General Administration of Customs: June Import and Export value drop 17.7% quarter-on-quarter growth

Xinhua Beijing, July 10, the General administration of customs 10th released this June China's foreign trade import and export situation. According to customs statistics, the month of June, China's import and export value of 182.57 billion U.S. dollars, compared with the same period last year (same) fell 17.7%, the chain growth of 11.2%, of which exports 95.41 billion U.S. dollars, the year-on-year decline of 21.4%, the chain growth of 7.5%;　　The chain grew 15.6%.　　Customs statistics show that the month of June import and export, exports, imports year-on-year decline in the first 5 months of this year, the cumulative year-on-year decline of 7%, 0.5% and 14.8% respectively. Thus, the first half of this year, China's import and export value of 946.12 billion U.S. dollars, down 23.5%. Exports of 521.53 billion U.S. dollars, down 21.8%, import 424.59 billion U.S. dollars, down 25.4%.　　The cumulative trade surplus of 96.94 billion U.S. dollars, down 1.3%, a net reduction of 1.3 billion U.S. dollars. Bilateral trade with major trading partners, the first half of this year, the EU as our largest trading partner, China-EU bilateral trade value of 159.97 billion U.S. dollars, down 20.9% per cent, the United States as the second largest trading partner, Sino-U.S. bilateral trade value of 132.09 billion U.S. dollars, year-on-year decline of 16.6% Japan as the third largest trading partner, the total value of bilateral trade between China and Japan is 99.73 billion U.S. dollars, down 23.1% year-on-year.　　I and ASEAN import and export value of 88.06 billion U.S. dollars, down 23.8%, the mainland and Hong Kong import and export value of 73.47 billion U.S. dollars, down 24.3%; with India's import and export value of 19.63 billion U.S. dollars, down 32.3%. From the export commodities, the first half of this year has a noteworthy phenomenon, China's main labor-intensive products exports year-on-year decline is less than the overall decline of 21.8% level. Among them, apparel and clothing accessories exports 45.86 billion U.S. dollars, down 8.5%; footwear exports 12.91 billion U.S. dollars, down 4.3%, furniture exports 11.76 billion U.S. dollars, down 9.8%; plastic products export 6.57 billion U.S. dollars, down 7.1%; luggage exports 5.89 billion U.S. dollars, down 7%. Over the same period, China's mechanical and electrical products exports 306.67 billion U.S. dollars, down 21.2% year-on-year.　　Among them, electrical and electronic products exports 124.3 billion U.S. dollars, down 22.7%; machinery equipment exports 103.88 billion U.S. dollars, down 18.9%. In imports, the first half of this year, China imports 116.77 billion U.S. dollars in primary products, down 37.1% year-on-year. Among them, iron ore imports 300 million tons, grew 29.3%, the import average price per ton 76.2 dollars, fell 44.6%, crude oil imports 90.77 million tons of imports, slightly increased 0.3%, the import average price per ton 344.9 U.S. dollars, down 52.1%; soybean imports 22.09 million tons, growth 28.2%, The average import price was $411.8 per ton, down 29.6%. Over the same period, imports of industrial products 307.82 billion U.S. dollars, a year-on-year decline of 19.7%.Among them, mechanical and electrical products imports 208.23 billion U.S. dollars, down 21.4%, chemical products and related imports of 49.32 billion U.S. dollars, down 19.2%, 145,000 vehicles imported, down 31.4%, steel imports 8.13 million tons, down 1.8%.