11月中国进出口同比增速回升至4.1%

Core Insights - In November, China's total import and export value reached 3.9 trillion yuan, with a year-on-year growth of 4.1% [1] - Exports amounted to 2.35 trillion yuan, increasing by 5.7% year-on-year, while imports were 1.55 trillion yuan, up by 1.7% [1] - For the first 11 months of the year, the total import and export value was 41.21 trillion yuan, reflecting a year-on-year growth of 3.6% [1] Trade Partners - ASEAN emerged as China's largest trading partner, with a total trade value of 6.82 trillion yuan, growing by 8.5% year-on-year [1] - The EU ranked as the second-largest trading partner, with a trade value of 5.37 trillion yuan, up by 5.4% [1] - The US was the third-largest trading partner, with a trade value of 3.69 trillion yuan, showing a decline of 16.9% year-on-year [1] Belt and Road Initiative - China's total import and export value with Belt and Road countries reached 21.33 trillion yuan, marking a year-on-year increase of 6% [1] Product Exports - In the first 11 months, China exported integrated circuits worth 1.29 trillion yuan, which is a significant year-on-year increase of 25.6% [1] - Automobile exports totaled 896.91 billion yuan, reflecting a year-on-year growth of 17.6% [1] Import Data - In the first 11 months, China imported 1.139 billion tons of iron ore, an increase of 1.4% year-on-year [2] - Crude oil imports reached 522 million tons, up by 3.2% year-on-year [2] - Soybean imports totaled 104 million tons, reflecting a year-on-year increase of 6.9% [2]