China's Foreign Trade Up 22.7% Jan-Sept. For more information on export to China, please
call SINOLOBEN, service Email: sinoloben@sloben.com.
China's foreign trade in
goods in the first three quarters of 2021 totaled 28.33 trillion yuan
($4.39 trillion), up by 22.7 percent year-on-year, the latest data from
General Administration of Customs showed on Wednesday.
The
politically sensitive trade surplus with the U.S. rose to $42 billion in
September from nearly $38 billion in August, the report said.
Exports grew by 22.7 percent on a yearly basis to 15.55 trillion yuan and imports rose by 22.6 percent to 12.78 trillion yuan.
Compared
with the same period in 2019, China's total foreign trade, exports, and
imports during this time expanded by 23.4 percent, 24.5 percent, and 22
percent, respectively.
The import and export values of the
first three quarters stood at 8.51 trillion yuan, 9.59 trillion yuan and
10.23 trillion yuan, respectively, registering year-on-year increases
of 29.7 percent, 25.2 percent and 15.2 percent, respectively.
Southeast
Asia was China’s biggest export market in September, reflecting
expanding trade ties as countries lower tariffs and dismantle some
barriers as part of regional trade agreements.
In terms of trade
form, the proportion of general trade imports and exports has
increased. In the first three quarters, China's general trade import and
export was 17.51 trillion yuan, an increase of 25.6%, accounting for
61.8% of China's total foreign trade value, an increase of 1.4
percentage points over the same period last year; of which, exports were
9.47 trillion yuan, an increase of 25.5%; imports were 8.04 Trillion
yuan, an increase of 25.7%.
The data released Wednesday showed
strong growth in shipments of vehicles, mobile phones, consumer
electronics, auto parts, labor-intensive products and medical supplies
in January-September.
For further information about China's import and export, please contact:
Ms. Linda Li
0086（0）21 3538 3306
sinoloben@thecustoms.com.cn
As food importer & food distributor
based in Frankfurt and Shanghai, Sinoloben Europa Trading GmbH helps client export to China and bring your food products to International Expo, e.g. China
International Import Expo (CIIE), the world's largest import-themed
expo. Transferred from the network, such as intrusion and deletion.
