The General Administration of Customs announced on August 8 that in the first seven months of this year, my country's total import and export value was 23.55 trillion yuan, an increase of 0.4 percent year-on-year (the same below). Among them, exports were 13.47 trillion yuan, up 1.5 percent; imports were 10.08 trillion yuan, down 1.1 percent; and the trade surplus was 3.39 trillion yuan, up 10.3 percent.
denominated in US dollars, the total value of China's imports and exports in the first seven months of this year was 3.4 trillion billion US dollars, down 6.1 per cent. Of this total, exports were $1.94 trillion, down 5 per cent; imports were $1.46 trillion, down 7.6 per cent; and the trade surplus was $489.57 billion, an increase of 3.5 per cent.
, judging from the monthly data, China's import and export in July this year was 3.46 trillion yuan, down 8.3 percent. Among them, exports of 2.02 trillion yuan, down 9.2; imports of 1.44 trillion yuan, down 6.9; trade surplus of 575.7 billion yuan, narrowed 14.6.
denominated in US dollars, China's imports and exports in July this year 482.92 billion US dollars, down 13.6 per cent. Of this total, exports were $281.76 billion, down 14.5 per cent; imports were $201.16 billion, down 12.4 per cent; and the trade surplus was $80.6 billion, down 19.4 per cent.
Compared with June this year, in US dollars, July's import and export, export and import decline respectively expanded by 3.5, 2.1 and 5.6 percentage points.
"at present, the recovery of the world economy is weak, global trade and investment are slowing down, risks such as unilateralism, protectionism and geopolitics are rising, and the direct impact of weakening external demand on China's foreign trade is still continuing." Lu Daliang, spokesperson of the General Administration of Customs and Director of the Department of Statistical Analysis, said at a press conference of the State Council Information Office recently.
Lu Daliang believes that at present, China's foreign trade is indeed under pressure, ups and downs, and there are challenges, but the road is long and the road is coming. The fundamentals of my country's long-term economic improvement have not changed. Coupled with a good industrial system and complete production capacity, the development of foreign trade has sufficient resilience and room for maneuver. At the same time, the introduction of a series of stable foreign trade policy measures, its comprehensive effect is continuing to show, to promote the stable scale of foreign trade structure still has a solid support.
A member of the Academic Degrees Committee of the Research Institute of the Ministry of Commerce of said that the continued decline in foreign trade growth was related to the high base of foreign trade in the third quarter of last year. However, the external challenges are still great. "Many institutions predict that by the end of this year or early next year, the European and American economies will slow to the bottom, and even a recession may still occur. This will make the external environment facing my country's foreign trade more severe.".
Global trade is hard to be optimistic at the moment. Under the background of rising pressure from the global economic recession, external demand is sluggish, and it is difficult for foreign trade exports to be left alone. At present, many foreign trade related enterprises are still facing survival problems. ....
Source: Ningbo Shipping