年内新高！7月我国货物贸易进出口同比增长6.7%

Core Insights - In July, China's total goods trade value reached 3.91 trillion yuan, a year-on-year increase of 6.7%, marking the highest growth rate of the year [1] - For the first seven months, the total goods trade value was 25.7 trillion yuan, up 3.5% year-on-year, with growth accelerating by 0.6 percentage points compared to the first half of the year [1] Trade Performance - Exports for the first seven months amounted to 15.31 trillion yuan, a 7.3% increase, while imports were 10.39 trillion yuan, down 1.6%, with the decline narrowing by 1.1 percentage points compared to the first half [1] - In July, both exports and imports showed positive growth rates of 8% and 4.8% respectively [1] Product Breakdown - In the first seven months, exports of electromechanical products reached 9.18 trillion yuan, a 9.3% increase, accounting for 60% of total exports [1] - Key export items included integrated circuits (up 21.8%), automobiles (up 10.9%), and automatic data processing equipment and parts (up 1.1%) [1] - Major imported commodities such as iron ore, crude oil, coal, and natural gas saw price declines, while the value of electromechanical product imports increased [1] Trade Methods - General trade accounted for 16.44 trillion yuan in imports and exports, a 2.1% increase, representing 64% of China's total foreign trade [2] - Processing trade and bonded logistics trade grew by 6.3% and 6% respectively [2] Business Entities - Private enterprises' imports and exports reached 14.68 trillion yuan, a 7.4% increase, making up 57.1% of China's total foreign trade, an increase of 2.1 percentage points from the previous year [2] - Foreign-invested enterprises saw a 2.6% growth in imports and exports [2] Trade Partners - Trade with ASEAN, EU, Africa, and Central Asia grew by 9.4%, 3.9%, 17.2%, and 16.3% respectively [2] - Trade with ASEAN and EU accounted for nearly 30% of China's total foreign trade [2] - Trade with countries involved in the "Belt and Road" initiative increased by 5.5% [2] - Trade with the United States decreased by 11.1%, representing 9.4% of China's total foreign trade [2]