中国海关总署周三公布的数据显示，中国7月稀土磁铁出口量较6月增长近75%，至5577吨，连续第二个月增长，并创下1月份以来单月最高水平。数据显示，上个月前三大出口目的地是德国（1116吨，环比增46%）、美国（619吨，环比增75.5%，同比增4.8%）和越南。外汇交易员 (@myfxtrader):#数据 中国7月肥料出口570.4万吨，同比增85%；稀土出口5994.3吨，同比增21%；汽车（包括底盘）出口69.4万辆，同比增26%；集成电路出口318.4亿个，同比增16%。7月大豆进口1166.6万吨，同比增18%；（创7月进口历史纪录）原油进口4720.4万吨，同比增11.5%；铜矿砂及精矿进口256万吨，同比增18%； ...

Core Insights - The report indicates that Mauritania's foreign trade in Q2 2025 reached 944.91 billion Ouguiya (approximately 2.369 billion USD), showing a year-on-year increase of 8.4% and a quarter-on-quarter increase of 9.4% [1] - Imports amounted to 506.51 billion Ouguiya (approximately 1.27 billion USD) while exports were 438.4 billion Ouguiya (approximately 1.099 billion USD), resulting in a trade deficit of 68.11 billion Ouguiya (approximately 1.7 million USD) [1] - Major trading partners include China, UAE, Spain, Canada, and Switzerland, which collectively account for a significant portion of Mauritania's foreign trade [1] Trade Overview - By region, Europe, Asia, Africa, and the Americas accounted for 36.7%, 26.8%, 14.4%, and 12.7% of Mauritania's foreign trade, respectively [2] - Key European partners include Spain, Switzerland, Belgium, and France, which together represent 71% of trade with Europe [2] - In Asia, China and Japan dominate, with China alone accounting for 62.3% of trade [2] - Canada, the US, and Brazil are the top partners in the Americas, with Canada making up 57.3% of trade [2] - Algeria, South Africa, and Morocco are the leading African partners, representing 24.5%, 19.4%, and 13.9% of trade, respectively [2] Export Analysis - Mauritania's exports in Q2 saw a year-on-year decline of 4% but a quarter-on-quarter increase of 5.6% [3] - Key export commodities include gold, silver, platinum, iron ore, and copper, with iron ore making up 37.3% of total exports [3] - Major export destinations are China, Canada, Switzerland, Algeria, and Spain [3] - Specific export figures include 4.1 million tons of iron ore, 2.5 thousand tons of copper, and 4 tons of precious metals, with notable year-on-year changes in quantities and values [3] Import Analysis - Imports increased by 8.4% year-on-year and 9.4% quarter-on-quarter, driven by rising demand for transportation equipment, food, and construction materials [4] - The composition of imports includes oil and derivatives (28.8%), food (26%), and machinery (13.7%) [4] - Major sources of imports are Europe, Asia, the Middle East, the Americas, and Africa, with Spain, UAE, Algeria, China, and France being the top suppliers [4] - Notable import figures include 131.81 billion Ouguiya for food, 146.08 billion Ouguiya for oil products, and 69.41 billion Ouguiya for machinery [4] Market Influences - Mauritania's trade is significantly affected by international commodity price fluctuations, particularly for minerals and food [5] - In Q2, iron ore prices averaged 95.5 USD per ton, reflecting a year-on-year decrease of 6% and a quarter-on-quarter decrease of 15.5% [5] - Conversely, gold futures prices increased by 15% year-on-year, while copper prices rose by 1.7%, providing some positive influence on trade [5]

Group 1 - Recent decline in government bond futures prices, with 10-year government bond yields rising above 1.7% due to increased market risk appetite driven by strong commodity prices and improved economic data [1][2] - Strong performance in commodity prices, particularly polysilicon, coking coal, and lithium carbonate, influenced by "anti-involution" policies aimed at enhancing product quality and phasing out outdated capacity [2] - July PPI showed a narrowing decline of 0.2% month-on-month, the first contraction reduction since March, driven by stabilizing prices in coal and steel industries [3] Group 2 - July's import and export data exceeded expectations, with total trade reaching $545.32 billion, a year-on-year increase of 5.9%, supported by strong exports to emerging markets despite a significant drop in exports to the U.S. [4] - The central bank's monetary policy remains relatively loose, with net withdrawals totaling 932.6 billion yuan, while maintaining liquidity to support short-term bond prices [5] - The "anti-involution" policy continues to influence market dynamics, leading to a divergence in bond prices and increased pressure on long-term bonds following the resumption of VAT on government and financial bonds [5]

