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China's Foreign Trade Up 22.7% Jan-Sept

发布时间:2021.10.14

China's Foreign Trade Up 22.7% Jan-Sept. For more information on export to China, please call SINOLOBEN, service Email: sinoloben@sloben.com.

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China's foreign trade in goods in the first three quarters of 2021 totaled 28.33 trillion yuan ($4.39 trillion), up by 22.7 percent year-on-year, the latest data from General Administration of Customs showed on Wednesday.


The politically sensitive trade surplus with the U.S. rose to $42 billion in September from nearly $38 billion in August, the report said.
 
Exports grew by 22.7 percent on a yearly basis to 15.55 trillion yuan and imports rose by 22.6 percent to 12.78 trillion yuan.
 
Compared with the same period in 2019, China's total foreign trade, exports, and imports during this time expanded by 23.4 percent, 24.5 percent, and 22 percent, respectively.
 
The import and export values of the first three quarters stood at 8.51 trillion yuan, 9.59 trillion yuan and 10.23 trillion yuan, respectively, registering year-on-year increases of 29.7 percent, 25.2 percent and 15.2 percent, respectively.
 
Southeast Asia was China’s biggest export market in September, reflecting expanding trade ties as countries lower tariffs and dismantle some barriers as part of regional trade agreements.
 
In terms of trade form, the proportion of general trade imports and exports has increased. In the first three quarters, China's general trade import and export was 17.51 trillion yuan, an increase of 25.6%, accounting for 61.8% of China's total foreign trade value, an increase of 1.4 percentage points over the same period last year; of which, exports were 9.47 trillion yuan, an increase of 25.5%; imports were 8.04 Trillion yuan, an increase of 25.7%.
 
The data released Wednesday showed strong growth in shipments of vehicles, mobile phones, consumer electronics, auto parts, labor-intensive products and medical supplies in January-September.
 

For further information about China's import and export, please contact:

Ms. Linda Li

0086(0)21 3538 3306

sinoloben@thecustoms.com.cn


As food importer & food distributor based in Frankfurt and Shanghai, Sinoloben Europa Trading GmbH helps client export to China and bring your food products to International Expo, e.g. China International Import Expo (CIIE), the world's largest import-themed expo.  Transferred from the network, such as intrusion and deletion.


            

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