The Zhitong Finance App learned that on November 10, data from the General Administration of Customs showed that in the first 10 months of 2026, China's total import and export value of goods trade was RMB 44.81 trillion, an increase of 20% over the same period last year (same below). Among them, exports amounted to 25.99 trillion yuan, an increase of 17.6%; imports amounted to 18.82 trillion yuan, an increase of 23.6%. In October, China's total import and export value of goods trade was 4.87 trillion yuan, an increase of 31.2%. Among them, exports amounted to 2.79 trillion yuan, an increase of 28.7%; imports amounted to 2.08 trillion yuan, an increase of 34.7%.
The original text is as follows:
China's imports and exports of goods trade increased by 20% in the first 10 months
According to customs statistics, in the first 10 months of 2026, China's total import and export value of goods trade was RMB 44.81 trillion, an increase of 20% over the same period last year (same). Among them, exports amounted to 25.99 trillion yuan, an increase of 17.6%; imports amounted to 18.82 trillion yuan, an increase of 23.6%. In October, China's total import and export value of goods trade was 4.87 trillion yuan, an increase of 31.2%. Among them, exports amounted to 2.79 trillion yuan, an increase of 28.7%; imports amounted to 2.08 trillion yuan, an increase of 34.7%.
Looking at trade methods, in the first 10 months, China's general trade imports and exports amounted to 26.8 trillion yuan, an increase of 13.2%; processing trade imports and exports amounted to 8.92 trillion yuan, an increase of 28.4%; and bonded logistics imports and exports amounted to 7.69 trillion yuan, an increase of 44.1%.
In terms of trading partners, in the first 10 months, the total value of trade between China and ASEAN was 7.68 trillion yuan, an increase of 24.2%; the total value of trade between China and the EU was 5.29 trillion yuan, an increase of 8.5%; and the total value of trade between China and the US was 3.59 trillion yuan, an increase of 6.3%. Over the same period, China's imports and exports to the “Belt and Road” countries totaled 22.88 trillion yuan, an increase of 18.5%.
Looking at foreign trade players, in the first 10 months, imports and exports of private enterprises amounted to 25.46 trillion yuan, an increase of 20.1%; imports and exports of foreign-invested enterprises amounted to 13.15 trillion yuan, an increase of 20.4%; and imports and exports of state-owned enterprises amounted to 6.12 trillion yuan, an increase of 19.1%.
Looking at key commodities, in terms of exports, in the first 10 months, China exported 16.81 trillion yuan of mechanical and electrical products, an increase of 25.2%; 3.45 trillion yuan of labor products, an increase of 2.4%; and 622.08 billion yuan of agricultural products, an increase of 3.9%. In terms of imports, in the first 10 months, China imported 8.17 trillion yuan of mechanical and electrical products, an increase of 35%; 400 million tons of crude oil, a decrease of 15.1%; and 1.29 trillion yuan of agricultural products, an increase of 4.6%.
This article was selected from the “General Administration of Customs” website, Zhitong Finance Editor: Feng Qiuyi.