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JIANGSU SINO-GREAT TRADING CO.,LTD.

Contact: Manager Zhang

Mob: +86 137 7141 3260

Add:No.3, Luoyang North Road, Luoshe Town, Huishan District, Wuxi City

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Analysis of foreign trade import and export trade data in September 2016, the growth rate slowed down slightly!

Release Date: 2016-12-15 10:23:12 Visits: 450

1. The total amount of import and export trade has decreased significantly
Data show that in September 2016, my country''s total import and export volume was 2.17 trillion yuan, a year-on-year decrease of 2.4%. The year-on-year growth rate of imports and exports in September dropped significantly in August. Shanghai Mingyu''s analysis should be the factor for the exchange rate adjustment on August 11. Excluding the impact of exchange rate fluctuations, the growth rate of China''s foreign trade declined and stabilized. On the other hand, it also reflects the current weak demand in the international market, and China''s foreign trade is facing severe pressure.
2. The proportion of general trade imports and exports has increased. The proportion of the country''s total foreign trade in processing trade has further declined.
3. Mechanical and electrical products and traditional labor-intensive products are still China''s main export commodities.
4. Similar to previous years, from the perspective of major import and export trade, private enterprises are active in import and export trade.