国内观察：2024年9月进出口数据：进出口增速双双回落

Export Data - In September 2024, exports decreased by 2.4% year-on-year, down from 8.7% in the previous month[3] - The trade surplus was $81.711 billion, a narrowing from previous values[3] - Exports to the US, EU, and Japan saw declines of 2.8%, 12.1%, and 7.6% respectively, with Japan's exports turning negative[4] Import Data - Imports in September 2024 amounted to $222 billion, the highest level in a month but only slightly above the average of $214.3 billion for the year[4] - The year-on-year change in imports improved from -7.2% to -6.3%[4] - The domestic manufacturing PMI new orders index rose to 49.9, indicating potential improvement in domestic demand[4] Market Trends - Global manufacturing PMI fell to 48.8, indicating a contraction in external demand[3] - The export volume for ships and steel remained strong, while automotive exports showed a significant decline in growth rate[4] - The overall external demand is weakening, influenced by both base effects and short-term weather factors[3]