The Characteristics Of The Import And Export Of Our Shoes And Garments In The First 10 Months

Foreword: in the first 10 months, China's mechanical and electrical products exported 6 trillion and 580 billion yuan, an increase of 1.4%, accounting for 57.4% of the total export value.

Among them, electrical and electronic products exports 2 trillion and 940 billion yuan, an increase of 5%; machinery and equipment 1 trillion and 850 billion yuan, down 7.2%.

In the same period,

Exports were 888 billion 650 million yuan, down 7%;

562 billion 200 million yuan, down 1.4%;

274 billion 750 million yuan, down 4.7%...

According to customs statistics, in the first 10 months of this year, the total value of China's imports and exports was 19 trillion and 930 billion yuan [1], down 8.1% from the same period last year.

Among them, exports of 11 trillion and 460 billion yuan, down 2%; imports 8 trillion and 470 billion yuan, down 15.2%; trade surplus of 2 trillion and 990 billion yuan, 75.3% expansion.

In October, China's import and export value was 2 trillion and 60 billion yuan, down 9%.

Among them, exports of 1 trillion and 230 billion yuan, down 3.6%; imports 833 billion 140 million yuan, down 16%; trade surplus of 393 billion 220 million yuan, 40.2% expansion.

In the first 10 months, China's imports and exports mainly presented the following characteristics:

1. The growth of general trade exports and imports and exports have increased.

In the first 10 months, China's general trade imports and exports were 10 trillion and 870 billion yuan, down 7.3%, accounting for 54.6% of our total foreign trade value, up 0.5 percentage points from the same period last year.

Of which, exports amounted to 6 trillion and 170 billion yuan, an increase of 2.3%, accounting for 53.8% of the total export value; imports of 4 trillion and 700 billion yuan, down 17.4%, accounting for 55.5% of the total value of imports; under general trade terms, the surplus was 1 trillion and 470 billion yuan, expanding 3.3 times.

Over the same period, China's processing trade imports and exports reached 6 trillion and 260 billion yuan, down 10.6%, accounting for 31.4% of our total foreign trade value, down 0.9 percentage points from the same period last year.

Of which, exports were 4 trillion and 10 billion yuan, down 8.5%, accounting for 35% of the total value of exports; imports 2 trillion and 250 billion yuan, down 14.2%, accounting for 26.5% of the total value of imports; the surplus of processing trade was 1 trillion and 760 billion yuan, which was basically unchanged from the same period last year.

In addition, China imported and exported 2 trillion and 140 billion yuan in customs special supervision, a decrease of 7.6%, accounting for 10.8% of our total foreign trade.

Of which, exports were 770 billion 390 million yuan, down 6.7%, accounting for 6.7% of the total value of exports, and imports of 1 trillion and 370 billion yuan, down 8.2%, accounting for 16.2% of the total value of imports.

Two, exports to the US and ASEAN have maintained growth, exports to the EU and Japan have declined, and imports from major trading partners have declined.

In the first 10 months, the EU is China's largest trading partner, with a total trade value of 2 trillion and 870 billion yuan, down 7.9%, accounting for 14.4% of our total foreign trade.

Among them, I exported 1 trillion and 800 billion yuan to the European Union, a decrease of 3.7%; from the EU's import of 1 trillion and 70 billion yuan, it dropped by 14.2%; the trade surplus with Europe reached 735 billion 530 million yuan, expanding 17.1%.

The United States is the second largest trading partner of China. The total trade volume between China and the United States is 2 trillion and 850 billion yuan, an increase of 2.4%, accounting for 14.3% of the total value of our foreign trade.

Among them, I exported 2 trillion and 100 billion yuan to the United States, an increase of 5.8%; from the United States to 749 billion 870 million yuan, a decrease of 6%; the trade surplus with the United States was 1 trillion and 350 billion yuan, expanding 13.7%.

In the first 10 months, ASEAN was the third largest trading partner of China, and the total trade volume with ASEAN was 2 trillion and 340 billion yuan, a decrease of 2.4%, accounting for 11.7% of the total value of our foreign trade.

Among them, I exported 1 trillion and 390 billion yuan to ASEAN, an increase of 4.2%; imports from ASEAN 946 billion 930 million yuan, a decrease of 10.8%; and ASEAN trade surplus of 446 billion 840 million yuan, an expansion of 61.9%.

Japan is the fifth largest trading partner of China. The total trade value of China and Japan is 1 trillion and 420 billion yuan, down 10.7%, accounting for 7.1% of our total foreign trade.

