The general administration of customs released the foreign trades of the first eight months this year on September 7, 2020. According to the customs statistics, in the first eight months of 2020, gross import and export value amounted 20.05 trillion yuan, compared with the same time last year (deduction of the exchange rate factor. similarly hereinafter) decreased by 0.6%. Of which, exports 11.05 trillion yuan, increased 0.8%; imports 9 trillion yuan, decreased 2.3%.
In August, the customs statistical data demonstrated that gross imports and exports achieved 2.88 trillion yuan, increased 6% year-on-year. Of which, exports attained 1.65 trillion yuan, increased 1.65%; imports attained 1.23 trillion yuan, decreased 0.5%.