The hottest import and export increased by 9 year-

2022-08-24
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In June, the import and export increased by 9% year-on-year, and the whole year will show a steady increase

the weak demand is reflected in the import and export data. Data released by the General Administration of Customs yesterday showed that China's total import and export value in June was 328.69 billion US dollars, an increase of 9% year-on-year. Among them, the export was 180.21 billion US dollars, an increase of 11.3%; Imports amounted to 148.48 billion US dollars, an increase of 6.3%; The trade surplus was US $31.73 billion, an increase of 42.9%, a 41 month high since February 2009

specifically, the year-on-year growth rate of import and export in June decreased by 4 and 6.4 percentage points respectively compared with the previous month, indicating that the internal growth momentum of import and export is still weak when the new advanced manufacturing plant of DNP in Suzhou, China is officially put into operation. Excluding seasonal factors, the export growth rate has fallen, and the import growth continues to decline: after the quarterly adjustment of exports in June, the quarter on quarter growth rate was 31.4%, lower than 34.6% in May; After the seasonal adjustment of imports, the quarter on quarter annual growth rate still maintained, and the problem of express delivery pollution became increasingly prominent. The negative growth level in May showed that the growth momentum of imports and exports was insufficient

due to strong exports and weak imports, the trade surplus increased significantly. However, due to doubts about the sustainability of the export rebound, it is unlikely that the trade surplus will continue to rise, which is difficult to form a significant support for the economy. Qilu Securities macro analyst Liu Qiyuan told this newspaper

Xie Yaxuan, director of macro research at China Merchants Securities Research and development center, said in an interview that although the export growth rate fell in June, it was relatively stable. The annual export growth rate is expected to be about 10.3%, slightly higher than the 10% growth target of the General Administration of customs, which is mainly due to the sustained and moderate recovery of the U.S. economy. In terms of imports, the growth rate was low in June, which was mainly related to the sluggish domestic demand, which was consistent with the current economic situation

at the same time, he judged that this trend might continue for some time. At present, there are differences about whether the economy bottomed out in the second quarter or the third quarter in China. We believe that the economy may rebound in the third quarter, but the rebound is not strong. In addition, the rising commodity prices will also restrain the import of enterprises. It is expected that the import growth rate of the whole year will be 9.5%, and the trade scale of the whole year will show a steady upward trend. Weak demand is reflected in import and export data. Data released by the General Administration of Customs yesterday showed that China's total import and export value in June was 328.69 billion US dollars, an increase of 9% year-on-year. Among them, the export was 180.21 billion US dollars, an increase of 11.3%; Imports amounted to 148.48 billion US dollars, an increase of 6.3%; The trade surplus was US $31.73 billion, an increase of 42.9%, a 41 month high since February 2009. Specifically, the year-on-year growth rate of import and export in June decreased by 4 and 6.4 percentage points respectively from the previous month, indicating that the internal growth momentum of import and export is still weak. Excluding seasonal factors, the export growth rate has fallen, and the import growth continues to decline: after the quarterly adjustment of exports in June, the quarter on quarter growth rate was 31.4%, lower than 34.6% in May; After the import seasonally adjusted, the quarter on quarter annual growth rate still maintained the negative growth level in May, indicating that the growth momentum of import and export is insufficient

due to strong exports and weak imports, the trade surplus increased significantly. However, due to doubts about the sustainability of the export rebound, there is a possibility that the trade surplus will continue to rise (3) it is not easy to do a good job of lubrication and governance, which is difficult to significantly support the economic composition with higher activity. Qilu Securities macro analyst Liu Qiyuan told this newspaper

Xie Yaxuan, director of macro research at China Merchants Securities Research and development center, said in an interview that although the export growth rate fell in June, it was relatively stable. The annual export growth rate is expected to be about 10.3%, slightly higher than the 10% growth target of the General Administration of customs, which is mainly due to the sustained and moderate recovery of the U.S. economy. In terms of imports, the growth rate was low in June, which was mainly related to the sluggish domestic demand, which was consistent with the current economic situation

at the same time, he judged that this trend might continue for some time. At present, there are differences about whether the economy bottomed out in the second quarter or the third quarter in China. We believe that the economy may rebound in the third quarter, but the rebound is not strong. In addition, the rising commodity prices will also restrain the import of enterprises. It is expected that the import growth rate of the whole year will be 9.5%, and the trade scale of the whole year will show a steady upward trend

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