In the first 8 months, China's import and export of goods trade increased by 17.6%

According to customs statistics, in the first eight months of 2026, China's total import and export value of goods trade was 34.78 trillion yuan, a year-on-year increase of 17.6%. Among them, exports amounted to 20.17 trillion yuan, an increase of 14.6%; Imports amounted to 14.61 trillion yuan, an increase of 22%. In August, China's total import and export value of goods trade was 4.65 trillion yuan, an increase of 19.8%. Among them, exports amounted to 2.73 trillion yuan, an increase of 18.6%; Imports amounted to 1.92 trillion yuan, an increase of 21.7%.

From the perspective of trade methods, in the first 8 months, China's general trade imports and exports amounted to 20.89 trillion yuan, an increase of 10.5%; The import and export of processing trade reached 6.75 trillion yuan, an increase of 26.4%; The import and export of bonded logistics reached 6 trillion yuan, an increase of 42.3%.

From the perspective of trading partners, in the first 8 months, the total trade value between China and ASEAN was 5.95 trillion yuan, an increase of 20.6%; The total trade value between China and the European Union is 4.2 trillion yuan, an increase of 8.1%; The total trade value between China and the United States is 2.76 trillion yuan, an increase of 1.3%. Over the same period, China's imports and exports to countries jointly building the "the Belt and Road" totaled 17.74 trillion yuan, up 15.9%.

From the perspective of foreign trade entities, in the first 8 months, the import and export of private enterprises reached 19.79 trillion yuan, an increase of 17.6%; The import and export of foreign-invested enterprises reached 10.15 trillion yuan, an increase of 18.1%; The import and export of state-owned enterprises reached 4.77 trillion yuan, an increase of 16.9%.

From the perspective of key commodities, in terms of exports, in the first 8 months, China's exports of mechanical and electrical products reached 12.91 trillion yuan, an increase of 21.9%; Labor secret products amounted to 2.74 trillion yuan, a decrease of 0.6%; Agricultural products amounted to 492.03 billion yuan, an increase of 4.2%. In terms of imports, in the first 8 months, China imported 6.21 trillion yuan worth of mechanical and electrical products, an increase of 31.6%; 321 million tons of crude oil, a decrease of 14.6%; Agricultural products amounted to 1.04 trillion yuan, an increase of 6.6%.