The general administration of customs released the foreign trades of the first seven months this year on August 7, 2020. According to the customs statistics, in the first seven months of 2020, gross import and export value amounted 17.16 trillion yuan, compared with the same time last year decreased by 1.7%. Of which, exports 9.4 trillion yuan, decreased 0.9%; imports 7.76 trillion yuan, increased 8.1%. Accumulation trade surplus attained 1.64 trillion yuan, increased 8.1%.
In July, the customs statistical data demonstrated that gross imports and exports achieved 2.93 trillion yuan, increased 6.5% year-on-year. Of which, exports attained 1.69 trillion yuan, increased 10.4%; imports attained 1.24 trillion yuan, increased 1.6%. The trade surplus attained 442.2 billion yuan, increased 45.9%.