Imports And Exports Of Goods In The First Quarter Decreased By 6.4% Compared With The Previous Year, And Imports Of US Cotton Increased By 43.5%.

According to the customs statistics, according to customs statistics, the total value of imports and exports of China's trade in goods in the first quarter was 6 trillion and 570 billion yuan, down 6.4% from the same period last year, according to Li Kuiwen. Among them, exports were 3 trillion and 330 billion yuan, down 11.4%; imports 3 trillion and 240 billion yuan, down 0.7%; trade surplus 98 billion 330 million yuan, 80.6% reduction. Specifically, it has the following six characteristics:

First, the import and export rebounded in the month of March. In March this year, China's foreign trade imports and exports 2 trillion and 450 billion yuan, a year-on-year decline of 0.8%, a decline of 1-2 percentage points narrowed by 8.7 percentage points. Of which, exports were 1 trillion and 290 billion yuan, down 3.5%; imports 1 trillion and 160 billion yuan, an increase of 2.4%.

Two, ASEAN has surpassed the European Union as China's largest trading partner. In the first quarter, China's imports and exports to ASEAN increased by 991 billion 340 million yuan, an increase of 6.1%, accounting for 15.1% of China's total foreign trade. ASEAN became the largest trading partner of China. It dropped 10.4% to the EU's import and export 875 billion 930 million yuan, reduced 18.3% to the US import and export 668 billion 10 million yuan, and reduced 8.1% to Japan's import and export 465 billion 680 million yuan. In addition, China's imports and exports of the countries along the belt and road have increased by 3.2% yuan, up 9.6 percentage points from the overall growth rate of 2 trillion and 70 billion.

Three, private enterprises import and export reduction is small, the proportion of upgrading. In the first quarter, the import and export of private enterprises was 2 trillion and 780 billion yuan, down 2%, accounting for 42.4% of China's total foreign trade, 1.9 percentage points higher than the same period last year. Among them, exports were 1 trillion and 710 billion yuan, down 7.3%, accounting for 51.4% of the total value of exports; imports 1 trillion and 70 billion yuan, an increase of 7.9%, accounting for 33.1% of the total value of imports. Foreign investment enterprises import and export 2 trillion and 600 billion yuan, accounting for 39.6% of China's total foreign trade. State owned enterprises import and export 1 trillion and 160 billion yuan, accounting for 17.7%.

Four, the proportion of general trade import and export reached 6. In the first quarter, China's general trade imports and exports were 3 trillion and 940 billion yuan, down 5.7%, accounting for 60% of China's total foreign trade. Among them, exports were 1 trillion and 950 billion yuan, down 11.3%; imports 1 trillion and 990 billion yuan, an increase of 0.5%. Processing trade imports and exports 1 trillion and 560 billion yuan, down 12.4%, accounting for 23.8%.

Five, electromechanical products and labor-intensive products are the main export commodities. In the first quarter, China's mechanical and electrical products exported 1 trillion and 950 billion yuan, down 11.5%, accounting for 58.5% of the total export value. Over the same period, textile and clothing 7 categories of labor-intensive products exported 596 billion 980 million yuan, down 15.3%, accounting for 17.9%.

Six, imports of key consumer goods such as iron ore, crude oil, coal and other key commodities and meat increased rapidly. In the first quarter, China imported 2.6 million tons of iron ore, an increase of 1.3%, an import crude oil of 1.3 million tons, an increase of 5%, an import coal of 95 million 778 thousand tons, an increase of 28.4%, an import natural gas 24 million 656 thousand tons, an increase of 1.8%. In addition, 17 million 792 thousand tons of imported soybeans, an increase of 6.2%, 951 thousand tons of imported pork, an increase of 1.7 times, 513 thousand tons of imported beef, an increase of 64.9%. Affected by the epidemic, China imported 61 billion 910 million yuan of medicinal materials and medicines, an increase of 14.8%.

In response to the Sino US trade situation in the first quarter, Li Kuiwen answered questions from reporters. With the gradual landing of the first stage economic and trade agreement between China and the United States, some positive factors have emerged in bilateral trade, especially in recent years. But at the same time, we should also see that exports to the US declined in the first quarter due to the impact of the new crown pneumonia and the extension of the Spring Festival holiday this year.

According to customs statistics, in the first quarter of this year, the total trade volume between China and the United States was 668 billion 10 million yuan, down 18.3% compared to the same period last year, of which, exports to the United States amounted to 476 billion 550 million yuan, down 23.6%, and imports from the United states decreased by 191 billion 460 million yuan, down 1.3%. From the point of view of export commodities, China's exports of electromechanical products to the United States decreased by 24.1% in the first quarter, accounting for 61.6% of the total value of exports to the United States in the same period. Of them, the export mobile phones were 36 billion 170 million yuan, down 10.3%, and the export of automatic data processing equipment and their components 51 billion 630 million yuan, a decrease of 31.2%. 292 billion 570 million. Over the same period, exports of labor-intensive products decreased by 26.1%, 105 billion 770 million yuan, and exports of pharmaceutical materials and medicines increased by 5 billion 250 million yuan, an increase of 6.3%.

In terms of imports, imports of soybeans, pork and cotton have grown rapidly since the first phase of Sino US economic and trade agreements. In the first quarter, imports of agricultural products from the United States increased by 35 billion 560 million yuan, an increase of 1.1 times. Among them, 7 million 814 thousand tons of imported soybeans, an increase of 2.1 times, the value of 21 billion 880 million yuan, an increase of 2.1 times; imports of pork 168 thousand tons, an increase of 6.4 times, the value of 3 billion 40 million yuan, an increase of 16 times; imports of cotton 124 thousand tons, 43.5%, worth 1 billion 590 million yuan, an increase of 1 billion 590 million.