China's import and export of goods trade increased by 3.6% in the first 10 months
According to customs statistics, in the first 10 months of 2025, China's goods trade continued to grow steadily, with a total import and export value of RMB 37.31 trillion, a year-on-year increase of 3.6%. Among them, exports amounted to 22.12 trillion yuan, an increase of 6.2%; Imports amounted to 15.19 trillion yuan, basically unchanged from the same period last year. In October, China's total import and export value of goods trade was 3.7 trillion yuan, an increase of 0.1%. Among them, exports amounted to 2.17 trillion yuan, a decrease of 0.8%; Imports amounted to 1.53 trillion yuan, an increase of 1.4%, marking the fifth consecutive month of growth.
The main characteristics of China's imports and exports in the first 10 months are:
1、 Growth in general trade and processing trade imports and exports
In the first 10 months, China's general trade imports and exports amounted to 23.64 trillion yuan, an increase of 2.3%, accounting for 63.4% of China's total foreign trade value; The import and export of processing trade reached 6.94 trillion yuan, an increase of 6.5%, accounting for 18.6%; The import and export of bonded logistics amounted to 5.34 trillion yuan, an increase of 5.5%.
2、 Growth in imports and exports to ASEAN and the European Union
In the first 10 months, ASEAN was my largest trading partner, with a total trade value of 6.18 trillion yuan, an increase of 9.1%, accounting for 16.6% of my total foreign trade value. The EU is my second largest trading partner, with a total trade value of 4.88 trillion yuan, an increase of 4.9%, accounting for 13.1% of my total foreign trade value. The United States is my third largest trading partner, with a total trade value of 3.38 trillion yuan, a decrease of 15.9%, accounting for 9% of my total foreign trade value.
Over the same period, China's imports and exports to countries jointly building the "the Belt and Road" totaled 19.28 trillion yuan, an increase of 5.9%.
3、 Import and export growth of private enterprises and foreign-invested enterprises
In the first 10 months, the import and export of private enterprises reached 21.28 trillion yuan, an increase of 7.2%, accounting for 57% of China's total foreign trade value, an increase of 1.9 percentage points compared to the same period last year; The import and export of foreign-invested enterprises reached 10.91 trillion yuan, an increase of 2.9%, accounting for 29.3% of China's total foreign trade value; The import and export of state-owned enterprises reached 5.04 trillion yuan, a decrease of 8.1%, accounting for 13.5% of China's total foreign trade value.
4、 Mechanical and electrical products account for over 60% of exports, with significant growth in exports of integrated circuits and automobiles
In the first 10 months, China's exports of mechanical and electrical products reached 1.343 trillion yuan, an increase of 8.7%, accounting for 60.7% of China's total export value. Among them, automatic data processing equipment and its components amounted to 1.19 trillion yuan, a decrease of 0.7%; Integrated circuits amounted to 1.16 trillion yuan, an increase of 24.7%; Automobiles amounted to 798.39 billion yuan, an increase of 14.3%. During the same period, the export of labor secret products reached 3.38 trillion yuan, a decrease of 3%, accounting for 15.3% of my total export value. Among them, clothing and clothing accessories amounted to 905 billion yuan, a decrease of 3%; Textiles amounted to 844.19 billion yuan, an increase of 1.8%; Plastic products amounted to 614.55 billion yuan, a decrease of 0.1%. The export of agricultural products reached 598.98 billion yuan, an increase of 2%.
5、 The import prices of major commodities have fallen, while the import value of mechanical and electrical products has increased
In the first 10 months, China imported 1.029 billion tons of iron ore, an increase of 0.7%, while the average import price decreased by 10.7%; Crude oil reached 471 million tons, an increase of 3.1%, while the average price decreased by 12.1%; 388 million tons of coal, a decrease of 11%, with an average price drop of 24.5%; Natural gas reached 103 million tons, a decrease of 6.2%, with an average price drop of 8.8%; 95.682 million tons of soybeans, an increase of 6.4%, with an average price decrease of 11.1%; Finished oil reached 34.193 million tons, a decrease of 16.3%, with an average price drop of 4.6%. In addition, 22.12 million tons of plastic in primary shapes were imported, a decrease of 7.6%, and the average price dropped by 0.6%; Unforged and rolled copper and copper materials totaled 4.456 million tons, a decrease of 3.1%, and an average price increase of 5.7%. During the same period, imported mechanical and electrical products amounted to 6.05 trillion yuan, an increase of 5.5%.