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China’s import and export volume rose steadily in the first three quarters

In September 2021, the Maritime Silk Road Trade Index (STI) released by the Ningbo Shipping Exchange showed that the import and export trade index was 190.49 points,up 2.72% from the previous month and up 23.10% year-on-year; the export trade index was 211.97 points,up 3.88% from the previous month,an increase of 27.52% year-on-year;the import trade index was 168.63 points,up 1.27% month-on-month and up 17.86% year-on-year.

From January to June, China total import and export trade value was US$2,781.6 billion,a year-on-year increase of 37.1%.The total export trade value was US$1,519.3 billion,a year-on-year increase of 38.3%;the total import trade value was US$1,262.3 billion,a year-on-year increase of 35.6%.

China’s trade with continents
From January to September, the import and export trade value between China and Asia was US$2,203.8 billion, up 29.8% year-on-year, accounting for 50.5% of China’s total import and export value. The export trade value was 1,127.0 billion U.S. dollars, up 30.6% year-on-year; the import trade value was 1,076.8 billion U.S. dollars, up 28.8% year-on-year.

From January to September, the import and export trade value between China and Europe was US$846.0 billion, up 30.7% year-on-year, accounting for 19.4% of China’s total import and export value. The export trade value was 497.3 billion U.S. dollars, up 30.6% year-on-year; the import trade value was 348.7 billion U.S. dollars, up 30.9% year-on-year.

From January to September, the import and export trade value between China and Africa was US$184.2 billion, up 37.7% year-on-year, accounting for 4.2% of China’s total import and export value. The export trade value was 107.8 billion U.S. dollars, up 35.1% year-on-year; the import trade value was 76.5 billion U.S. dollars, up 41.6% year-on-year.

From January to September, the import and export trade value between China and North America was US$603.1 billion, a year-on-year increase of 34.9%, accounting for 13.8% of China’s total import and export value. The export trade value was 449.1 billion U.S. dollars, up 32.4% year-on-year; the import trade value was 154.0 billion U.S. dollars, up 42.7% year-on-year.

From January to September, the import and export trade value between China and Latin America was US$328.9 billion, a year-on-year increase of 45.3%, accounting for 7.5% of China’s total import and export value. The export trade value was 163.7 billion U.S. dollars, up 58.1% year-on-year; the import trade value was 165.1 billion U.S. dollars, up 34.5% year-on-year.

From January to September, the import and export trade value between China and Oceania was US$197.7 billion, up 38.6% year-on-year, accounting for 4.5% of China’s total import and export value. The export trade value was 57.1 billion U.S. dollars, up 26.7% year-on-year; the import trade value was 140.7 billion U.S. dollars, up 44.0% year-on-year.
Source: Nigbo Shipping Exchange

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