On the morning of July 14, the State Council Information Office held a press conference. Li Kuiwen, spokesperson of the General Administration of Customs and Director of the Statistics and Analysis Department, discussed the first half of 2020. The import and export situation is introduced.
According to customs statistics, the total import and export value of my country’s goods trade in the first half of the year was 14.24 trillion yuan, a year-on-year decrease of 3.2%. Among them, exports fell by 3% and imports fell by 3.3%.
This is also expected. Global trade has been hit hard due to the impact of the new crown epidemic. It is unrealistic for exports to increase significantly at this time.
But beyond expectations, since April, monthly exports have achieved positive growth for three consecutive months!
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In April, exports increased by 8.2% year-on-year in RMB terms;
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May , exports increased by 1.4%;
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In June, exports increased by 4.3%.
In the second quarter, the export value reached 4.38 trillion yuan, a year-on-year increase of 4.5%, and exports of epidemic prevention materials and other products grew rapidly.
The total export volume of textiles and clothing increased by 3.16% year-on-year
In the first half of this year, the country’s total exports of textiles and clothing totaled US$125.19 billion. , a year-on-year growth of 3.16% (a year-on-year growth of 6.75% in RMB), and the industry’s overall exports have returned to positive growth. Among them, the cumulative exports of textiles from January to June were US$74.103 billion, a year-on-year increase of 27.81% (a year-on-year increase of 32.37% in RMB); the cumulative exports of clothing were US$51.08 billion, a year-on-year decrease of 19.39% (a year-on-year decrease of 16.67% in RMB).
In terms of trading partners: ASEAN performs well
In terms of trading partners, the most eye-catching performance is ASEAN. Thanks to the relatively good overall epidemic prevention and control situation in the region, economic and trade cooperation with China has continued to deepen in recent years, the industrial chain has become more closely integrated, and bilateral trade has Steadily growing, in the first half of this year, the import and export value between China and ASEAN reached 2.09 trillion yuan, accounting for 14.7% of China’s total foreign trade value, an increase of 1.2 percentage points from the same period last year.
In the first half of the year, ASEAN has replaced the EU and become my country’s largest trading partner.
Specifically:
In the first half of the year, my country’s exports to ASEAN increased by 3.4% year-on-year, with exports to Thailand growing the most, reaching 12.6%, and exports to ASEAN growing by 12.6%. Vietnam’s exports increased by 10.2%, and exports to Singapore increased by 9.7%; while exports to Indonesia and the Philippines decreased by 8.4% and 7.8% respectively year-on-year.
In the first half of the year, my country’s exports to the EU increased by 1.8% year-on-year, with exports to France having the highest growth rate, reaching 6.7%.
China’s exports to the United States decreased by 8.1% year-on-year. It is also worth noting that in the first half of the year, China’s exports to Hong Kong, China, decreased by 9.1% year-on-year, and exports to Taiwan, China, increased by 11.5%; exports to India plummeted by 23%, exports to South Africa fell by 17.4%, and exports to Australia increased by 6.7%.
D3 Foreign trade people, hold on!
Although the epidemic broke out in Xinfadi, Beijing, it was quickly brought under control. China’s control of the epidemic and economic recovery are better than other countries in the world. From the current point of view, the market has formed a consensus on the V-shaped reversal of the economy.
1,169 columns, another record high. In the first half of the year, 5.105 million tons of import and export goods were transported by China-Europe trains, a year-on-year increase of 30.9%.
At the same time, Southeast Asia, India, Mexico and other countries that have trade competition with China all experienced sharp declines in exports from April to May. Among them, the year-on-year decline in Mexico’s exports in May expanded by 16 percentage points to 56.7% compared with April, and the year-on-year declines in exports from the Philippines and India in April reached 50.8% and 60.3% respectively.
China’s stable economy and society, coupled with its complete industrial system and infrastructure, enable “Made in China” to retain huge competitiveness in the post-epidemic era.
Textile foreign trade people, hold on, when the epidemic subsides, the scenery here will be unique!
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