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 import and export 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] - Exports and imports showed different trends, with exports at 15.31 trillion yuan (up 7.3%) and imports at 10.39 trillion yuan (down 1.6%), although the decline in imports narrowed by 1.1 percentage points compared to the first half [1] Trade Performance - In the first seven months, the export of electromechanical products was 9.18 trillion yuan, a year-on-year increase of 9.3%, accounting for 60% of total exports [1] - Key products such as integrated circuits, automobiles, and automatic data processing equipment saw export growth of 21.8%, 10.9%, and 1.1% respectively [1] - Major bulk commodity import prices, including iron ore, crude oil, coal, and natural gas, declined, while the import value of electromechanical products increased [1] Trade Methods and Partners - General trade accounted for 64% of total foreign trade, with a value of 16.44 trillion yuan, growing by 2.1% [2] - Private enterprises' import and export value reached 14.68 trillion yuan, up 7.4%, representing 57.1% of total foreign trade, an increase of 2.1 percentage points year-on-year [2] - Trade with ASEAN, EU, Africa, and Central Asia grew by 9.4%, 3.9%, 17.2%, and 16.3% respectively, while trade with the US decreased by 11.1%, accounting for 9.4% of total foreign trade [2]