my country’s quarterly total import and export value was trillion yuan, a year-on-year increase of .%
According to customs statistics, the total import and export value of my country’s goods trade in the first quarter of 2017 was 6.2 trillion yuan, an increase of 21.8% compared with the same period in 2016 (the same below). Among them, exports were 3.33 trillion yuan, an increase of 14.8%; imports were 2.87 trillion yuan, an increase of 31.1%; the trade surplus was 454.94 billion yuan, narrowing by 35.7%. The specific situation mainly includes the following aspects:
1. General trade import and export increased, and the proportion increased. In the first quarter, my country’s general trade import and export reached 3.49 trillion yuan, an increase of 23.2%, accounting for 56.2% of my country’s total import and export value, 0.6 percentage points higher than the same period in 2016, and the structure of trade methods has been optimized.
2. Import and export growth to some countries along the Belt and Road. In the first quarter, my country’s imports and exports to Russia, Pakistan, Poland, Kazakhstan, India and other countries increased by 37%, 18.7%, 19%, 69.3% and 27.7% respectively. During the same period, my country’s import and export to the EU increased by 16.9%, the import and export to the United States increased by 21.3%, and the import and export to ASEAN increased by 25%. The three together accounted for 41.4% of my country’s total import and export value.
3. The proportion of private enterprises in import and export has increased. In the first quarter, the import and export of my country’s private enterprises was 2.28 trillion yuan, an increase of 22.5%, accounting for 36.8% of my country’s total foreign trade value, an increase of 0.2 percentage points from the same period last year. Among them, exports were 1.49 trillion yuan, an increase of 17%, accounting for 44.9% of the total export value, continuing to maintain the top position in export share; imports were 788.4 billion yuan, an increase of 34.7%.
4. Mechanical and electrical products and traditional labor-intensive products are still the main export forces. In the first quarter, my country’s exports of mechanical and electrical products were 1.93 trillion yuan, an increase of 15.1%, accounting for 58.1% of my country’s total export value. Among them, the export of mobile phones increased by 21.1%, and the export of automatic data processing equipment increased by 12.5%. During the same period, the total export of traditional labor-intensive products was 654.7 billion yuan, an increase of 10.5%, accounting for 19.7% of the total export value.
5. The import volume and price of bulk commodities such as iron ore and crude oil have increased. In the first quarter, my country imported 271 million tons of iron ore, an increase of 12.2%; 105 million tons of crude oil, an increase of 15%; 19.52 million tons of soybeans, an increase of 20%; 15.03 million tons of natural gas, an increase of 4.3%; and 1.15 million tons of copper, a decrease of 19.9%. ; Refined oil products were 7.68 million tons, a decrease of 0.6%. During the same period, my country’s import prices overall increased by 13.5%. Among them, the average import price of iron ore increased by 80.5%, crude oil increased by 64.7%, refined oil increased by 47%, copper increased by 31.3%, and soybeans increased by 20.6%.
China’s foreign trade export leading index remained unchanged month-on-month in June and March. China’s foreign trade export leading index in March was 40.2, ending the four consecutive months of rising month-on-month trends and remaining the same as last month. Among them, according to online questionnaire data, my country’s export managers’ index rose by 2.2 to 43.8 that month; the new export orders index, manager confidence index, and enterprise comprehensive cost index rose by 2.2, 3, and 0.4 to 46.4, 50.9, and 22 respectively.
Generally speaking, in the first quarter, my country’s import and export continued the stabilizing and improving trend since the second half of last year, with more positive changes. However, the situation in the first quarter cannot represent the whole year. On the one hand, my country’s foreign trade situation is still severe and complex, with many unstable and uncertain factors. The difficulties we face are not short-term; on the other hand, there are still many favorable conditions for the development of foreign trade, which is improving. The fundamentals have not changed. In this regard, the customs will thoroughly implement the spirit of the Central Economic Work Conference and the decision-making and deployment of the government work report, adhere to the general work tone of seeking progress while maintaining stability, focus on building a new open economic system, and solidly promote the implementation of policies and measures to stabilize foreign trade growth. Promote foreign trade to continue to stabilize and improve. In the first quarter, my country’s total import and export value was 6.2 trillion yuan, a year-on-year increase of 21.8%
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