In May, China's total import and export value increased by 0.5% year-on-year.

June 08, 2023

According to the latest data released by the General Administration of Customs on the 7th,，China's total import and export value in May 3.45 trillion yuan(RMB，Same as below)，Year-on-year growth of 0.5%，The growth rate was 8% higher than that in April.9%A sharp drop。Among，Exports fell 0. 5% year-on-year..8%，Imports grew by 2..3%。

If expressed in United States dollars，In May, China's total import and export value fell by 6% year-on-year.2%。

First 5 months，China's total import and export value 16.77 trillion yuan，Year-on-year growth of 4.7%。Among，Exports grew by 8.1%，Imports increased by 0.5%；Trade surplus 2.47 trillion yuan，Expand 38%。

Look at the area，China's relations with ASEAN in the first five months、EU imports and exports grow，To the United States、Japan is down。ASEAN continues to be China's largest trading partner，The total value of trade between China and ASEAN increased by 9.9%，Among them, China's exports to ASEAN increased by 16..4%。The EU is China's second largest trading partner.，The total value of trade between China and Europe increased by 3..6%。The United States is China's third largest trading partner.，The total value of trade between China and the United States fell by 5..5%，Among them, China's exports to the United States fell 8..5%。

The same period，China is right“The Belt and Road”Total import and export of countries along the route 5.78 trillion yuan，Growth 13.2%。

Look at the products，China's Auto Exports in the First 5 Months 2667.800 million yuan，Year-on-year growth of 124.1%。The export of automatic data Processing Equipment and its parts and components dropped by 18..1%，Mobile phone exports fell 6.4%。

On the import side，China Imports 1800 Oil Products in the First 5 Months.30,000 tons，Year-on-year increase of 78.8%；Imported coal 1.8.2 billion tons，Year-on-year increase of 89.6%。

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