my country's foreign trade import and export "semi -annual report" was released: total value of goods trade imports and exports increased by 9.4% year -on -year to consolidate the foundation of foreign trade preservation and stability

On July 13, the General Administration of Customs announced that in the first half of this year, the total value of imports and exports in my country was 1.98 trillion yuan, an increase of 9.4%year -on -year. Among them, exports were 11.14 trillion yuan, an increase of 13.2%; imports were 8.66 trillion yuan, an increase of 4.8%.

"In the first half of the year, my country's foreign trade imports and exports have grown steadily, and it has achieved positive growth year -on -year in 8 consecutive quarters." Li Kuiwen, director of the Spokesperson and Statistical Analysis Department of the General Administration of Customs. Regarding the current main factors that support my country's foreign trade growth, he talked about several aspects, including the relatively stable international market demand, sufficient domestic production demand potential, and the rapid recovery of import and export in some areas to stabilize the basic foreign trade disk and the vitality of the market entity. In addition, the high -level operation of international commodities also drives the growth of import values ​​to a certain extent.

Li Kuiwen said that in the first half of the year, the import and export of my country's foreign trade showed a strong toughness. In the first quarter, it started steadily. In May and June, it quickly reversed the trend of decline in the growth rate in April, laying a solid foundation for the overall foreign trade stability.

According to data from the General Administration of Customs, in May, the import and export of foreign trade in my country increased by 9.5%year -on -year, the growth rate accelerated by 9.4 percentage points compared with April, and the growth rate in June further increased to 14.3%. Further, the total value of imports and exports in June was 3765.73 billion yuan in June. Among them, the total export value was 2207.92 billion yuan, an increase of 11.9%month -on -month and a year -on -year increase of 22%; the total import value was 1557.81 billion yuan, a 5.8%increase from the previous month, and a year -on -year increase of 4.8%.

Regarding the strong performance of exports in June, Wen Bin, chief economist of Minsheng Bank, told reporters of the Securities Daily that this aspect stemmed from the concentrated release of export orders affected by the previous epidemic, especially in the Yangtze River Delta region and re -production in an orderly manner. Promoting, the rapid recovery of imports and exports has driven the overall growth rate of foreign trade across the country significantly. On the other hand, the exchange rate factor. In June this year, the RMB exchange rate remained around 6.7, and the exchange rate of the same period last year was around 6.4. The export growth rate of the RMB or the impact of the exchange rate was accelerated by about 4 to 5 percentage points. In addition, although the global commodity prices fell high in June, the prices of major export orders may not be transmitted yet. Compared with the same period last year, there is still a significant difference in differences, supporting export growth.

Zheng Houcheng, director of the Institute of British Securities Research Institute, said in an interview with the Securities Daily that there were many supporting factors that exports in June had a significant increase year -on -year. For example, the CRB index in June was 49.52%year -on -year. Although a downlink of 2.94 percentage points from the previous value, it is still located in the historic high range and supports the export growth rate in June. The PMI supplier delivery time index significantly upward 7.2 percentage points and jumped to the glory line, and also supported the export growth rate in June.

"The total value of imports in June increased by 4.8%year -on -year, which was slightly better than market expectations, reflecting that domestic demand is gradually recovering." Wen Bin said that the main reason for import growth still comes from energy imports. In the first half of the year, my country's crude oil, natural gas, coal and other energy products imported a total of 1.48 trillion yuan, an increase of 53.1%. After excluding energy, imports decreased slightly year -on -year, reflecting that there was still much room for improvement in China in my country.

Affected by the difference between exports and imports, my country's cargo trade surplus was 2.48 trillion yuan in the first half of the year, a year -on -year increase of 57.3%. The trade surplus in June was 650.11 billion yuan, a year -on -year increase of 95.4%.

Wen Bin believes that in the case of the recent transition of cargo trade in major manufacturing countries around the world, my country still maintains a strong surplus, fully demonstrating my country's manufacturing competitiveness and a pivotal position in the global industrial chain.

Li Kuiwen said that at present, the new crown pneumonia's epidemic and international environment are becoming more severe and complicated. The development of foreign trade in my country still faces some unstable factors, and the stability and quality are facing a lot of pressure. However, we must also see that my country's economic toughness, sufficient potential, and long -term good fundamentals have not changed. With the implementation of a policy measure of the state's stability of the economy and the orderly progress of the resumption of labor and re -production, my country's foreign trade is still expected to continue to maintain a steady growth.

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