China's imports and exports totaled 34.32 trillion yuan in the first 10 months of this year, up 0.03 percent year on year, according to data released by the General Administration of Customs. Of this total, exports were 19.55 trillion yuan, up by 0.4%; Imports were 14.77 trillion yuan, down 0.5%; Trade surplus increased by 3.2% to 4.78 trillion yuan. Imports of major commodities such as iron ore, crude oil, coal and natural gas increased.
In October, China's imports and exports reached 3.54 trillion yuan, up 0.9%. The monthly growth rate has declined for four consecutive months since June to increase by 0.9%, and the good trend of monthly imports and exports has been more consolidated.
Data show that in the first 10 months of this year, China imported 976 million tons of iron ore, an increase of 6.5%, the average import price of 782.6 yuan per ton, up 0.1%; 473 million tons of crude oil, up 14.4%, 4,144.2 yuan per ton, down 14.1%; 384 million tons of coal, up 66.8%, 788.8 yuan per ton, down 19.4%; Natural gas 96.508 million tons, up 8.8%, 3702.2 yuan per ton, down 9.6%; Imports of major commodities such as iron ore, crude oil, coal and natural gas increased.