Among them, exports to Japan amounted to 691 billion 520 million yuan, down by 9%; from Japan to 728 billion 320 million yuan, down by 12.3%; the trade deficit with Japan was 36 billion 800 million yuan, narrowing 47.8%.

In the first 10 months, the total trade value of Hong Kong and Hong Kong was 1 trillion and 610 billion yuan, down 11.6%, accounting for 8.1% of the total value of the mainland's foreign trade.

Among them, exports to Hong Kong were 1 trillion and 550 billion yuan, down 11.7%; imports from Hong Kong were 53 billion 530 million yuan, down 10%; trade surplus with Hong Kong was 1 trillion and 500 billion yuan, narrowing 11.8% (Table 1).

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Three, the proportion of imports and exports of private enterprises has increased and export growth has increased.

In the first 10 months, the import and export of private enterprises was 7 trillion and 280 billion yuan, down 2.8%, accounting for 36.5% of the total value of our foreign trade, up 2 percentage points from the same period last year.

Among them, exports amounted to 5 trillion and 130 billion yuan, an increase of 2%, accounting for 44.8% of the total value of exports, and imports of 2 trillion and 150 billion yuan, down 12.6%, accounting for 25.4% of the total value of imports.

Over the same period, foreign investment enterprises imported and exported 9 trillion and 320 billion yuan, down 6.4%, accounting for 46.8% of our total foreign trade.

Among them, exports were 5 trillion and 100 billion yuan, down 4.8%, accounting for 44.5% of total exports; imports 4 trillion and 220 billion yuan, down 8.3%, accounting for 49.9% of the total value of imports.

In addition, the import and export volume of state-owned enterprises was 3 trillion and 330 billion yuan, down 13.2%, accounting for 16.7% of the total value of our foreign trade.

Among them, exports were 1 trillion and 230 billion yuan, down 4.8%, accounting for 10.8% of total exports; imports 2 trillion and 100 billion yuan, down 17.5%, accounting for 24.7% of the total value of imports.

Four, Guangdong, Jiangsu and other major provinces and cities export and import performance is better than the overall, Guangdong, Zhejiang, Henan and other places export growth.

In the first 10 months, the total value of Guangdong's imports and exports continued to rank first in the country, 5 trillion and 30 billion yuan, 5.2%, accounting for 25.2% of imports and exports; Jiangsu, Shanghai, Zhejiang and Fujian were 2 trillion and 790 billion, 2 trillion and 300 billion, 1 trillion and 770 billion and 873 billion 290 million yuan respectively, decreasing by 3.3%, 2.4%, 2.2% and 2.2% respectively; the total import and export value of the above-mentioned provinces and cities decreased slightly from the overall decline in China's imports and exports during the same period.

Over the same period, the total value of imports and exports in Beijing (including central Beijing units) was 1 trillion and 640 billion yuan, a decrease of 23.6%, while Shandong was 1 trillion and 200 billion yuan, a decrease of 15.2%.

The total import and export value of the 7 provinces and cities accounted for 78.3% of the total value of imports and exports, 0.8 percentage points higher than that of the same period last year.

From the point of view of exports, Guangdong exported 3 trillion and 180 billion yuan in the first 10 months, an increase of 0.4%; Jiangsu exported 1 trillion and 730 billion yuan, a decrease of 0.7%; Zhejiang 1 trillion and 410 billion yuan, an increase of 1.5%; Shanghai 1 trillion and 10 billion yuan, a decrease of 4.7%; Shandong 707 billion 80 million yuan, a decrease of 2.4%; Fujian 707 billion 80 million yuan, an increase of 707 billion 80 million; Beijing yuan yuan, a decline.

In the same period, Henan's exports increased by 17.9%.

Five, the export of mechanical and electrical products has increased, and traditional labor intensive products such as textiles and garments have declined.

In the first 10 months, China's mechanical and electrical products exported 6 trillion and 580 billion yuan, an increase of 1.4%, accounting for 57.4% of the total value of exports.

Among them, electrical and electronic products exports 2 trillion and 940 billion yuan, an increase of 5%; machinery and equipment 1 trillion and 850 billion yuan, down 7.2%.