中新网南宁8月9日电(刘宇阳)8月9日，南宁海关通报，2025年前7个月，广西外贸持续向好，对东盟进 出口额达2423.2亿元(人民币，下同)，同比(下同)增长13.1%。其中，对印度尼西亚进出口180亿元，增 长64.7%。 数据显示，今年前7个月，广西外贸进出口4535.3亿元，增长13.5%。 此外，当前广西消费市场加快恢复，带动部分农产品进口增长亮眼。今年7月份，广西水果、棕榈油分 别进口10亿元、3.4亿元，分别增长30%、75.9%。(完) （文章来源：中国新闻网） 从贸易方式看，今年前7个月，广西一般贸易进出口1947亿元，占同期广西外贸总值的(下同)42.9%。值 得关注的是，广西加工贸易、互市落地加工快速增长。其中，加工贸易进出口540.5亿元，增长64.7%。 从贸易产品来看，今年前7个月，广西主要出口机电、劳动密集型产品，其中电子元件、平板显示模组 出口增速均超60%；进口方面，广西大宗商品进口有所增长。 今年7月份，广西进口增速超10%。以铜矿砂为主的金属矿砂是广西进口重要增长点。 ...

Core Viewpoint - Shandong Province's foreign trade has shown strong resilience in the face of complex international circumstances, achieving significant growth and contributing notably to national trade performance [3][6]. Group 1: Trade Performance - In the first half of the year, Shandong's total goods trade import and export reached 1.73 trillion RMB, ranking 5th nationally, with a year-on-year growth of 6.8%, surpassing the national average of 3.9% [3]. - Exports amounted to 1.05 trillion RMB, growing by 6%, while imports reached 676.41 billion RMB, increasing by 8.1% [3][4]. - The trade scale has set new historical highs for the province, with quarterly growth accelerating, particularly in the second quarter, which saw a 7.6% increase compared to the first quarter [3]. Group 2: Regional Development - The three economic circles of Shandong—provincial capital, Jiaodong, and Lunan—are collaborating closely, with the provincial capital circle achieving 462.23 billion RMB in trade, a 7% increase [4]. - The Jiaodong economic circle, leveraging its port advantages, accounted for over 60% of the province's trade, with a total of 1.05 trillion RMB in imports and exports, growing by 5.8% [4]. - The Lunan economic circle is focusing on rural revitalization and traditional industry upgrades, achieving 218.32 billion RMB in trade, with an impressive growth rate of 11.7% [4]. Group 3: Export Structure - Shandong's exports are characterized by stability and structural optimization, with high-tech product exports reaching 90.08 billion RMB, a growth of 28.1% [5]. - The export of cultural products increased by 18.2%, while green low-carbon products saw a growth of 12.2%, indicating a shift towards more innovative and sustainable products [5]. - Self-branded products accounted for over 25% of total exports, with a total value of 270.65 billion RMB, reflecting the growing international appeal of Shandong's brands [5]. Group 4: Import Demand - There has been a sustained increase in import demand, with raw materials and consumer goods driving growth, particularly in bulk commodities, which reached 370.54 billion RMB, a 16.7% increase [6]. - Notable increases in specific imports include crude oil at 207.52 billion RMB (16.3% growth), aluminum ore at 37.78 billion RMB (80.6% growth), and copper ore at 32.01 billion RMB (26.4% growth) [6]. - Consumer goods imports also rose significantly, with seafood imports increasing by 17.3% and edible oil imports by 40.4% [6]. Group 5: Future Outlook - The customs authorities in Jinan and Qingdao are committed to enhancing regulatory services and facilitating cross-border trade, aiming to maintain steady growth in Shandong's foreign trade [7].

