According to statistics released by the General Administration of Customs on the 7th, in the first five months of this year, the total value of my country's trade goods imports and exports was 14.76 trillion yuan, a year-on-year increase of 28.2% and a year-on-year increase of 21.6%, continuing a steady momentum. Looking at the month of May, my country’s total import and export value was 3.14 trillion yuan, a year-on-year increase of 26.9%, a month-on-month decrease of 0.4%, and a year-on-year increase of 20.8%.
A month-on-month decrease of 0.4%-compared with April, the total value of imports and exports in May slightly corrected. What do you think?
According to Bai Ming, deputy director of the International Market Research Institute of the Ministry of Commerce, the global epidemic is still spreading, and my country's imports and exports in the first five months have remained at a high level, which is not easy. However, the month-on-month decline in imports and exports in May cannot be ignored, "to a certain extent, it reflects the pressure faced by enterprises."
Data show that compared with April, imports fell slightly in May. Looking at the month of May, exports were 1.72 trillion yuan, a year-on-year increase of 18.1%, a month-on-month increase of 0.2%, and an increase of 19.5% over the same period in 2019; imports were 1.42 trillion yuan, a year-on-year increase of 39.5%, and a month-on-month decrease of 1.1%, compared with the same period in 2019. An increase of 22.3%.
On the whole, in the first five months, my country’s exports were 8.04 trillion yuan, an increase of 30.1% year-on-year, and an increase of 23.6% year-on-year; imports were 6.72 trillion yuan, an increase of 25.9% year-on-year, and an increase of 19.2% year-on-year; trade The surplus was 1.32 trillion yuan, an increase of 56.2% year-on-year.
"This kind of growth rate is high worldwide." Bai Ming said that this is not only due to a series of measures to stabilize foreign trade in my country, but also due to the easing of the epidemic situation in Europe and the United States and the gradual recovery of the market. "It's better than expected." Tu Xinquan, Dean of the China WTO Research Institute of the University of International Business and Economics, said that the economies of Europe and the United States are showing signs of improvement. It was originally thought that my country's import and export share will decline, but the performance is still strong, which shows that external demand Still at a high level. Bai Ming pointed out that the current recovery of the epidemic is still uneven, and the epidemic situation in India, Vietnam and other places is still severe, and the supply capacity of the global industrial chain supply chain has been weakened. "Under this circumstance, China's manufacturing industry has effectively made up for the lack of supply in the international market."
It is worth noting that in the first five months, my country's main imported commodities showed a trend of rising in volume and price. Among them, iron ore was 472 million tons, an increase of 6%, and the average import price increased by 62.7%; crude oil was 221 million tons, an increase of 2.3%, and the average import price increased by 9.1%; soybeans were 38.234 million tons, an increase of 12.8%, and the average import price increased by 18.7. %; 6.097 million tons of steel, an increase of 11.6%, and the average import price rose by 9.8%.
Bai Ming analyzed that although my country's total import and export value continued to grow in the first five months, difficulties and challenges such as the appreciation of the renminbi, rising prices of raw fuel materials, and poor shipping logistics have gradually emerged, which has increased the pressure on business operations and squeezed profitability. . According to data released by the National Bureau of Statistics on May 31, China's Manufacturing Purchasing Managers Index (PMI) was 51% in May, a slight decrease of 0.1 percentage point from the previous month. Among them, the PMI of small enterprises is significantly lower than the PMI of large and medium-sized enterprises, and is below the "line of prosperity", reflecting that the comprehensiveness and integrity of economic recovery is still insufficient. Zhuang Rui, a professor at the National Opening-up Research Institute of the University of International Business and Economics, believes that my country’s foreign trade still faces many challenges, but the supporting factors such as large external demand are obvious. With the formal entry into force of the Regional Comprehensive Economic Partnership Agreement (RCEP) and other positive factors in the future, the international The market share is expected to further expand; in terms of imports, the domestic consumer market still has a large room for quality improvement and upgrading, and my country's policy of firmly promoting opening up and supporting the development of foreign trade will continue to play a role. (Source: Xinhua News Agency reporter Xie Xiyao, China Trade News )
The total value of imports and exports in May has been slightly adjusted. What do you think?
Date:2021-06-08 Hits:85
