Core Insights - In the first three quarters of this year, China's goods trade import and export exceeded 33 trillion yuan, marking a historical high and the first time surpassing this threshold in the same period [2] - The overall trend of China's foreign trade remains positive, with a year-on-year growth of 4% in imports and exports [4] Trade Performance - The total import and export value reached 33.61 trillion yuan, with quarterly figures consistently exceeding 10 trillion yuan: 10.3 trillion in Q1, 11.49 trillion in Q2, and 11.82 trillion in Q3 [2] - Exports amounted to 19.95 trillion yuan, showing a year-on-year increase of 7.1%, maintaining growth for eight consecutive quarters [4] - Imports totaled 13.66 trillion yuan, reflecting a slight year-on-year decline of 0.2%, but the decline has narrowed compared to earlier months [6] Export Dynamics - High-tech product exports reached 3.75 trillion yuan, with a year-on-year growth of 11.9%, contributing over 30% to the overall export growth [4] - Exports to approximately 80% of trade partners experienced growth, indicating a broad-based recovery [4] Import Trends - Despite a decline in total import value, the quantity index for imports increased by 0.6%, with significant growth in crude oil and metal ores by 2.6% and 4.2%, respectively [8] - The import of consumer goods, including food and cultural products, also showed notable increases, with values rising by 10.2% and 9.4% [8] Private Sector Performance - Private enterprises' imports and exports reached 19.16 trillion yuan, growing by 7.8%, and have maintained growth for 22 consecutive quarters [10] - Private enterprises accounted for 57% of China's total foreign trade, contributing 4.3 percentage points to overall trade growth [10] - Exports of high-tech products by private enterprises increased by 15.3%, representing 54.2% of the total value of similar goods exported [10]
33.61万亿元,再创新高!中国外贸再次展现“韧实力”
Yang Shi Wang·2025-10-13 08:07