Core Viewpoint - The press conference highlighted the significant growth and contributions of Shandong's foreign trade, particularly through regional cooperation frameworks like RCEP and the China-Central and Eastern European Countries cooperation mechanism, amidst a complex international economic environment [3][4]. Group 1: Trade Performance - In the first half of the year, Shandong's trade with RCEP member countries reached 634.09 billion yuan, a year-on-year increase of 0.8%, accounting for 36.7% of the province's total trade [3]. - Trade with Central and Eastern European countries amounted to 30.67 billion yuan, growing by 10.1% year-on-year, representing 1.8% of the total [3]. - The combined contribution of trade with RCEP and Central and Eastern European countries to Shandong's foreign trade growth was 7% [3]. Group 2: Market Expansion - Shandong has successfully expanded its market through cooperation frameworks, with notable growth in trade with ASEAN, South Korea, and Japan [4]. - Among RCEP member countries, trade with Brunei, Indonesia, and Cambodia saw significant increases of 42.6%, 52.5%, and 35.2% respectively [4]. - Trade with Poland, the largest market in Central and Eastern Europe, surged by 34.2% to 12.23 billion yuan, making up 39.9% of Shandong's trade with the region [4]. Group 3: Private Sector Involvement - Private enterprises played a crucial role, achieving import and export values of 489.22 billion yuan and 23.72 billion yuan with RCEP and Central and Eastern European countries respectively, marking increases of 1.3% and 12.5% [4]. - The share of private enterprises in total trade with RCEP and Central and Eastern European countries reached 77.2% and 77.3% respectively [4]. Group 4: Product Categories - Shandong's exports to RCEP countries included 152.12 billion yuan in machinery and electrical products, a 12.9% increase, accounting for 41.1% of total exports to these countries [4]. - Imports from RCEP countries included 92.75 billion yuan in crude oil, 57.36 billion yuan in machinery and electrical products, and 14.88 billion yuan in agricultural products, with respective growth rates of 2.3%, 10.4%, and 14.4% [4]. - Exports to Central and Eastern European countries comprised 16.18 billion yuan in machinery and electrical products, 3.97 billion yuan in labor-intensive products, and 1.03 billion yuan in agricultural products [4]. Group 5: Trade Facilitation - In the first half of the year, Shandong issued 107,000 RCEP certificates of origin, with export value benefiting from these certificates reaching 25.21 billion yuan, reflecting growth of 5.8% and 12.4% respectively [5]. - The establishment of a cross-border customs inspection and quarantine information sharing mechanism has facilitated the entry of various agricultural products from Central and Eastern Europe into Shandong [5]. Group 6: Future Strategies - The customs authority plans to enhance foreign trade quality by promoting policy benefits, simplifying customs procedures, and strengthening trade monitoring and market forecasting [6]. - Efforts will focus on helping enterprises adapt to external policy changes and diversify international market opportunities [6].

Group 1 - The total value of foreign trade in Inner Mongolia reached 843 billion RMB in the first five months of the year, showing a year-on-year growth of 0.2% [1] - Exports amounted to 327.7 billion RMB, while imports totaled 515.3 billion RMB [1] - The top five export products included electromechanical products, agricultural products, basic organic chemicals, steel, and labor-intensive products, which collectively accounted for 65.2% of total exports [1] Group 2 - Copper ore was the largest import commodity, with imports reaching 124.9 million tons, reflecting a year-on-year increase of 33.8% [1] - Private enterprises remained the primary players in foreign trade, contributing 661.7 billion RMB to the total trade, a 3.1% increase year-on-year, and accounting for 78.5% of the total foreign trade value [1] Group 3 - Inner Mongolia engaged in foreign trade with 167 countries and regions, diversifying its trade partners [2] - Trade with Mongolia and Russia accounted for 45.9% of the total foreign trade value, while trade with Chile and Peru saw significant growth rates of 134.6% and 25.5%, respectively [2] - The overall foreign trade showed resilience and vitality, with a focus on expanding cooperation and optimizing trade structures [2]

Core Insights - Hubei Province's foreign trade continues to show high growth, with a total import and export value of 328.74 billion RMB in the first five months of 2025, representing a year-on-year increase of 26.9% [1][2] Group 1: Trade Performance - Exports reached 238.37 billion RMB, a significant increase of 36.3%, while imports totaled 90.37 billion RMB, growing by 7.4% [1] - Private enterprises have become the main driving force behind Hubei's foreign trade growth, accounting for 70.9% of the total import and export value, with a year-on-year increase of 31.1% [2] - The general trade method accounted for 80.6% of the total trade, with a value of 264.96 billion RMB, showing a growth of 36.5% [3] Group 2: Trade Partners and Markets - ASEAN and the EU are Hubei's top two trading partners, with import and export values of 78.21 billion RMB and 41.05 billion RMB, reflecting increases of 64.3% and 41.6% respectively [3] - Exports to emerging markets such as India and Brazil also saw significant growth, increasing by 34.3% and 14.4% respectively [3] Group 3: Regional Contributions - Wuhan City led the province with an import and export value of 178.77 billion RMB, accounting for 54.4% of the total [3] - Other cities like Huangshi, Yichang, and Xiangyang also contributed significantly, with respective import and export values of 30.82 billion RMB, 21.12 billion RMB, and 19.96 billion RMB [3] Group 4: Export and Import Structure - The export of electromechanical products reached 120.59 billion RMB, growing by 23%, making up over half of the total exports [4] - Major imports included bulk commodities, with a total import value of 29.93 billion RMB, representing over 30% of total imports, and significant increases in copper ore and coal imports [4]

