In the first five months of 2024, my country's exports of integrated circuits and automobiles increased by more than 20% year-on-year, while mobile phone exports fell by 2.8%.

According to customs statistics on June 7, in the first five months of 2024, the total value of my country's import and export of goods trade (hereinafter referred to as "import and export") was 17.5 trillion yuan, a year-on-year (hereinafter referred to as "an increase of 6.3%). Among them, exports were 9.95 trillion yuan, an increase of 6.1%; imports were 7.55 trillion yuan, an increase of 6.4%; and the trade surplus was 2.4 trillion yuan, an increase of 5.2%. In terms of US dollars, in the first five months, my country's total import and export value was 2.46 trillion US dollars, an increase of 2.8%. Among them, exports were 1.4 trillion US dollars, an increase of 2.7%; imports were 1.06 trillion US dollars, an increase of 2.9%; and the trade surplus was 337.2 billion US dollars, an increase of 1.8%. IT Home attaches the following key points:

Export data

In the first five months of 2024, my country exported 5.87 trillion yuan of mechanical and electrical products, up 7.9%, accounting for 59% of the total export value. Among them, automatic data processing equipment and its parts were 554.46 billion yuan, up 9.9%; integrated circuits were 444.73 billion yuan, up 25.5%; automobiles were 329.7 billion yuan, up 23.8%; mobile phones were 329.68 billion yuan, down 2.8%.

During the same period, exports of labor-intensive products amounted to 1.69 trillion yuan, up 7.1%, accounting for 17%. Among them, clothing and clothing accessories amounted to 417.09 billion yuan, up 3.5%; textiles amounted to 405.82 billion yuan, up 6.1%; plastic products amounted to 311.67 billion yuan, up 12.1%. Exports of agricultural products amounted to 283.11 billion yuan, up 3.9%.

In addition, 44.655 million tons of steel were exported, an increase of 24.7%; 24.724 million tons of refined oil were exported, a decrease of 7.7%; and 9.648 million tons of fertilizers were exported, a decrease of 2.3%.

Import data

In the first five months, my country imported 514 million tons of iron ore, up 7%, with an average import price of 860.7 yuan per ton (the same below), up 8.1%; 229 million tons of crude oil, down 0.4%, at 4,310.9 yuan per ton, up 6.8%; 205 million tons of coal, up 12.6%, at 721.9 yuan per ton, down 18.1%; 54.276 million tons of natural gas, up 17.4%, at 3,504.6 yuan per ton, down 12.6%; 37.369 million tons of soybeans, down 5.4%, at 3,759.7 yuan per ton, down 15.5%; and 22.107 million tons of refined oil, up 20.1%, at 4,265.9 yuan per ton, up 5.2%.

In addition, 11.976 million tons of primary-shaped plastics were imported, up 1.3%, at 10,700 yuan per ton, down 1.3%; 2.327 million tons of unwrought copper and copper products were imported, up 8.8%, at 64,400 yuan per ton, up 5.9%.

During the same period, imports of electromechanical products amounted to 2.68 trillion yuan, up 11.9%. Among them, integrated circuits amounted to 213.65 billion, up 14.9%, with a value of 1.05 trillion yuan, up 17.1%; automobiles amounted to 271,000, down 4.5%, with a value of 107.24 billion yuan, down 13.4%.