The general administration of customs released the foreign trades of the first five months this year on June 7, 2020. According to the customs statistics, in the first five months of 2020, gross import and export value amounted 11.54 trillion yuan, compared with the same time last year (deduction of the exchange rate factor. similarly hereinafter) decreased by 4.9%. Of which, exports 6.2 trillion yuan, decreased 4.7%; imports 5.34 trillion yuan, decreased 5.2%. Accumulation trade surplus attained 85.98 billion yuan, decreased1.2%.
In May, the customs statistical data demonstrated that gross imports and exports achieved 2.47 trillion yuan, decreased 4.9% year-on-year. Of which, exports attained 1.46 trillion yuan, increased 1.4%; imports attained 1.01 trillion yuan, down by 12.7%. The trade surplus attained 442.8 billion yuan, increased 60.6%.