China's exports in July decreased by 14.5%year -on -year, a decrease of new high since March 2020.
The latest data released by the General Administration of Customs on Tuesday (August 8) shows that China was exported at 281.76 billion (USD, Same as S $ 378.83 billion) in July in July, a year -on -year decrease of 14.5%, Imported $ 2011.6 billion, a year -on -year decrease of 12.4%.
In July, China fell year -on -year and export at the US dollar prices and exports.According to the estimates of Reuters, China declined by 12.5%year -on -year in July based on US dollars, and imports decreased by 5%year -on -year.
According to Agence France -Presse, China's decline in the US dollar valuation in July was a new high since February 2020.In February 2020, exports fell 17.2%. At that time, at the beginning of the outbreak of the crown disease, the economy fell into a comprehensive stop.
According to the data of the General Administration of Customs, the total trade value of China and the largest trading partner Asia Gyeongan (China -called ASEAN) in the first seven months of this year was 3.59 trillion yuan (RMB, the same below, about 6700, about 6700, about 6700, about 6700, about 6700, about 6700S $ 100 million), an increase of 2.8%, accounting for 15.3%of China's total foreign trade value.Among them, the export of Asia in Asia was 2.11 trillion yuan, an increase of 4.7%; imports from Asia in Asia were 1.48 trillion yuan, an increase of 0.2%.
China and the second largest trading partner EU trade value was 3.22 trillion yuan, a decrease of 0.1%, accounting for 13.7%.Among them, the EU exports were 2.08 trillion yuan, a decrease of 2.6%; the import of 1.14 trillion yuan from the EU, an increase of 5.1%; the trade surplus to the European Union was 94.334 billion yuan, narrowing by 10.5%.
While China's total trade value to the United States has declined, China has soared to a record high in July in July.The total bilateral trade volume in the first seven months of this year increased by 37%to $ 134 billion.
