China's Goods Trade Imports And Exports Increased

According to customs statistics, in the first two months of 2026, the total value of China's goods trade imports and exports was 7.73 trillion yuan, an increase of 18.3% compared to the same period last year. Among these, exports amounted to 4.62 trillion yuan, an increase of 19.2%; imports amounted to 3.11 trillion yuan, an increase of 17.1%.

From the perspective of trade methods, in the first two months, China's general trade imports and exports amounted to 4.78 trillion yuan, an increase of 13.5%; processing trade imports and exports amounted to 1.43 trillion yuan, an increase of 19.3%; and bonded logistics imports and exports amounted to 1.24 trillion yuan, an increase of 36.9%.

Looking at trade partners, in the first two months, the total trade value between China and ASEAN was 1.24 trillion yuan, an increase of 20.3%; the total trade value between China and the EU was 998.94 billion yuan, an increase of 19.9%; and the total trade value between China and the US was 609.71 billion yuan, a decrease of 16.9%. During the same period, China's total imports and exports with the countries participating in the Belt and Road Initiative amounted to 4.02 trillion yuan, an increase of 20%.

From the perspective of foreign trade entities, in the first two months, private enterprises had a total import and export value of 4.51 trillion yuan, an increase of 22.8%; foreign-invested enterprises had a total import and export value of 2.2 trillion yuan, an increase of 15.3%; and state-owned enterprises had a total import and export value of 1 trillion yuan, an increase of 7.4%.

Looking at key commodities, in terms of exports, in the first two months, China exported electromechanical products worth 2.89 trillion yuan, an increase of 24.3%; labor-intensive products worth 702.67 billion yuan, an increase of 15.6%; and agricultural products worth 120.01 billion yuan, an increase of 9.7%. In terms of imports, in the first two months, China imported electromechanical products worth 1.21 trillion yuan, an increase of 21.3%; 2.1 billion tons of iron ore, an increase of 10%; and 96.934 million tons of crude oil, an increase of 15.8%.