Main Features Of Foreign Trade In 1-11 Months

The Ministry of Commerce held a regular press conference on December 17th.

At the meeting, the spokesman Shen Danyang pointed out that according to customs statistics, in 2015 1-11, China's imports and exports were 3 trillion and 565 billion 530 million US dollars, down 8.5% from the same period last year, of which 2 trillion and 52 billion 320 million US dollars were exported, down 3% from the same period last year and 1 trillion and 513 billion 210 million US dollars, down 15.1% from the same period last year.

In the month of November, China's imports and exports decreased by 7.6% from 340 billion 390 million US dollars, of which exports were US $1972.4, down 6.8%, and imports 143 billion 140 million US dollars, down 8.7%.

 

First, from the perspective of trade, general trade exports have maintained growth, accounting for an increase.

In the 1-11 months, the general trade exported 10999 billion US dollars, an increase of 1.1%, accounting for 53.6% of foreign trade, an increase of 2.2 percentage points compared with the same period last year; processing trade exports 720 billion 100 million US dollars, a decrease of 9.7%, accounting for 35.1% of foreign trade exports, a decrease of 2.6 percentage points over the same period last year.

Two, from the perspective of the main products, the export of mechanical and electrical products keeps growing, and the export of labor-intensive products decreases.

In the 1-11 month, the export of mechanical and electrical products was 11815 billion US dollars, up 0.2% from the same period last year, accounting for 57.6% of foreign trade export and 1.8 percentage points higher.

Among them, exports of mobile phones, ships, lamps and lanterns increased by 11.7%, 12.6% and 14.9% respectively.

Seven categories of labor-intensive products exported 426 billion 760 million US dollars, down 3.3% compared with the same period last year.

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They decreased by 2.6%, 7.7% and 5.4% respectively.

Three, from the perspective of business entities, the export of private enterprises is growing.

In 1-11 months, private enterprises exported 921 billion 600 million US dollars, an increase of 1.2% over the same period last year, accounting for 44.9% of foreign trade, 1.8 percentage points higher than the same period last year, and 911 billion 200 million US dollar exports from foreign-funded enterprises, down 6.2% compared with the same period last year, and the state-owned enterprises exported 219 billion 500 million US dollars, down by 5.7% over the same period last year.

Four, imports are still at a low level due to factors such as falling commodity prices and weakening domestic demand.

In the 1-11 month, the import volume of 11 types of bulk commodities, such as crude oil, iron ore, plastic, soya bean, refined oil, natural gas, pulp, grain and copper concentrates increased, and the total amount of imports decreased by about 182000000000 US dollars (equivalent to RMB 1 trillion and 150 billion yuan).

Five, from the international comparison, China's export situation is still better than that of the world's major economies and emerging market countries.

According to WTO monthly statistics, the export volume of global merchandise trade decreased by 11.1% in 1-9 months, and the exports of the US, EU, Japan, Korea, India, South Africa and Brazil decreased by 6.2%, 12.8%, 9.2%, 6.6%, 16.6%, 7.9% and 16.8% respectively.

My share of the international market increased from 12.4% at the end of 2014 to about 13%.

We will continue to maintain the status of the world's largest trading power.