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China’s export trade value rose 11.39% year-on-year in October

beijingwalker

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China’s export trade value rose 11.39% year-on-year in October
in International Shipping News 28/11/2020


In October 2020, the Maritime Silk Road Trade Index (STI) released by the Ningbo Shipping Exchange showed that the import and export trade index was 145.45 points,down 6.01% from the previous month and up 8.58% year-on-year; the export trade index was 164.44 points,down 1.07% from the previous month,an increase of 11.39% year-on-year;the import trade index was 126.12 points,down 11.85% month-on-month and up 5.07% year-on-year.

From January to October, China total import and export trade value was US$3,712.0 billion,a year-on-year decrease of 0.6%.The total export trade value was US$2,048.1 billion,a year-on-year increase of 0.4%;the total import trade value was US$1,663.9 billion,a year-on-year decrease of 1.8%.

China’s trade with continents
From January to October, the import and export trade value between China and Asia was US$1,909.8 billion, down 0.6% year-on-year, accounting for 51.5% of China’s total import and export value. The export trade value was 973.5 billion U.S. dollars, down 1.5% year-on-year; the import trade value was 936.3 billion U.S. dollars, up 0.2% year-on-year.



From January to October, the import and export trade value between China and Europe was US$726.0 billion, up 1.3% year-on-year, accounting for 19.6% of China’s total import and export value. The export trade value was 427.9 billion U.S. dollars, up 4.3% year-on-year; the import trade value was 298.0 billion U.S. dollars, down 2.7% year-on-year.



From January to October, the import and export trade value between China and Africa was US$150.2 billion, down 11.8% year-on-year, accounting for 4.0% of China’s total import and export value. The export trade value was 90.0 billion U.S. dollars, down 1.5% year-on-year; the import trade value was 60.2 billion U.S. dollars, down 23.7% year-on-year.

From January to October, the import and export trade value between China and North America was US$508.9 billion, a year-on-year increase of 1.3%, accounting for 13.7% of China’s total import and export value. The export trade value was 386.8 billion U.S. dollars, up 2.2% year-on-year; the import trade value was 122.1 billion U.S. dollars, down 1.8% year-on-year.




From January to October, the import and export trade value between China and Latin America was US$256.0 billion, a year-on-year decrease of 1.1%, accounting for 6.9% of China’s total import and export value. The export trade value was 118.5 billion U.S. dollars, down 4.4% year-on-year; the import trade value was 137.5 billion U.S. dollars, up 2.0% year-on-year.

From January to October, the import and export trade value between China and Oceania was US$160.1 billion, down 1.0% year-on-year, accounting for 4.3% of China’s total import and export value. The export trade value was 51.3 billion U.S. dollars, up 9.1% year-on-year; the import trade value was 108.8 billion U.S. dollars, down 5.1% year-on-year.

Thanks to Trump, China successfully increased export to while cut the import from US in 2020, let's salute Trump and throw him a farewell party.
China India trade stumbled down 10%, but since India is a very small trading partner (ranking 16th), so it doesn't matter at all to China overall trade volumes.
 
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Viet

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China’s export trade value rose 11.39% year-on-year in October
in International Shipping News 28/11/2020


In October 2020, the Maritime Silk Road Trade Index (STI) released by the Ningbo Shipping Exchange showed that the import and export trade index was 145.45 points,down 6.01% from the previous month and up 8.58% year-on-year; the export trade index was 164.44 points,down 1.07% from the previous month,an increase of 11.39% year-on-year;the import trade index was 126.12 points,down 11.85% month-on-month and up 5.07% year-on-year.

From January to October, China total import and export trade value was US$3,712.0 billion,a year-on-year decrease of 0.6%.The total export trade value was US$2,048.1 billion,a year-on-year increase of 0.4%;the total import trade value was US$1,663.9 billion,a year-on-year decrease of 1.8%.

China’s trade with continents
From January to October, the import and export trade value between China and Asia was US$1,909.8 billion, down 0.6% year-on-year, accounting for 51.5% of China’s total import and export value. The export trade value was 973.5 billion U.S. dollars, down 1.5% year-on-year; the import trade value was 936.3 billion U.S. dollars, up 0.2% year-on-year.



From January to October, the import and export trade value between China and Europe was US$726.0 billion, up 1.3% year-on-year, accounting for 19.6% of China’s total import and export value. The export trade value was 427.9 billion U.S. dollars, up 4.3% year-on-year; the import trade value was 298.0 billion U.S. dollars, down 2.7% year-on-year.



From January to October, the import and export trade value between China and Africa was US$150.2 billion, down 11.8% year-on-year, accounting for 4.0% of China’s total import and export value. The export trade value was 90.0 billion U.S. dollars, down 1.5% year-on-year; the import trade value was 60.2 billion U.S. dollars, down 23.7% year-on-year.

From January to October, the import and export trade value between China and North America was US$508.9 billion, a year-on-year increase of 1.3%, accounting for 13.7% of China’s total import and export value. The export trade value was 386.8 billion U.S. dollars, up 2.2% year-on-year; the import trade value was 122.1 billion U.S. dollars, down 1.8% year-on-year.




From January to October, the import and export trade value between China and Latin America was US$256.0 billion, a year-on-year decrease of 1.1%, accounting for 6.9% of China’s total import and export value. The export trade value was 118.5 billion U.S. dollars, down 4.4% year-on-year; the import trade value was 137.5 billion U.S. dollars, up 2.0% year-on-year.

From January to October, the import and export trade value between China and Oceania was US$160.1 billion, down 1.0% year-on-year, accounting for 4.3% of China’s total import and export value. The export trade value was 51.3 billion U.S. dollars, up 9.1% year-on-year; the import trade value was 108.8 billion U.S. dollars, down 5.1% year-on-year.

Thanks to Trump, China successfully increased export to while cut the import from US in 2020, let's salute Trump and throw him a farewell party.
China India trade stumbled down 10%, but since India is a very small trading partner (ranking 16th), so it doesn't matter at all to China overall trade volumes.
I see the US is still your largest trading partner. Not good. As for India, a good trend, that means we have the chance to export more to India.
@Nilgiri
 

beijingwalker

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I see the US is still your largest trading partner. Not good. As for India, a good trend, that means we have the chance to export more to India.
@Nilgiri
We can't refuse US buying from us, Trump buys more from China than all his predecessor. India is a small trading partner to China anyway and is experiencing a major economic recession, India now is the least capable to fight any wars, military or economic, against anyone.
 

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