrical products declined, and the export of traditional labor-intensive products such as textiles and clothing increased. In the first five months, China's exports of mechanical and electrical products reached 3.03 trillion yuan, down 2.5%, accounting for 57.3% of the total export value. Among them, the export of electrical and electronic products was 1.34 trillion yuan, an increase of 0.5%; the mechanical equipment was 881.97 billion yuan, down 3.4%. In the same period, clothing exports reached 372.59 billion yuan, up 2%; textiles 280.56 billion yuan, up 5.3%; footwear 122.65 billion yuan, down 3.3%; furniture 129.89 billion yuan, down 4.7%; plastic products 95.87 billion yuan, up 6.7%; The luggage was 67.19 billion yuan, down 0.6%; the toy was 34.04 billion yuan, up 17.4%; the total export of the above 7 categories of labor-intensive products was 1102.8 billion yuan, an increase of 2%, accounting for 20.9% of the total export value. In addition, fertilizer exports were 10.25 million tons, a decrease of 28.1%; steel materials were 46.28 million tons, an increase of 6.4%; and automobiles were 280,000 vehicles, a decrease of 12.5%.
5. Imports of major commodities such as iron ore, crude oil and refined oil products recovered significantly, and the prices of major imported commodities generally fell. In the first five months, China imported 412 million tons of iron ore, an increase of 9.1%, the average import price was 319.6 yuan per ton, down 19.2%; crude oil 156 million tons, an increase of 16.5%, the average import price was 1706 yuan per ton, down 33.6%; coal 86.28 million tons, an increase of 3.7%, the average import price was 309.9 yuan per ton, down 21%; refined oil 13.26 million tons, an increase of 4.5%, the average import price was 2325 yuan per ton, down 23.9%; primary shape The plastics were 10.29 million tons, a decrease of 7.1%, the average import price was 10,200 yuan per ton, down 4%; the steel was 5.32 million tons, a decrease of 3%, and the average import price was 6464.2 yuan per ton, down 10.2%; unwrought copper And copper 2.31 million tons, an increase of 22.1%, the average import price of 33,400 yuan per ton, down 15.9%. In addition, imports of mechanical and electrical products reached 1.87 trillion yuan, down 1.7%; of which 380,000 were cars, a decrease of 12.8%.
6. The China Foreign Trade Export Pilot Index fell. In May, China’s foreign trade export leading index was 33.1, down 0.7 from last month, indicating that exports in the third quarter are facing further downward pressure. Among them, according to the online questionnaire data, in the month, China's export manager index was 36.3, down 1.2; new export orders index, manager confidence index fell 1.8, 1.4 to 35.5, 41.1, respectively, the export enterprise comprehensive cost index rose 0.8 to 29.1.
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