According to the latest statistics of the General Administration of customs, in the first five months of this year, China’s total import and export value was 9.16 trillion yuan, down 3.2% from the same period last year (the same below), and 1.6 percentage points lower than that of the previous four months. Among them, exports were 5.28 trillion yuan, down 1.8%, 0.9 percentage points; imports were 3.88 trillion yuan, down 5%, 2.5 percentage points; trade surplus was 1.4 trillion yuan, expanding by 8.2%.

Statistics show that in May, China’s total import and export value was 2.02 trillion yuan, up 2.8% year on year. Among them, export was 1.17 trillion yuan, up 1.2%; import was 847.1 billion yuan, up 5.1%; trade surplus was 324.77 billion yuan, narrowing by 7.7%.

Export situation

From January to may, China exported 4.11 million tons of plastic products, a year-on-year increase of 6.4%; the export amount was 95.87 billion yuan, with a year-on-year increase of 6.7%. In May, the export volume was 950000 tons, up 2.2% month on month; the export amount was 22.02 billion yuan, up 0.7% month on month.

Import situation

The import amount of primary plastics decreased by 10.51 billion yuan to 10.25 billion yuan. In May, the import volume was 2.05 million tons, down 6.4% month on month; the import amount was 21.71 billion yuan, down 2.8% month on month Import situation.

From January to may, China imported 2.27 million tons of natural and synthetic rubber (including latex), with a year-on-year increase of 40.9%; the import amount was 20.52 billion yuan, with a year-on-year increase of 17.2%. In May, the import volume was 470000 tons, a month on month decrease of 6%; the import amount was 4.54 billion yuan, basically unchanged on a month on month basis.