General Administration of Customs released data on the 7th: the first 11 months of this year, the total value of China's import and export of goods trade 38.34 trillion yuan, an increase of 8.6%. Among them, exports of 21.84 trillion yuan, up 11.9%; imports of 16.5 trillion yuan, up 4.6%; trade surplus of 5.34 trillion yuan, an expansion of 42.8%.

From the trade mode, general trade imports and exports to maintain double-digit growth. In the first 11 months, China's general trade imports and exports 24.47 trillion yuan, an increase of 12.4%, accounting for 63.8% of China's total foreign trade, an increase of 2.2 percentage points over the same period last year.

From the perspective of trade partners, ASEAN is still China's largest trading partner. In the first 11 months, China's total trade with ASEAN was 5.89 trillion yuan, an increase of 15.5%, accounting for 15.4% of China's total foreign trade value. The EU is China's second largest trading partner, with the EU trade value of 5.17 trillion yuan, an increase of 7%, accounting for 13.5%. The total value of trade between China and the United States was 4.62 trillion yuan, an increase of 4.8%, accounting for 12%; the total value of trade between China and South Korea was 2.22 trillion yuan, an increase of 4.7%, accounting for 5.8%.

It is worth mentioning that China's trade with countries along the "Belt and Road" is becoming increasingly close. During the same period, China's combined import and export of 12.54 trillion yuan to countries along the "Belt and Road", an increase of 20.4%, the year-on-year growth rate of 11.8 percentage points higher than the overall growth rate of national foreign trade, pulling the overall import and export growth of 6 percentage points.

From the main body of foreign trade, private enterprises import and export rapid growth. The first 11 months, the country's import and export performance of 497,500 private enterprises, an increase of 7.3%, a total of 19.41 trillion yuan of imports and exports, an increase of 13.6%, accounting for 50.6% of the total value of China's foreign trade in the same period, an increase of 2.2 percentage points over the same period last year, continue to play a foreign trade "main force" role.

From the point of view of the type of export products, mechanical and electrical products and labor-intensive products exports have achieved growth. Among them, the increase in exports of high-tech products is a major highlight: the first 11 months, China's electric passenger cars, lithium batteries, solar cells and other products exports grew by 128%, 86.6% and 74.3%, reflecting the upgrading and optimization of China's export structure.

Imports, iron ore imports fell in volume and price, crude oil, coal, natural gas and soybeans and other imports decreased in volume and price.