General Administration of Customs: Foreign trade rebounded for 5 consecutive months

[China Epoxy Network (China Epoxy Industry Online)News on August 14, 2009: The General Administration of Customs announced yesterday and today the status of my country's foreign trade import and export in the first seven months of this year.
From January to July this year, the total value of my country's foreign trade imports and exports totaled US$114.
71 billion, a decrease of 22.
7% from the same period last year.
Among them, exports were 627.
1 billion U.
S.
dollars, down 22% year-on-year; imports were 519.
61 billion U.
S.
dollars, down 23.
6% year-on-year.
The accumulated trade surplus was US$107.
49 billion, a year-on-year decrease of 12.
4%.
The total value of my country’s foreign trade imports and exports in July was US$200.
21 billion, a year-on-year decrease of 19.
4% and a month-on-month increase of 9.
6%; among them, the export value exceeded US$100 billion for the first time this year, reaching US$105.
42 billion, a year-on-year decrease of 23% and a month-on-month increase of 10.
4%; imports 94.
79 billion US dollars, a year-on-year decrease of 14.
9%, and a month-on-month increase of 8.
7%.
This shows that after five months of decline in my country's foreign trade import and export since October last year, it has rebounded continuously for five months since March this year, and the trend of monthly recovery has basically been established.
In bilateral trade with major trading partners, the EU continues to be my country's largest trading partner.
In the first seven months, the total value of China-EU bilateral trade was US$192.
73 billion, a year-on-year decrease of 20.
7%.
During the same period, the United States was my country's second largest trading partner.
The total bilateral trade value between China and the United States was US$158.
68 billion, a year-on-year decrease of 16.
1%.
Japan is the third largest trading partner.
As of the end of July, the total value of bilateral trade between China and Japan this year was US$119.
9 billion, a year-on-year decrease of 22.
6%.
In addition, in the first seven months of this year, the total import and export value between China and ASEAN was US$107.
43 billion, a decrease of 22.
4% year-on-year; the total import and export value of the Mainland and Hong Kong was US$88.
68 billion, a decrease of 23.
6%; the total import and export value with India was US$23.
39 billion.
, A drop of 30.
2%.
Among the top 10 trading partners, imports and exports with Australia fell the least, with a drop of 8.
6%, of which imports only fell by 5.
2%.
According to experts from the China Epoxy Industry Association ( among the export commodities, exports of major labor-intensive products have fallen by single digits.
From January to July, the export of clothing and clothing accessories was US$56.
93 billion, a decrease of 9.
1%; the export of footwear was US$15.
71 billion, a decrease of 5.
2%; the export of furniture was US$13.
75 billion, a decrease of 9.
8%; the export of plastic products was US$7.
82 billion, a decrease of 7%; Exports were 6.
98 billion U.
S.
dollars, down 8.
2%.
During the same period, my country’s exports of mechanical and electrical products were US$367.
71 billion, a year-on-year decrease of 20.
8%.
Among imported goods, the import volume of major commodities increased to varying degrees.
Among them, the import of iron ore was 360 million tons, an increase of 31.
8%; the import of crude oil was 110 million tons, an increase of 5.
8%; the import of soybeans was 26.
48 million tons, an increase of 27.
7%; the primary form of plastic was 13.
83 million tons, an increase of 26.
6%; unforged copper and copper Materials of 2.
643 million tons, an increase of 75%. (Our reporter Liang Xi)

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