The general administration of customs released the foreign trades of the fourth quarter last year on January 14, 2021. According to the customs statistics, in the fourth quarter of 2020, gross import and export value amounted 32.16 trillion yuan, compared with the same time last year (deduction of the exchange rate factor. similarly hereinafter) increased by 1.9%. Of which, exports 17.93 trillion yuan, increased 4.0%; imports 14.22 trillion yuan, decreased 0.7%. Accumulation trade surplus attained 3.71 trillion yuan, increased 27.4%.