In the same period, clothing exports were 888 billion 650 million yuan, down 7%; textiles 562 billion 200 million yuan, down 1.4%; footwear 274 billion 750 million yuan, 4.7%; furniture 264 billion 240 million yuan, 3.4% growth; plastic products 190 billion 30 million yuan, 2% 2%; bag and luggage 143 billion 580 million yuan, growth 143 billion 580 million; toy yuan yuan, growth;

In addition, fertilizer exports increased by 28 million 133 thousand tons, an increase of 28.1%; steel products increased by 92 million 135 thousand tons, an increase of 24.7%; 618 thousand vehicles, and a decrease of 16.9% (Table 2).

Six, the import volume of major commodities such as crude oil, grain and refined oil increased, and the imports of iron ore, coal and steel decreased, and the prices of major imported commodities generally declined.

China's imports of iron ore 7.75 million tons, reduced by 0.5%, the average import price of 382.2 yuan per ton, down 40.6%; crude oil 2.75 million tons, an increase of 8.9%, the average import price of 2564.2 tons per ton, reduced 45.8%; the average import price of imports was 1.7 yuan per ton; the average import price of oil was 1.7 tons; the average import price per ton was increased; the average import price was at RMB per ton; the average import price of plastic ton ton increased, the average import price per ton was RMB yuan, and the average import price per ton was reduced. In the first 10 months,

In addition, imports of 1.03 million tons of food increased by 27.4%, of which 65 million 179 thousand tons of soybeans increased by 14.7%, the average import price was 2678.7 yuan per ton, down 25.1%.

Mechanical and electrical products imported 4 trillion and 40 billion yuan, down 5.9%, of which 904 thousand vehicles, 23.7% reduction (Table 3).

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Seven, the leading index of China's foreign trade is declining.

In October, the leading index of China's foreign trade was 32.8, down 1.2 from September.

According to the survey data, China's export managers' index, new export orders index and export managers' confidence index were 32.5, 30.8 and 36.9 respectively in the same month. They fell by 1.2, 1.9 and 1 respectively compared with September, and the total cost index of export enterprises was 28.9, up 0.4. compared with September.

Related news:

In October, China's import and export decreased but the technological content of export products increased.

On the occasion of China's ushered in "solar winter", the Customs General Administration released data on the 8 day, showing that the "cold" and bright spot of foreign trade import and export coexist.

The General Administration of Customs released data on 8 days. In October, the total value of China's imports and exports was 2 trillion and 60 billion yuan, down 9% from the same period last year.

Among them, exports were 1 trillion and 230 billion yuan and imports were 833 billion 140 million yuan, down by 3.6% and 16% respectively.

The trade surplus reached 393 billion 220 million yuan in the month and expanded by 40.2%.

The industry believes that weak external demand is still the main reason for the low foreign trade.

The reason for the decline in exports is related to the pformation and upgrading of foreign trade.

In addition to unfavorable external factors, the export decline is also related to China's foreign trade entering the pformation and upgrading period.

According to Bai Ming, deputy director of the international market research department of the Ministry of Commerce, the traditional advantages of "made in China" are obviously weakened under the dual pressure of rising domestic comprehensive cost and catching up with neighboring emerging economies, and the new international competitiveness has not yet been fully formed.

In his view, this is particularly reflected in the slowdown in the export growth of labour intensive products in China and the decline in market share in Europe and the United States.

Data show that in the first 10 months of this year, exports of clothing, textiles, footwear, furniture, plastic products, bags and toys in 7 categories of labor-intensive products decreased by 2.5% compared with the same period last year.

In terms of imports, Liu Xuezhi, a researcher at the bank's financial research center, said that the sharp decline in international commodity prices, the low export of processing trade, and the weakening of traditional import demand caused by the deep adjustment of domestic economic structure made imports continue to run low in October.

Forecasts for the four quarter, weak external demand and sluggish domestic demand will affect foreign trade growth.

The fourth quarter is the traditional peak season of China's foreign trade. What is the future trend of import and export? "The fourth quarter is facing severe foreign trade situation, weak external demand, sluggish domestic demand and low commodity prices continue to affect China's foreign trade growth."

A report issued recently by the Ministry of Commerce has made such a judgement.

Industry experts analyzed that the current situation of insufficient global demand has not improved significantly.

WTO has downgraded the expected growth rate of Global trade. It is expected that global trade will increase by only 2.8% and 3.9%, respectively this year and next year, and will not exclude the possibility of continuing downregulation.

Nevertheless, some bright spots in China's foreign trade development can not be ignored: the technological content of export products is continuously improving, the equipment manufacturing industry has become a new growth hotspot, and new business models of cross-border e-commerce and other foreign trade have been developing vigorously.