Press Release
According to customs statistics, in the first 10 months of 2025, China’s trade in goods continued to grow steadily, with a total import and export value of 37.31 trillion yuan, a year-on-year increase of 3.6% (the same below). Among them, exports were 22.12 trillion yuan, an increase of 6.2%; imports were 15.19 trillion yuan, basically the same as the same period last year. In October, China’s total import and export value of goods trade was 3.7 trillion yuan, an increase of 0.1%. Among them, exports were 2.17 trillion yuan, a decrease of 0.8%; imports were 1.53 trillion yuan, an increase of 1.4%, which has been increasing for five consecutive months.
The main characteristics of China’s import and export in the first 10 months:
1. Growth of imports and exports of general trade and processing trade
In the first 10 months, the import and export of general trade was 23.64 trillion yuan, an increase of 2.3%, accounting for 63.4% of the total foreign trade value; the import and export of processing trade was 6.94 trillion yuan, an increase of 6.5%, accounting for 18.6%; the import and export of bonded logistics was 5.34 trillion yuan, an increase of 5.5%.
2. Growth of imports and exports to ASEAN and the EU
In the first 10 months, ASEAN was China’s largest trading partner. The total trade value between China and ASEAN was 6.18 trillion yuan, an increase of 9.1%, accounting for 16.6% of the total foreign trade value. The EU is China’s second largest trading partner. The total trade value between China and the EU was 4.88 trillion yuan, an increase of 4.9%, accounting for 13.1% of the total foreign trade value.
3. Import and export growth of private enterprises and foreign-invested enterprises
In the first 10 months, the import and export of private enterprises was 21.28 trillion yuan, an increase of 7.2%, accounting for 57% of the total foreign trade value, 1.9 percentage points higher than the same period last year; the import and export of foreign-invested enterprises was 10.91 trillion yuan, an increase of 2.9%, accounting for 29.3% of the total foreign trade value; the import and export of state-owned enterprises was 5.04 trillion yuan, a decrease of 8.1%, accounting for 13.5% of the total foreign trade value.
4. Mechanical and electrical products accounted for more than 60% of exports, and exports of integrated circuits and automobiles grew significantly.
5. The import prices of major commodities fell, while the import value of mechanical and electrical products increased.
More info: https://www.sinosteel-pipe.com/en/blog-5662620069368915.html
Web: https://www.sinosteel-pipe.com
email: [email protected]
