General Administration of Customs: China's goods trade import and export increased by 3.6% in the first 10 months.

On November 7th, the General Administration of Customs announced that in the first 10 months of 2025, China's goods trade continued to grow steadily, with a total value of 37.31 trillion yuan, an increase of 3.6% year-on-year. Out of this total, exports amounted to 22.12 trillion yuan, an increase of 6.2%, while imports were 15.19 trillion yuan, basically unchanged from the same period last year. In October, the total value of China's goods trade was 3.7 trillion yuan, a slight increase of 0.1%. Exports were 2.17 trillion yuan, a decrease of 0.8%, while imports were 1.53 trillion yuan, an increase of 1.4%, marking the fifth consecutive month of growth. Key points of China's import and export in the first 10 months: 1. General trade and processing trade saw growth in imports and exports. In the first 10 months, China's general trade import and export amounted to 23.64 trillion yuan, an increase of 2.3%, accounting for 63.4% of the total foreign trade value; processing trade import and export was 6.94 trillion yuan, an increase of 6.5%, accounting for 18.6%; and import and export under customs supervision was 5.34 trillion yuan, an increase of 5.5%. 2. Imports and exports to ASEAN and the EU increased. In the first 10 months, ASEAN was China's largest trading partner, with a total trade value of 6.18 trillion yuan, an increase of 9.1%, accounting for 16.6% of China's total foreign trade value. The EU was China's second largest trading partner, with a total trade value of 4.88 trillion yuan, an increase of 4.9%, accounting for 13.1% of China's total foreign trade value. The United States was China's third largest trading partner, with a total trade value of 3.38 trillion yuan, a decrease of 15.9%, accounting for 9% of China's total foreign trade value. During the same period, China's total import and export value with countries involved in the Belt and Road Initiative was 19.28 trillion yuan, an increase of 5.9%. 3. Imports and exports of private enterprises and foreign-invested enterprises increased. In the first 10 months, the import and export value of private enterprises was 21.28 trillion yuan, an increase of 7.2%, accounting for 57% of the total foreign trade value, an increase of 1.9 percentage points from the same period last year; the import and export value of foreign-invested enterprises was 10.91 trillion yuan, an increase of 2.9%, accounting for 29.3% of China's total foreign trade value; and the import and export value of state-owned enterprises was 5.04 trillion yuan, a decrease of 8.1%, accounting for 13.5% of China's total foreign trade value. 4. Electrical and mechanical products accounted for over 60% of exports, with significant growth in integrated circuits and automobile exports. In the first 10 months, China's exports of electrical and mechanical products were 13.43 trillion yuan, an increase of 8.7%, accounting for 60.7% of China's total export value. Among them, exports of automatic data processing equipment and components were 1.19 trillion yuan, a decrease of 0.7%; exports of integrated circuits were 1.16 trillion yuan, an increase of 24.7%; and automobile exports were 798.39 billion yuan, an increase of 14.3%. During the same period, exports of labor-intensive products were 3.38 trillion yuan, a decrease of 3%, accounting for 15.3% of China's total export value. Among them, exports of clothing and accessories were 905 billion yuan, a decrease of 3%; textile exports were 844.19 billion yuan, an increase of 1.8%; plastic products exports were 614.55 billion yuan, a decrease of 0.1%. Exports of agricultural machinery from Shenzhen were 598.98 billion yuan, an increase of 2%. 5. The prices of major imported commodities fell, while the import value of electrical and mechanical products increased. In the first 10 months, China imported 1.029 billion tons of iron ore, an increase of 0.7%, with an average price decrease of 10.7%; imported 471 million tons of crude oil, an increase of 3.1%, with an average price decrease of 12.1%; imported 388 million tons of coal, a decrease of 11%, with an average price decrease of 24.5%; imported 103 million tons of natural gas, a decrease of 6.2%, with an average price decrease of 8.8%; imported 95.682 million tons of soybeans, an increase of 6.4%, with an average price decrease of 11.1%; imported 34.193 million tons of refined oil, a decrease of 16.3%, with an average price decrease of 4.6%. In addition, imports of primary shape plastics were 22.12 million tons, a decrease of 7.6%, with an average price decrease of 0.6%; imports of unwrought copper and copper materials were 4.456 million tons, a decrease of 3.1%, with an average price increase of 5.7%. During the same period, the import value of electrical and mechanical products was 6.05 trillion yuan, an increase of 5.5%. This article is compiled from the official website of the General Administration of Customs; edited by GMTEight: Chen Xiaoyi.