前5月进出口同比增长2.5%——我国货物贸易延续平稳增长态势

Core Insights - China's total goods trade import and export value reached 17.94 trillion yuan in the first five months of the year, a year-on-year increase of 2.5% [2] - Exports amounted to 10.67 trillion yuan, growing by 7.2%, while imports were 7.27 trillion yuan, declining by 3.8% [2] - The growth rate of imports and exports accelerated significantly after high-level Sino-U.S. economic and trade talks [2] Trade Performance - General trade and processing trade both saw year-on-year growth in the first five months, with general trade at 11.51 trillion yuan (up 0.8%) and processing trade at 3.21 trillion yuan (up 6.2%) [2] - Trade with African countries reached a record high for the same period, totaling 963.21 billion yuan, an increase of 12.4% [2] - ASEAN remains China's largest trading partner with a total trade value of 3.02 trillion yuan, growing by 9.1% [2] Private and Foreign Investment Enterprises - Private enterprises' import and export value reached 10.25 trillion yuan, growing by 7%, accounting for 57.1% of China's total foreign trade [3] - Foreign-invested enterprises also showed stable growth, with a total import and export value of 5.21 trillion yuan, increasing by 2.3% [3] - The number of foreign-invested enterprises with import and export performance exceeded 73,000, the highest in five years [3] Export Structure - The export of equipment manufacturing products was strong, totaling 6.22 trillion yuan, a growth of 9.2%, making up 58.3% of total exports [4] - Notable growth in specific sectors included electric vehicles (up 19%), engineering machinery (up 10.7%), and industrial robots (up 55.4%) [4] - Equipment manufacturing contributed 73% to overall export growth in the first five months, with a contribution rate of 76.9% in May [4] Regional Trade Dynamics - The central region's import and export value reached 1.5 trillion yuan, growing by 11.1%, with exports at 1 trillion yuan (up 16.9%) [4] - The central region's growth rate outpaced the national average by 8.6 percentage points, reflecting the potential for further trade development [4] - The resilience of China's goods trade amidst external pressures has led to an increase in foreign trade growth rate from 1.3% in the first quarter to 2.5% currently [4]