The latest data released by the General Administration of Customs (GAC) shows that the total value of China's foreign trade in the first two months of 2025 amounted to RMB 6.54 trillion, demonstrating a solid trend. Despite the overall year-on-year slight decline of 1.2%, the export performance is bright, the scale of the same period in history hit a new high.
Key trade data at a glance
Specific data showed that exports amounted to 3.88 trillion yuan, up 3.4% year-on-year, while imports were 2.66 trillion yuan, down 7.3% year-on-year.If denominated in U.S. dollars, the total value of imports and exports was 909.37 billion U.S. dollars.
Analysis of trading partners
ASEAN continues to maintain the status of the largest trading partner, the total value of bilateral trade amounted to 1.03 trillion yuan, an increase of 4%. The European Union and the United States ranked second and third respectively, with a total trade value of 833.34 billion yuan and 733.67 billion yuan. It is worth noting that the trade of countries along the "Belt and Road" has maintained stable development.
Corporate Performance Highlights
Private enterprises performed outstandingly, with the total import and export value of 3.69 trillion yuan, up 2% year-on-year, accounting for 56.4%, up 1.8 percentage points from the same period last year, showing strong development vitality.
Import and export of key commodities
Exports of electromechanical products performed well, accounting for 60% of the total export value, amounting to 2.33 trillion yuan. Among them, high-tech products such as automatic data processing equipment and integrated circuits grew significantly. In terms of commodities, imports of coal and soybeans realized growth, indicating an active domestic demand market.
Author: Diligence
Xindashun International Logistics (Shenzhen) Co.
Tel: 13556688899
Address: 21B03, Jazz Building, No. 4018, Guinbin Road, Heping Community, Nanhu Street, Luohu District, Shenzhen, China.