According to the statistics by the Customs, China’s imports and exports from January to July totaled US$2.0225.5 trillion with a year-on-year increase of 25.1%. Among that, exports stood at US$1.04938 trillion, up 23.4%. Imports reached US$ 973.17 billion, up 26.9%. Trade surplus stood at US$ 76.21 trillion, down by 8.7%.

In July, China’s imports and exports totaled US$318.77 billion, up by 21.5%. Among that, exports stood at US$175.13 billion, up by 20.4%. Exports in May hit a record high, topping the historical US$161.97 billion in June. Imports stood at 143.64 billion, up by 22.9%.

     

In January- July, among exported goods, machinery & electronic products stood at US$595.15 billion, up by 18.9%, accounting for 56.7% of the total exports. Among that, exports of electrical & electronic products stood at US$ 243.6 billion, up by 20.3%; exports of mechanical equipment reached US$ 195.64 billion, up by 15.3%. Exports of traditional commodities sustained a steady growth, among which clothing stood at US$83.12 billion, up by 24.4%, textile stood at US$54.6 billion, up by 27.5%, and shoes stood at US$23.49 billion, up by 20.9%.

   

In January- July, among imported goods, iron ore stood at 390 million metric tons, up by 7.9%, with average import price US$ 162.8 per ton, up by 39.1%. Soybean imports stood at 29.06 million metric tons, down by 5.5%, with average import price US$ 575.9 per ton, up by 31.1%. Apart from that, imports and exports of machinery & electronic products amounted to US$ 423.28 billion, up by 17.5%. Among that, imports of automobiles reached 550, 000, up by 20%.