China's import and export situation in the first two months of 2010
On the 10th, the General Administration of Customs released the import and export situation of China in the first two months of this year. According to customs statistics, from January to February, China’s total import and export value was 386.4 billion U.S. dollars, an increase of 44.8% over the same period last year. Of this total, exports were US$20.08 billion, up 31.4%; imports were US$182.32 billion, up 63.6%; trade surplus was US$21.76 billion, down 50.4%.
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According to customs statistics, the total value of China's imports and exports in February was US$181.43 billion, an increase of 45.2%. Of this total, exports were US$94.52 billion, an increase of 45.7%; imports were US$86.91 billion, an increase of 44.7%. Both the February and the same period of 2008 included the Spring Festival factor, which is somewhat comparable. Compared with February 2008 before the financial crisis, the total value of imports and exports in February this year increased by 9%; of which exports increased by 8.2% and imports increased by 9.8%.
According to customs statistics, China's general trade import and export from January to February was US$198.47 billion, an increase of 52.1%, which was 7.3 percentage points higher than the national import and export growth rate during the same period. Of this total, exports were US$95.83 billion, an increase of 34.2%; imports were US$102.64 billion, an increase of 73.5%. In the same period, China's import and export of processing trade was US$145.92 billion, an increase of 35.4%. Of this total, exports were 92.95 billion US dollars, up 26.9%; imports were 52.97 billion US dollars, an increase of 53.4%.
In bilateral trade with major trading partners, the bilateral trade between China and the EU in January-February was 65.53 billion US dollars, an increase of 34.5%. In the same period, the bilateral trade volume between China and the United States was US$49.32 billion, an increase of 25.1%. Benefiting from the official operation of the China-ASEAN Free Trade Area, bilateral trade between China and ASEAN has developed rapidly. The total value of bilateral trade between January and February reached US$39.12 billion, an increase of 66%. Among them, I exported 18.69 billion U.S. dollars to ASEAN, an increase of 52.9%; imports from ASEAN reached 20.43 billion U.S. dollars, an increase of 80.2%; trade deficit with ASEAN was 1.74 billion U.S. dollars, compared with a trade surplus of 890 million U.S. dollars in the same period of 2009. In addition, the total bilateral trade volume between January and February was US$37.97 billion, an increase of 33%. Among them, my exports to Japan were 16.15 billion US dollars, up 16.8%; imports from Japan were 21.82 billion US dollars, up 48.3%; the trade deficit with Japan was 5.67 billion US dollars, up 5.4 times.
Domestically, the total value of imports and exports of Guangdong Province from January to February was US$92.55 billion, an increase of 31%. In the same period, the import and export values ​​of Jiangsu, Shanghai and Beijing were 61.66 billion, 48.75 billion and 42.22 billion, respectively, up 54.3%, 40% and 70.1%. In addition, the import and export values ​​of Zhejiang, Shandong and Fujian provinces were 35.3 billion, 24.74 billion and 14.85 billion, respectively, up 50.6%, 46.7% and 49.1%. From the export point of view, from January to February, Guangdong's exports were 53.27 billion US dollars, an increase of 22.1%. Jiangsu and Shanghai exported 35.79 billion and 24.63 billion respectively, up 44.4% and 25.8% respectively. In addition, Zhejiang, Shandong, Fujian, and Beijing exported 25.18 billion, 13.44 billion, 9.92 billion, and 8.06 billion, respectively, up 45.1%, 30.2%, 42.7%, and 10.8%.
Among the export commodities, the export of mechanical and electrical products has grown rapidly, and the growth of traditional bulk commodity exports has been good. Customs statistics show that from January to February this year, China's exports of mechanical and electrical products reached US$119 billion, an increase of 32.2%, which was 0.8 percentage points higher than China's total export growth rate during the same period, accounting for 58.3% of China's total export value during the same period. Among them, the export of electrical and electronic products was US$46.05 billion, up 32.4%; the export of machinery and equipment was US$40.73 billion, up 29.4%. In the same period, traditional bulk commodity exports grew rapidly, with apparel exports reaching US$18.08 billion, up 23.8%; textile exports at US$10.16 billion, up 39.5%; and footwear exports at US$5.31 billion, up 23.6%.
Among the imported commodities, the import volume of major bulk commodities has increased to varying degrees, and the average import price has generally rebounded significantly. Customs statistics show that in the first two months of this year, iron ore imports were 96.07 million tons, up 21%, the average import price was 93 US dollars per ton, up 16.6%; soybean imports were 7.03 million tons, up 11.7%, and the average import price was The price was 462.6 US dollars, up 16.6%. In addition, imported mechanical and electrical products reached 81.97 billion US dollars, an increase of 45.8%, including 94,000 imported cars, an increase of 1.1 times.