In January, China’s exports fell by 6.6%, and imports fell by 14.4%.

Abstract The General Administration of Customs announced today the import and export of China's foreign trade in January 2016. According to customs statistics, in January 2016, China’s total import and export value was 1.88 trillion yuan, down 9.8% from the same period last year. Among them, exports 1.14 trillion yuan, down...
The General Administration of Customs today announced the import and export of China's foreign trade in January 2016. According to customs statistics, in January 2016, China’s total import and export value was 1.88 trillion yuan, down 9.8% from the same period last year. Among them, exports were 1.14 trillion yuan, down 6.6%; imports were 737.54 billion yuan, down 14.4%; trade surplus was 406.2 billion yuan, up 12.2%.

In January, China's foreign trade import and export mainly showed the following characteristics:
First, the proportion of general trade import and export has increased. In January, China's general trade import and export was 1.08 trillion yuan, down 9%, accounting for 57.4% of China's total foreign trade, an increase of 0.5 percentage points over the same period last year. Of which, exports were 667.48 billion yuan, down 2.7%, accounting for 58.4% of total exports; imports were 41.11 billion yuan, down 17.5%, accounting for 56% of total imports; and trade surplus was 254.37 billion yuan, up 37.3%. In the same period, China's import and export of processing trade was 533.84 billion yuan, down 14.5%, accounting for 28.4% of China's total foreign trade, down 1.6 percentage points over the same period last year. Of which, exports were 34.43 billion yuan, down 14.3%, accounting for 30.2% of total exports; imports were 188.41 billion yuan, down 14.9%, accounting for 25.5% of total imports; processing trade was surplus of 157.02 billion yuan, down 13.6%.
In addition, China's import and export by special customs supervision method was 188.2 billion yuan, down 4.1%, accounting for 10% of my total foreign trade. Of this total, exports were 72.8 billion yuan, down 4.3%, accounting for 6.4% of total exports; imports were 115.4 billion yuan, down 4%, accounting for 15.6% of total imports.
Second, the import and export of markets such as Europe, the United States, Japan and ASEAN declined. In January, the EU was China's largest trading partner. The total trade value of China and the EU was 290.33 billion yuan, down 9.9%, accounting for 15.4% of China's total foreign trade. Among them, I exported 191.51 billion yuan to the EU, down 7.4%; 98.82 billion yuan from the EU, down 14.3%; trade surplus with Europe was 92.69 billion yuan, an increase of 1.3%. The United States is China's second largest trading partner. The total trade value between China and the United States is 269.89 billion yuan, down 9.9%, accounting for 14.3% of China's total foreign trade. Among them, my exports to the United States were 204.92 billion yuan, down 5%; imports from the United States were 64.97 billion yuan, down 22.6%; trade surplus with the United States was 139.95 billion yuan, an increase of 6.2%.
In January, ASEAN was China's third largest trading partner. The total trade value with ASEAN was 234.25 billion yuan, down 10.8%, accounting for 12.5% ​​of China's total foreign trade. Among them, I exported 145.09 billion yuan to ASEAN, down 13.5%; imported 86.16 billion yuan from ASEAN, down 5.9%; trade surplus with ASEAN was 55.93 billion yuan, narrowing 23.4%. Japan is China's fifth largest trading partner. The total value of Sino-Japanese trade is 131.54 billion yuan, down 6%, accounting for 7% of China's total foreign trade. Among them, exports to Japan were 72.32 billion yuan, down 0.5%; imports from Japan were 59.22 billion yuan, down 11.9%; trade surplus with Japan was 13.1 billion yuan, an increase of 1.4 times.
Third, the proportion of import and export of private enterprises has increased, and imports and exports have increased. In January, the import and export of private enterprises reached 773.05 billion yuan, an increase of 1.1%, accounting for 41.1% of the total value of foreign trade, an increase of 4.4 percentage points over the same period last year. Among them, exports were 57.6 billion yuan, up 1%, accounting for 49.6% of total exports; imports were 205.45 billion yuan, up 1.2%, accounting for 27.9% of total imports. In the same period, the import and export of foreign-invested enterprises was 811.45 billion yuan, a decrease of 14.3%, accounting for 43.1% of the total value of foreign trade. Among them, exports were 457.93 billion yuan, down 12.3%, accounting for 40% of the total value of exports; imports were 353.52 billion yuan, down 16.8%, accounting for 47.9% of the total value of imports.
