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China's Import and Export Scale Surpasses 40 Trillion Yuan for the First Time, Maintaining Its Position as the World's No. 1 Trader of Goods for Six Consecutive Years



General Administration of Customs released data on the 13th: 2022 China's foreign trade import and export to withstand the impact of multiple factors beyond expectations, import and export scale, quality and efficiency synchronized to improve. The total value of annual import and export for the first time exceeded 40 trillion yuan mark, for six consecutive years to maintain the status of the world's first goods trading country.


Customs statistics show that the total value of China's import and export of trade in goods in 2022 was 42.07 trillion yuan, an increase of 7.7% over 2021. Among them, exports were 23.97 trillion yuan, up 10.5%; imports were 18.1 trillion yuan, up 4.3%. Quarter by quarter, the total value of imports and exports in the first and second quarters exceeded 9 trillion yuan and 10 trillion yuan respectively, the total value of imports and exports in the third quarter grew to 11.3 trillion yuan, and the total value of imports and exports in the fourth quarter continued to maintain the level of 11 trillion yuan. From the point of view of trade mode, general trade is growing fast and its proportion is rising.2022, China's general trade import and export of 26.81 trillion yuan, an increase of 11.5%, accounting for 63.7% of the total value of imports and exports, an increase of 2.2 percentage points over the previous year.