Core Insights - In May 2025, China's exports showed resilience with a year-on-year growth of 4.8% in USD terms, while imports declined by 3.4%, resulting in a trade surplus of $103.22 billion [1] - The trade dynamics indicate a shift towards emerging markets, with ASEAN and Latin America becoming key partners, while exports to the US saw a significant decline of 34.5% year-on-year in May [1][4] - The export structure is improving, with high-end manufacturing products gaining competitiveness, particularly in the semiconductor and transportation equipment sectors [5][6] Trade Performance - Exports to Europe and ASEAN markets were strong, with the EU seeing a 12.0% year-on-year increase and ASEAN exports growing by 14.8%, particularly to Vietnam and Thailand [1][4] - The shipbuilding industry experienced a notable growth of 43.7% in May 2025, supported by global demand and enhanced competitiveness [2] - Labor-intensive products faced pressure, with declines in categories such as bags, textiles, and toys due to the impact of US tariffs [2] Import Dynamics - Domestic manufacturing remains weak, with a marginal improvement in May 2025 due to US-China trade negotiations, but still below the growth line [3] - Imports of semiconductors and machinery increased by 6%, with significant growth in integrated circuits (33.4%) and data processing equipment [3] - Major bulk commodity imports like soybeans increased by 22.5%, while others like iron ore and crude oil saw declines exceeding 10% [3] Trade Diversification - The share of emerging markets in China's exports is rising, with the US share dropping from 14.7% in 2024 to 12% in the first five months of 2025, while ASEAN's share increased to 17.8% [4] - China's trade relationships with ASEAN are strengthening, supported by initiatives like the Belt and Road Initiative and RCEP [4] Future Outlook - The overall export resilience is expected to be supported by emerging market demand and stable relations with the EU, despite ongoing uncertainties from US tariff policies [6] - The high-end manufacturing sector's transformation is anticipated to enhance international competitiveness, with an expected export growth rate of 2% to 3% for the year [6]

Group 1: Overall Industry Performance - In the first quarter, China's five-mineral chemical industry had a total import and export value of $452.2 billion, a year-on-year decrease of 6.5% [1] - The main products in the industry saw mixed performance, with chemical products and mineral products exports increasing, while hardware and building materials exports declined [1] Group 2: Export Performance - Chemical product exports reached $74.9 billion, a year-on-year increase of 1.7% [1] - Mineral product exports amounted to $46 billion, showing a significant year-on-year growth of 22.1% [1] - Hardware and building materials exports were $54.4 billion, with a slight decline of 0.1% year-on-year [1] - Major export markets included the US, South Korea, Vietnam, and India, with exports to India increasing by 5.4% to $8.2 billion, while exports to the US, Vietnam, and South Korea decreased [1] Group 3: Import Performance - Hardware and building materials imports grew by 0.7% to $8.4 billion, while chemical and mineral product imports saw declines [2] - Chemical product imports were $144.5 billion, down 6.5% year-on-year [2] - Mineral product imports totaled $123.9 billion, reflecting a significant decrease of 20% [2] Group 4: Specific Product Insights - In the tire sector, China's new inflatable rubber tire exports reached 2.15 million tons, up 5.9%, with an export value of $5.3 billion, also up 5.7% [2] - Steel exports were 27.43 million tons, increasing by 6.3%, but the export value fell by 4.8% to $19.4 billion [2] - Refined oil exports decreased significantly, with a volume of 12.45 million tons, down 16%, and a value of $8.6 billion, down 22.8% [2] - Copper ore imports increased by 1.8% in volume to 7.11 million tons, with a value of $17.2 billion, up 4% [4] - Crude oil imports fell by 1.5% to 135.27 million tons, with a value of $74.8 billion, down 8.3% [4] - Iron ore imports decreased by 7.8% in volume to 285.33 million tons, with a significant value drop of 27.5% to $28.3 billion [4] - Liquefied natural gas imports saw a 20.9% decrease in volume to 15.56 million tons, with a value of $8.7 billion, down 24.5% [4]