[China Glass Network] According to data released by the General Administration of Customs on the 10th, in the first seven months of this year, the total value of China's foreign trade imports and exports was US$20,225.5 million, an increase of 25.1% over the same period last year. The trade surplus was 76.21 billion US dollars, a decrease of 8.7%.
Data show that in the first seven months, China's exports were 1,049.38 billion US dollars, up 23.4%; imports were 973.17 billion US dollars, up 26.9%.
Customs statistics show that in July, China's total import and export value was 318.77 billion US dollars, an increase of 21.5%. Among them, exports were 175.13 billion US dollars, up 20.4%. The monthly export volume set a record of 161.97 billion US dollars set just last month; imports were 143.64 billion US dollars, up 22.9%.
In the first seven months, China’s general trade import and export was 1,065.36 billion US dollars, an increase of 31.2%. Among them, exports were 505.95 billion US dollars, up 29.7%, which was 6.3 percentage points higher than the overall growth rate of exports during the same period; imports were 559.41 billion US dollars, up 32.5%, higher than the national import growth rate of 5.6 percentage points over the same period. Under the general trade, the trade deficit was US$53.46 billion, an increase of 66.5%. In the same period, China's import and export of processing trade was 730.83 billion US dollars, an increase of 16.1%, accounting for 36.1% of China's total import and export value during the same period. Of this total, exports were 464.97 billion US dollars, up 16.7%; imports were 265.86 billion US dollars, up 15%. The trade surplus under processing trade was US$199.11 billion, an increase of 19%.
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