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2022

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04

The total value of imports and exports of goods trade in the first quarter increased by nearly 30% year-on-year


The General Administration of Customs released data on the 13th: In the first quarter of this year, the total value of my country's import and export of goods trade was 8.47 trillion yuan, an increase of 29.2% over the same period last year, of which exports were 4.61 trillion yuan, an increase of 38.7%; imports were 3.86 trillion yuan, an increase of 19.3% %. my country's coordinated epidemic prevention and control and economic and social development have continued to show results, and foreign trade imports and exports have achieved a "good start".

In the first quarter, my country's private enterprises imported and exported 3.95 trillion yuan, an increase of 42.7%, accounting for 46.7% of my country's total foreign trade value, an increase of 4.4 percentage points over the same period last year. During the same period, my country’s imports and exports to countries along the “Belt and Road” and RCEP trading partners increased by 21.4% and 22.9% respectively.

In the first quarter, my country exported 2.78 trillion yuan of mechanical and electrical products, an increase of 43%, accounting for 60.3% of the total export value, an increase of 1.7 percentage points over the same period last year. During the same period, my country's exports of anti-epidemic materials continued to grow, and exports of textiles including masks increased by 30.6%.

In terms of imports, my country's imports of major bulk commodities increased in the first quarter. Among them, imported iron ore was 283 million tons, an increase of 8%; crude oil was 139 million tons, an increase of 9.5%; natural gas was 29.388 million tons, an increase of 19.6%. During the same period, my country imported 21.178 million tons of soybeans, an increase of 19%; 6.727 million tons of corn, an increase of 437.8%; and 2.925 million tons of wheat, an increase of 131.2%.

According to customs statistics, in the first quarter of this year, the total import and export value of my country's trade in goods was 8.47 trillion yuan, an increase of 29.2% over the same period last year. In March, my country's imports and exports increased by 25% month-on-month, of which exports and imports increased by 16.8% and 35.2% month-on-month respectively.

Li Kuiwen, spokesperson of the General Administration of Customs and director of the Statistics and Analysis Department, said at a press conference of the State Council Information Office on the 13th that in the first quarter of this year, my country's foreign trade import and export achieved a "good start". Compared with the same period in 2018 and 2019, the total import and export value of my country's trade in goods in the first quarter of this year increased by 25.3% and 20.5% respectively, further confirming the positive trend of my country's foreign trade.