The General Administration of Customs: In the first seven months, the total value of my country's goods trade imports and exports reached 30.13 trillion yuan, a year-on-year increase of 17.3%.
In the first seven months before 2026, the total value of my country's goods trade imports and exports reached 30.13 trillion yuan, a year-on-year increase of 17.3%.
In the first seven months of this year, Chinas goods trade import and export value grew by 17.3%
According to customs statistics, in the first seven months of 2026, China's total goods trade import and export value reached 30.13 trillion yuan, a year-on-year increase of 17.3%. Of this, exports amounted to 17.44 trillion yuan, growing by 14%; imports were 12.69 trillion yuan, increasing by 22%. In July, China's goods trade import and export value was 4.66 trillion yuan, an increase of 19.2%. Exports stood at 2.71 trillion yuan, growing by 17.8%; imports reached 1.95 trillion yuan, with a growth rate of 21.2%.
In terms of trade methods, in the first seven months, China's general trade import and export value reached 18.13 trillion yuan, growing by 10.2%; processing trade saw an import and export value of 5.81 trillion yuan, rising by 26.3%; and bonded logistics had an import and export value of 5.18 trillion yuan, increasing by 40.8%.
From the perspective of trade partners, in the first seven months, the total trade value between China and ASEAN was 5.14 trillion yuan, growing by 20%; trade between China and the EU reached 3.67 trillion yuan, an increase of 9.5%; and trade between China and the United States was 2.38 trillion yuan, a decrease of 1.6%. During the same period, China's total import and export value with countries involved in the Belt and Road Initiative reached 15.36 trillion yuan, an increase of 15.5%.
Regarding the main entities involved in foreign trade, in the first seven months, private enterprises had an import and export value of 17.16 trillion yuan, growing by 17.2%; foreign-invested enterprises reached 8.78 trillion yuan, increasing by 17.6%; and state-owned enterprises had an import and export value of 4.14 trillion yuan, growing by 17.3%.
Focusing on key commodities, in terms of exports, in the first seven months, China exported electromechanical products worth 11.12 trillion yuan, growing by 21.2%; labor-intensive products amounted to 2.37 trillion yuan, down by 1.4%; and Shenzhen Agricultural Power Group totaled 429.69 billion yuan, an increase of 3.7%. In terms of imports, during the first seven months, China imported electromechanical products valued at 5.31 trillion yuan, increasing by 29.7%; crude oil amounted to 283 million tons, a decrease of 13.2%; and Shenzhen Agricultural Power Group had imports worth 904.1 billion yuan, growing by 7.4%.
This article is compiled from the official website of the General Administration of Customs; GMTEight editor: Chen Siyu.
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