In the first five months, China's import and export of goods trade increased by 15.3%

According to customs statistics, in the first five months of 2026, China's total import and export value of goods trade was 20.68 trillion yuan, a year-on-year increase of 15.3%. Among them, exports amounted to 11.91 trillion yuan, an increase of 11.8%; Imports amounted to 8.77 trillion yuan, an increase of 20.5%. In May, China's total import and export value of goods trade was 4.45 trillion yuan, an increase of 16.9%. Among them, exports amounted to 2.59 trillion yuan, an increase of 13.8%; Imports amounted to 1.86 trillion yuan, an increase of 21.5%.

From the perspective of trade methods, in the first five months, China's general trade imports and exports amounted to 1.247 trillion yuan, an increase of 8.3%; The import and export of processing trade reached 3.95 trillion yuan, an increase of 22.9%; The import and export of bonded logistics reached 3.59 trillion yuan, an increase of 41.8%.

From the perspective of trading partners, in the first five months, the total trade value between China and ASEAN was 3.52 trillion yuan, an increase of 16.6%; The total trade value between China and the European Union is 2.53 trillion yuan, an increase of 10.3%; The total trade value between China and the United States was 1.61 trillion yuan, a decrease of 6.6%. Over the same period, China's imports and exports to countries jointly building the "the Belt and Road" totaled 10.57 trillion yuan, an increase of 13.6%.

From the perspective of foreign trade entities, in the first five months, the import and export of private enterprises reached 11.81 trillion yuan, an increase of 15.5%; Foreign invested enterprises imported and exported 6.02 trillion yuan, an increase of 15.7%; The import and export of state-owned enterprises reached 2.81 trillion yuan, an increase of 14%.

From the perspective of key commodities, in terms of exports, in the first five months, China's exports of mechanical and electrical products reached 7.58 trillion yuan, an increase of 18.4%; Labor secret products amounted to 1.61 trillion yuan, a decrease of 3.1%; Agricultural products amounted to 300.79 billion yuan, an increase of 1.6%. In terms of imports, in the first five months, China imported 3.54 trillion yuan worth of mechanical and electrical products, an increase of 25.3%; 218 million tons of crude oil, a decrease of 4.8%; Agricultural products amounted to 618.16 billion yuan, an increase of 7.6%.