On December 8th, the General Administration of Customs released data showing that in the first 11 months of 2025, China's total import and export value of goods trade was 41.21 trillion RMB, a year-on-year increase of 3.6%. Among them, exports amounted to 24.46 trillion RMB, an increase of 6.2%; Imports amounted to 16.75 trillion RMB, an increase of 0.2%. In November, the growth rate of China's goods trade rebounded, with a total import and export value of 3.9 trillion RMB, an increase of 4.1%. Among them, exports amounted to 2.35 trillion RMB, an increase of 5.7%; Imports amounted to 1.55 trillion RMB, an increase of 1.7%.

In the first 11 months, China's general trade imports and exports amounted to 26.04 trillion RMB, an increase of 2.1%, accounting for 63.2% of China's total foreign trade value; The import and export of processing trade amounted to 7.74 trillion RMB, an increase of 7.3%, accounting for 18.8%; The import and export of bonded logistics amounted to 5.92 trillion RMB, an increase of 5.5%, accounting for 14.4%.

In the first 11 months, ASEAN was my largest trading partner, with a total trade value of 6.82 trillion RMB, an increase of 8.5%, accounting for 16.6% of my total foreign trade value. The EU is my second largest trading partner, with a total trade value of 5.37 trillion RMB, an increase of 5.4%, accounting for 13% of my total foreign trade value. The United States is my third largest trading partner, with a total trade value of 3.69 trillion RMB, a decrease of 16.9%, accounting for 8.9% of my total foreign trade value. Over the same period, China's imports and exports to countries jointly building the "the Belt and Road" totaled 21.33 trillion RMB, up 6%.

Mechanical and electrical products account for over 60% of exports, with significant growth in exports of integrated circuits and automobiles. In the first 11 months, China's exports of mechanical and electrical products reached 1.489 trillion RMB, an increase of 8.8%, accounting for 60.9% of China's total export value. Among them, automatic data processing equipment and its components amounted to 1.31 trillion RMB, a decrease of 1.3%; Integrated circuits reached 1.29 trillion RMB, an increase of 25.6%; Automobiles amounted to 896.91 billion RMB, an increase of 17.6%. During the same period, the export of labor secret products reached 3.7 trillion RMB, a decrease of 3.5%, accounting for 15.1% of my total export value. Among them, clothing and clothing accessories amounted to 987.26 billion RMB, a decrease of 3.7%; Textiles amounted to 931.33 billion RMB, an increase of 1.7%; Plastic products amounted to 677.6 billion RMB, a decrease of 0.5%. The export of agricultural products reached 670.21 billion RMB, an increase of 2%.

The import prices of major commodities have fallen, while the import value of mechanical and electrical products has increased. In the first 11 months, China imported 1.139 billion tons of iron ore, an increase of 1.4%, while the average import price decreased by 9.4%; Crude oil reached 522 million tons, an increase of 3.2%, while the average price decreased by 12.1%; 432 million tons of coal, a decrease of 12%, with an average price drop of 23.9%; LNG reached 114 million tons, a decrease of 4.7%, with an average price drop of 9.4%; Soybeans reached 104 million tons, an increase of 6.9%, while the average price decreased by 10.7%; Finished oil reached 38.433 million tons, a decrease of 14.5%, with an average price drop of 4.9%. In addition, 24.281 million tons of plastic in primary shapes were imported, a decrease of 7.8%, with an average price drop of 0.8%; Unforged copper and copper materials totaled 4.883 million tons, a decrease of 4.7%, and an average price increase of 6.4%. During the same period, imported mechanical and electrical products amounted to 6.69 trillion RMB, an increase of 5.5%.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.