The Customs Statistics Of Export In The First Half Of The Year

- Jul 15, 2020-

Customs statistics of export in the first half of the year

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According to customs statistics, in the first half of this year, China's total import and export value of goods trade was 14.24 trillion yuan, a year-on-year decrease of 3.2%, 1.7 percentage points narrower than the previous five months. Among them, exports were 7.71 trillion yuan, down 3%; imports were 6.53 trillion yuan, down 3.3%. JUNON Switch’s total export amount in the last 6 months is less than last year, but not a big difference.

 

First, the import and export of foreign trade was better than expected. In June, both exports and imports achieved positive growth. In terms of the quarter, after the first quarter's shock, the import and export in the second quarter stabilized, with a year-on-year decrease of 0.2% and a decrease of 6.3% compared with the first quarter. From the monthly point of view, since April, exports have achieved positive growth for three consecutive months. In June, imports and exports increased by 5.1% year-on-year, including export growth of 4.3% and import growth of 6.2%.

Second, the import and export of private enterprises increased against the trend, playing a more prominent role in the steady growth of foreign trade.

 

Third, the import and export to ASEAN continued to grow, and ASEAN has become China's largest trading partner.

 

Fourth, the proportion of general trade import and export increased, and the structure of trade mode was continuously optimized.

 

Fifthly, the import and export of the central and western regions maintained growth, and the domestic regional layout was more balanced.

 

Sixth, the export of epidemic prevention materials and "housing economy" products increased rapidly, while the decline rate of electromechanical and labor-intensive products was lower than the overall decline.

 

Seventh, the volume of import and export freight increased, and the import of major commodities and key agricultural products increased.

 

Both import and export became regular in June.

And for JUNON switch, the situation was improved from April, we are confidence that in the next half year, we can do better and sell more of our switch and socket products to the world to increase our total export sales.