Foreign Trade Import and Export Situation and Main Characteristics of Our Country in the First 8 Months

I.import and exportOverall situation

The total value of Chinas imports and exports in the first 8 months decreased slightly by 0.1%.
Exports increased by 0.8%, while imports decreased by 1.3%.
Trade surplus expanded by 7.3%.

II. Import and export data for August

Overall year-on-year decrease of 2.5%, month-on-month increase of 3.9%.
Exports decreased by 3.2% year-on-year.
Imports decreased by 1.6% year-on-year.

III. Main characteristics of Chinas imports and exports

Growth in general trade imports and exports: Total value of 17.72 trillion yuan, up 1.7%.
Decline in processing trade imports and exports: Total value of 4.85 trillion yuan, down 11.3%.
3. Trade situation with major trading partners: -ASEAN: Growth1.6%, with total trade value of 4.11 trillion yuan. -EU: Decline1.5%, with total trade value of 3.68 trillion yuan. -US: Decline8.7%, with total trade value of 3.05 trillion yuan. -Japan: Decline6.8%, total trade value of 1.45 trillion yuan.

IV. Import and export performance by enterprise type

Private enterprises: Total import-export value of 14.33 trillion yuan, up 6%.
State-owned enterprises: Total import-export value of 4.4 trillion yuan, up 0.3%.
Foreign-funded enterprises: Total import-export value of 8.28 trillion yuan, down 9.6%.

V. Import and export performance by commodity type

Mechanical and electrical products: Exports of 8.97 trillion yuan, up 3.6%.
Labor-intensive products: Exports of 2.71 trillion yuan, down 2.4%.
Major bulk commodities: Increased import volumes of iron ore, crude oil, coal, natural gas, and soybeans, but prices generally declined.

In summary, Chinas import and export trade faces a complex and changing situation, with both growth highlights and challenges that need attention. We hope China can maintain stability and growth in the future trade environment.