Source: General Administration of Customs (GACC) Release

Import and Export Industry Update

According to customs statistics, in the first five months of 2026, China’s total import and export value of goods reached RMB 20.68 trillion, a year-on-year increase of 15.3%. Exports stood at RMB 11.91 trillion, up 11.8%; imports reached RMB 8.77 trillion, up 20.5%. In May alone, the total import and export value of goods was RMB 4.45 trillion, growing by 16.9%. Exports were RMB 2.59 trillion (up 13.8%) and imports were RMB 1.86 trillion (up 21.5%).

By Trade Mode

In the first five months, general trade imports and exports totaled RMB 12.47 trillion, up 8.3%; processing trade reached RMB 3.95 trillion, up 22.9%; and bonded logistics trade hit RMB 3.59 trillion, surging by 41.8%.

By Trading Partners

China-ASEAN trade totaled RMB 3.52 trillion, up 16.6%. China-EU trade reached RMB 2.53 trillion, up 10.3%. China-US trade stood at RMB 1.61 trillion, down 6.6%. Meanwhile, China’s total trade with Belt and Road partner countries reached RMB 10.57 trillion, an increase of 13.6%.

By Ownership

Private enterprises recorded imports and exports of RMB 11.81 trillion, up 15.5%. Foreign-invested enterprises posted RMB 6.02 trillion, up 15.7%. State-owned enterprises saw imports and exports of RMB 2.81 trillion, up 14%.

By Key Commodities

Exports:​ Mechanical and electrical products exported totaled RMB 7.58 trillion, up 18.4%. Labor-intensive products fell by 3.1% to RMB 1.61 trillion. Agricultural exports rose 1.6% to RMB 300.79 billion.

Imports:​ Imports of mechanical and electrical products grew 25.3% to RMB 3.54 trillion. Crude oil imports fell 4.8% by volume to 218 million tons. Agricultural imports increased 7.6% to RMB 618.16 billion.