China's total import and export value of goods in the first half of 2025 increased by 2.9% year-on-year

According to statistics from the General Administration of Customs of the People's Republic of China, from January to June 2025, China's import and export of goods trade in China will be carried out from January to June 2025.RMB 21.79 trillion, a year-on-year increase of 2.9%. Among them, exports were 13 trillion yuan, an increase of 7.2%; imports were 8.79 trillion yuan, a decrease of 2.7%. Specifically, there are mainly five characteristics:

First, the scale of foreign trade has grown steadily. In the first half of the year, the scale of imports and exports has stabilizedThe 20 trillion yuan step set a record high in the same period. Judging from the quarterly trend, imports and exports in the second quarter increased by 4.5% year-on-year, accelerating by 3.2 percentage points from the first quarter, and maintaining year-on-year growth for seven consecutive quarters.

Second, foreign trade is more diversified. In the first half of the year, China's joint constructionImports and exports of countries in the "Belt and Road" are 11.29 trillion yuan, an increase of 4.7%, accounting for 51.8% of the total import and export value, an increase of 0.9 percentage points from the same period last year. Among them, imports and exports to ASEAN were 3.67 trillion yuan, an increase of 9.6%. During the same period, imports and exports to the EU, South Korea, Japan and other countries achieved growth.Imports and exports to the EU totaled 2.82 trillion yuan, up 3.5% year on year.

Third, export momentum is towards better and new. In the first half of the year, mechanical and electrical products exported7.8 trillion yuan, an increase of 9.5%, accounting for 60% of the total export value, an increase of 1.2 percentage points from the same period last year.

Fourth, the expansion of domestic demand has driven imports to stabilize. In the first half of the year, the growth rate of imports of mechanical equipment such as Sinopec and textiles reached double digits, key components such as electronic components grew rapidly, and the import volume of important raw materials such as crude oil and metal ore sand increased.

  Fifth, the vitality of foreign trade operators is constantly being released. In the first half of the year, China had foreign trade enterprises with import and export resultsThere were 628,000 units, exceeding 600,000 for the first time in the same period of history, an increase of 43,000 units from the same period last year. Among them, there were 547,000 private enterprises, with imports and exports increasing by 7.3%, accounting for nearly 60% of the total import and export value.

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