Core Insights - In the first seven months of 2025, China's total goods trade import and export value reached 25.7 trillion yuan, a year-on-year increase of 3.5% [1] - Exports amounted to 15.31 trillion yuan, growing by 7.3%, while imports were 10.39 trillion yuan, showing a decline of 1.6%, with the decline narrowing by 1.1 percentage points compared to the first half of the year [1] Trade Characteristics - General trade and processing trade saw growth in imports and exports [1] - Trade with ASEAN and the EU increased [1] - Both private enterprises and foreign-invested enterprises experienced growth in imports and exports [1] - Mechanical and electrical products accounted for 60% of exports, with significant growth in automatic data processing equipment, integrated circuits, and automobiles [1] Enterprise Performance - Private enterprises' import and export value reached 14.68 trillion yuan, a growth of 7.4%, making up 57.1% of the total foreign trade value, an increase of 2.1 percentage points from the previous year [2] - Exports from private enterprises were 10.04 trillion yuan, growing by 8.7%, while imports were 4.64 trillion yuan, increasing by 4.7% [2] - Foreign-invested enterprises had an import and export value of 7.46 trillion yuan, growing by 2.6%, accounting for 29% of total foreign trade [2] - State-owned enterprises saw a decline in import and export value to 3.49 trillion yuan, down 8.8%, representing 13.6% of total foreign trade [2] Product Export Breakdown - Exports of mechanical and electrical products reached 9.18 trillion yuan, a growth of 9.3%, constituting 60% of total exports [3] - Key products included automatic data processing equipment (823.62 billion yuan, up 1.1%), integrated circuits (778.45 billion yuan, up 21.8%), and automobiles (513.46 billion yuan, up 10.9%) [3] - Labor-intensive products saw a slight decline in exports, totaling 2.41 trillion yuan, down 0.8% [3] - Agricultural product exports were valued at 414.66 billion yuan, growing by 2.9% [3] Monthly Trade Performance - In July, the total goods trade import and export value was 3.91 trillion yuan, an increase of 6.7% [3] - Exports for July were 2.31 trillion yuan, growing by 8%, while imports were 1.6 trillion yuan, increasing by 4.8%, marking two consecutive months of growth [3]