Cui Dongshu: China's total import and export volume in August was 541.3 billion US dollars, with automobiles leading the high-quality growth in exports.
According to the Securities Times app, on September 21, Cui Dongshu stated in a post that the General Administration of Customs recently released the import and export data for January-August 2025. In August, China's total import and export volume was 541.3 billion USD, a year-on-year increase of 3.1%. Among them, the total export volume was 321.8 billion USD, a year-on-year increase of 4.4%, maintaining positive growth for 6 consecutive months. In August, China's exports to the United States decreased by 33.1% year-on-year. In August, China's exports to Hong Kong, Vietnam, India, and other countries made significant contributions, while Australia, South Korea, Brazil, Switzerland, South Korea, and Chile had relatively large trade deficits. The entry of Chinese automobiles into the market will have a better trade balance effect. In terms of export categories and prices, the export prices of clothing, shoes, hats, mobile phones, and tires have declined rapidly, while industries such as motorcycles with higher quality development and good performance of the automotive industry have shown a strong performance in the global consumer goods market.
Latest
2 m ago