Import and export 2018

The total value of imports and exports of goods in 2018 reached 30.51 trillion yuan($4.61 trillion), up by 9.7 percent from the previous year. Of this total, the value of goods exported was 16.42 trillion yuan, up by 7.1 percent; the value of goods imported was 14.09 trillion yuan, up by 12.9 percent. The surplus of trade in goods reached 2.33 trillion yuan, down by 521.7 billion yuan from the previous year.

The total value of goods imported from and exported to countries along the Belt and Road was 8.37 trillion yuan, an increase of 13.3 percent over the previous year. Of the total, the value of goods exported was 4.65 trillion yuan, an increase of 7.9 percent; that of goods imported was 3.72 trillion yuan, an increase of 20.9 percent.

The total value of imports and exports of services in 2018 was 5.24 trillion yuan, up by 11.5 percent. The export value of services was 1.77 trillion yuan, up by 14.6 percent. The import value of services was 3.47 trillion yuan, up by 10.0 percent. The trade deficit in imports and exports of services was 1.71 trillion yuan.

In 2018, imports and exports of foreign-invested enterprises totaled US$ 1.97 trillion, up by 7.01 percent year-on-year, 5.54 percent lower than the growth rate of the country in the same period, accounting for 42.57 percent of the national total.

Exports of foreign-invested enterprises totaled US$ 1.04 trillion, up by 5.97 percent year on year, 3.93 percent lower than the growth rate of the country in the same period. Import of foreign-invested enterprises recorded US$ 932.1 billion, up by 8.18 percent year on year, 7.62 percent lower than the growth rate of the country in the same period.