刚刚发布，同比增长3.6%！

Core Insights - China's goods trade maintained steady growth in the first ten months of 2025, with a total import and export value of 37.31 trillion yuan, an increase of 3.6% year-on-year [1] Trade Performance - Exports reached 22.12 trillion yuan, growing by 6.2%, while imports totaled 15.19 trillion yuan, remaining stable compared to the previous year [1] - In October, the total trade value was 3.7 trillion yuan, a slight increase of 0.1%, with exports declining by 0.8% to 2.17 trillion yuan and imports increasing by 1.4% to 1.53 trillion yuan, marking five consecutive months of growth in imports [1] Trade Composition - General trade and processing trade both saw growth, with general trade imports and exports at 23.64 trillion yuan (up 2.3%) and processing trade at 6.94 trillion yuan (up 6.5%) [2] - Bonded logistics trade reached 5.34 trillion yuan, growing by 5.5% [2] Trade Partners - ASEAN remained China's largest trading partner, with a total trade value of 6.18 trillion yuan, an increase of 9.1% [3] - The EU was the second-largest partner, with trade totaling 4.88 trillion yuan, up 4.9% [3] - Trade with the US decreased by 15.9% to 3.38 trillion yuan [3] - Trade with Belt and Road Initiative countries totaled 19.28 trillion yuan, growing by 5.9% [3] Enterprise Contributions - Private enterprises contributed 21.28 trillion yuan to trade, a growth of 7.2%, accounting for 57% of total foreign trade [4] - Foreign-invested enterprises had a trade value of 10.91 trillion yuan, increasing by 2.9% and representing 29.3% of total foreign trade [4] - State-owned enterprises saw a decline in trade, totaling 5.04 trillion yuan, down 8.1% [4] Export Composition - Mechanical and electrical products accounted for over 60% of exports, totaling 13.43 trillion yuan, an increase of 8.7% [5] - Key categories included integrated circuits at 1.16 trillion yuan (up 24.7%) and automobiles at 798.39 billion yuan (up 14.3%) [5] - Labor-intensive products saw a decline, with total exports of 3.38 trillion yuan, down 3% [5] - Agricultural product exports reached 598.98 billion yuan, growing by 2% [5]