The general administration of customs released the foreign trades of the first ten months this year on November 7, 2020. According to the customs statistics, in the first ten months of 2020¡ê?gross import and export value amounted 25.95 trillion yuan, compared with the same time last year (deduction of the exchange rate factor. similarly hereinafter) increased by 1.1%. Of which, exports 14.33 trillion yuan, increased 2.4%; imports 11.62 trillion yuan, decreased 0.5%. Accumulation trade surplus attained 2.71 trillion yuan¡ê?increased 16.9%.
In October, the customs statistical data demonstrated that gross imports and exports achieved 2.84 trillion yuan, increased 4.6% year-on-year. Of which, exports attained 1.62 trillion yuan, increased 7.6%; imports attained 1.22 trillion yuan, increased 0.9%. The trade surplus attained 40.18 billion yuan, increased 34.9%.