subject: Chinas Gac Issues Report On Recent Foreign Trade Statistics [print this page] According to a report on the latest situation of Chinas foreign trade issued by the General Administration of Customs (GAC) in October, the countrys exports in September reached a record high by posting 9.9 percent growth.
As forwarded by the report, Chinas imports and exports in September amounted to US$345.03 billion, up 6.3 percent year-on-year, among which:
Exports reached US$186.35 billion, up 9.9 percent, hitting a record high
Imports reached US$158.68 billion, up 2.4 percent
Trade surplus reached US$27.67 billion
For the first three quarters on 2012, exports of electromechanical products posted steady growth and exports of textiles and costumes grew slightly. Concurrently, imports of energy and resource products increased steadily, while import prices for iron ore, copper and aluminum declined sharply.
Over the same period, Chinas imports and exports reached US$2.84247 trillion, a 6.2 percent year-on year increase, among which:
Exports reached US$1.49539 trillion, a 7.4 percent year-on year increase
Imports reached US$1.34708 trillion, a 4.8 percent year-on year increase
Trade surplus reached US$148.31 billion
Meanwhile, the countrys imports and exports of general trade amounted to US$1.49897 trillion, up 5.9 percent, while the figure for processing trade stood at US$982.94 billion, up 2.2 percent.
Imports and exports by different types of enterprises in the first three quarters
Imports and exports of foreign-invested enterprises amounted to US$1.39947 trillion, up 2.2 percent, but 4 percentage points lower than the overall growth rate of Chinas foreign trade
Imports and exports of private enterprises (including collective, privately-owned and other enterprises) amounted to US$877.97 billion, up 18.8 percent and 12.6 percentage points higher than the overall growth rate of Chinas foreign trade
Imports and exports of state-owned enterprises amounted to US$565.03 billion, down 0.8 percent
Bilateral trade with major trade partners in the first three quarters
Bilateral trade with the European Union reached US$410.99 billion, a 2.7 percent decline
Bilateral trade with the United States reached US$355.42 billion, a 9.1 increase
Bilateral trade with the ASEAN reached US$288.87 billion, an 8.1 percent increase
Bilateral trade with Japan reached US$248.76 billion, a 1.8 decrease
Bilateral trade with Russia reached US$66.17 billion, a 14.2 percent increase
Bilateral trade with Brazil reached US$65.42 billion, a 5 percent increase