In addition, the import and export of state-owned enterprises was 287.11 billion yuan, a decrease of 21.9%, accounting for 15.3% of the total value of foreign trade. Among them, exports were 117.82 billion yuan, down 15.7%, accounting for 10.3% of total exports; imports were 169.29 billion yuan, down 25.7%, accounting for 23% of total imports.
Fourth, the import and export performance of major provinces and cities such as Guangdong and Jiangsu is better than the overall. In January, the total value of Guangdong's import and export continued to rank first in the country, at 462.79 billion yuan, down 4.5%, accounting for 24.6% of the total value of imports and exports; Jiangsu, Shanghai, Zhejiang, Shandong and Fujian import and export value was 263.09 billion respectively. 219.41 billion, 180.98 billion, 110.51 billion and 91.55 billion yuan, down 5.7%, 6.1%, 5.7%, 8% and 0.8% respectively; the total value of imports and exports of the above six provinces and cities was lower than the overall decline in China's imports and exports during the same period. In the same period, the total value of imports and exports of Beijing (including the central government in Beijing) was 130.2 billion yuan, a decrease of 28.5%. The total import and export value of the above seven provinces and cities accounted for 77.5% of the total value of China's import and export, an increase of 1.6 percentage points over the previous year.
From the export point of view, in January, Guangdong's exports were 309.02 billion yuan, up 0.6%; Jiangsu's exports were 167.93 billion yuan, down 3.4%; Zhejiang 147.96 billion yuan, down 4.3%; Shanghai 102.63 billion yuan, down 5.2%; Shandong 65.71 billion Yuan, down 9%; Fujian 64.88 billion yuan, up 1.7%; Beijing 25.62 billion yuan, down 14.7%.
5. Exports of traditional labor-intensive products such as mechanical and electrical products, textiles and clothing declined. In January, China's exports of mechanical and electrical products reached 632.75 billion yuan, down 6.8%, accounting for 55.3% of the total value of exports. Among them, the export of electrical and electronic products was 280 billion yuan, down 1.1%; the mechanical equipment was 175.21 billion yuan, down 9.3%. In the same period, clothing exports were 94.67 billion yuan, down 2.2%; textiles 60.93 billion yuan, up 2.5%; footwear 32.35 billion yuan, down 7.2%; furniture 33.02 billion yuan, down 5.2%; plastic products 21.67 billion yuan, up 1.2%; The luggage was 15.92 billion yuan, up 0.9%; the toy was 7.95 billion yuan, up 17.6%; the total exports of the above 7 categories of labor-intensive products totaled 266.51 billion yuan, down 1.3%, accounting for 23.3% of the total export value. In addition, the export of fertilizers was 2.489 million tons, a decrease of 9.9%; the steel products were 9.74 million tons, a decrease of 5.3%; and the number of automobiles was 43,000, a decrease of 39.4%.
6. Imports of major commodities such as iron ore and refined oil increased, while imports of crude oil, coal and grain decreased, and prices of major imported commodities generally fell. In January, China imported 8.291 million tons of iron ore, an increase of 4.6%, the average import price was 294.5 yuan per ton, down 32.4%; crude oil was 26.691 million tons, a decrease of 4.6%, the average import price was 1819.4 yuan per ton, down 36.4% Coal 15.229 million tons, a decrease of 9.2%, the average import price was 305.7 yuan per ton, down 26.5%; refined oil 2.659 million tons, an increase of 13.3%, the average import price was 2264.5 yuan per ton, down 29.7%; primary shape plastic 2.006 million tons, a decrease of 9.6%, the average import price was 10.2 million yuan per ton, down 7.9%; steel was 928,000 tons, a decrease of 19.6%; the average import price was 6781.9 yuan per ton, down 9.3%; unwrought copper and copper The material was 437,000 tons, an increase of 5.3%, and the average import price was 32,600 yuan per ton, down 19.6%.
7. The foreign trade export leading index rebounded from the previous month. In January, China’s foreign trade export leading index was 31.7, which was 0.5% higher than that in December last year. It was the first time since February 2015, and it was initially judged that China’s export pressure in the second quarter of 2016 is expected to ease. Among them, according to the network questionnaire data, in the month, China's export manager index was 33.4, up 0.7 from last month; the new export order index, export enterprise comprehensive cost index rose 1.6, 0.2 to 33.3, 29.9, respectively, manager confidence index Fall back 0.4 to 35.4.

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