According to customs statistics, the total import and export value of China in the first eight months of this year was 27.08 trillion yuan, a slight decrease of 0.1% year-on-year. Among them, exports reached 15.47 trillion yuan, an increase of 0.8%; Imports amounted to 11.61 trillion yuan, a decrease of 1.3%; The trade surplus reached 3.86 trillion yuan, expanding by 7.3%. In US dollars, China's total import and export value in the first eight months of this year was 3.89 trillion US dollars, a decrease of 6.5%. Among them, exports amounted to 2.22 trillion US dollars, a decrease of 5.6%; Imports amounted to 1.67 trillion US dollars, a decrease of 7.6%; The trade surplus was 553.4 billion US dollars, expanding by 0.8%.

In August this year, China's imports and exports amounted to 3.59 trillion yuan, a year-on-year decrease of 2.5% and a month on month increase of 3.9%. Among them, exports reached 2.04 trillion yuan, a year-on-year decrease of 3.2% and a month on month increase of 1.2%; Imports amounted to 1.55 trillion yuan, a year-on-year decrease of 1.6% and a month on month increase of 7.6%; The trade surplus was 488 billion yuan, a year-on-year decrease of 8.2%. In US dollars, China's imports and exports in August this year were 50.138 billion US dollars, a decrease of 8.2%. Among them, exports amounted to 284.87 billion US dollars, a decrease of 8.8%; Imports amounted to 216.51 billion US dollars, a decrease of 7.3%; The trade surplus was 68.36 billion US dollars, narrowing by 13.2%.

The main characteristics of China's imports and exports in the first 8 months of this year are:

The import and export of general trade have increased, with a higher proportion. In the first 8 months, China's general trade import and export reached 17.72 trillion yuan, an increase of 1.7%, accounting for 65.4% of China's total foreign trade value, an increase of 1.2 percentage points compared to the same period last year. Among them, exports reached 10.08 trillion yuan, an increase of 2.2%; Imports reached 7.64 trillion yuan, an increase of 1%. During the same period, the import and export of processing trade reached 4.85 trillion yuan, a decrease of 11.3%, accounting for 17.9%. Among them, exports amounted to 3.14 trillion yuan, a decrease of 9.2%; Imports amounted to 1.71 trillion yuan, a decrease of 14.9%. In addition, China's imports and exports through bonded logistics amounted to 3.5 trillion yuan, an increase of 6.7%. Among them, exports reached 1.39 trillion yuan, an increase of 12.7%; Imports reached 2.11 trillion yuan, an increase of 3.1%.

The growth of imports and exports to ASEAN, as well as the growth of imports from the European Union and the United States. In the first 8 months, ASEAN was my largest trading partner, with a total trade value of 4.11 trillion yuan, an increase of 1.6%, accounting for 15.2% of my total foreign trade value. Among them, exports to ASEAN reached 2.4 trillion yuan, an increase of 2.8%; Imports from ASEAN reached 1.71 trillion yuan, an increase of 0.03%; The trade surplus with ASEAN reached 685.2 billion yuan, expanding by 10.3%. The EU is my second largest trading partner, with a total trade value of 3.68 trillion yuan, a decrease of 1.5%, accounting for 13.6%. Among them, exports to the European Union amounted to 2.37 trillion yuan, a decrease of 4.4%; Imports from the European Union reached 1.31 trillion yuan, an increase of 4.3%; The trade surplus with the European Union reached 1.06 trillion yuan, narrowing by 13.4%. The United States is my third largest trading partner, with a total trade value of 3.05 trillion yuan, a decrease of 8.7%, accounting for 11.2%. Among them, exports to the United States amounted to 2.27 trillion yuan, a decrease of 11.7%; Imports from the United States amounted to 775.26 billion yuan, an increase of 1.6%; The trade surplus with the United States was 1.5 trillion yuan, narrowing by 17.4%. Japan is my fourth largest trading partner, with a total trade value of 1.45 trillion yuan, a decrease of 6.8%, accounting for 5.4%. Among them, exports to Japan amounted to 724.34 billion yuan, a decrease of 2.4%; Imports from Japan amounted to 724.64 billion yuan, a decrease of 10.7%; The trade deficit with Japan was 300 million yuan, narrowing by 99.6%. Over the same period, China's total imports and exports to countries jointly built along the "the Belt and Road" totaled 12.62 trillion yuan, an increase of 3.6%. Among them, exports reached 7.01 trillion yuan, an increase of 9.4%; Imports amounted to 5.61 trillion yuan, a decrease of 2.9%.

Domestic enterprises maintain growth in imports and exports. In the first 8 months, the import and export of private enterprises reached 14.33 trillion yuan, an increase of 6%, accounting for 52.9% of China's total foreign trade value, an increase of 3 percentage points compared to the same period last year. Among them, exports reached 9.74 trillion yuan, an increase of 6.3%, accounting for 63% of the total export value; Imports reached 4.59 trillion yuan, an increase of 5.3%, accounting for 39.5% of the total import value. The import and export of state-owned enterprises reached 4.4 trillion yuan, an increase of 0.3%, accounting for 16.2% of China's total foreign trade value. Among them, exports reached 1.25 trillion yuan, an increase of 1.4%; Imports amounted to 3.15 trillion yuan, a decrease of 0.2%. During the same period, the import and export of foreign-invested enterprises reached 8.28 trillion yuan, a decrease of 9.6%, accounting for 30.6% of China's total foreign trade value. Among them, exports amounted to 4.46 trillion yuan, a decrease of 9.8%; Imports reached 3.82 trillion yuan, a decrease of 9.3%.

The proportion of electromechanical product exports is nearly 60%, with strong growth in automobile exports. In the first 8 months, China's export of mechanical and electrical products reached 8.97 trillion yuan, an increase of 3.6%, accounting for 58% of the total export value. Among them, automatic data processing equipment and its components amounted to 849.27 billion yuan, a decrease of 19%; Mobile phones amounted to 513.5 billion yuan, a decrease of 7.5%; Automobiles amounted to 442.7 billion yuan, an increase of 104.4%. During the same period, the export of labor secret products reached 2.71 trillion yuan, a decrease of 2.4%, accounting for 17.5%. Among them, clothing and accessories amounted to 745.28 billion yuan, a decrease of 2.9%; Plastic products reached 461.2 billion yuan, an increase of 1.4%.

The import volume of major commodities such as iron ore, crude oil, coal, natural gas, and soybeans has increased while prices have decreased. In the first 8 months, China imported 776 million tons of iron ore sand, an increase of 7.4%, with an average import price of 783.6 yuan per ton, a decrease of 3.6%; 379 million tons of crude oil, an increase of 14.7%, at 4005.7 yuan per ton, a decrease of 16.8%; 306 million tons of coal, an increase of 82%, at 812.5 yuan per ton, a decrease of 20.8%; 77.707 million tons of natural gas, an increase of 9.4%, at 3762.1 yuan per ton, a decrease of 3.3%; Soybeans reached 71.654 million tons, an increase of 17.9%, with a price of 42886 yuan per ton, a decrease of 1.5%; 30.55 million tons of refined oil increased by 100.1%, with a price of 3977.4 yuan per ton, a decrease of 25.5%. During the same period, imported mechanical and electrical products amounted to 4.09 trillion yuan, a decrease of 9.9%.