Export data for 2023 lighting

2023-11-25

According to the general administration of customs, the total value of our 2023 and exports in October was 3.54 trillion yuan, up 0.9 percent year-on-year and down 5.3 percent month-on-month. Of this, exports were 1.97 trillion yuan, down 3.1 percent year-on-year and down 8.2 percent month-on-month. In dollar terms, imports and exports were $0.49 TN and $0.27 TN, down 2.5 per cent and 6.4 per cent respectively from a year earlier, while exports expanded by 0.3 percentage points from September's fall, the decline was 5.2% and 8.1% , respectively. Auto exports of US $10.274 billion, an increase of 45.05% year-on-year, to maintain a high level of growth, is the main driving force of export growth this month. In the first 10 months of the 2023, the total value of our country's imports and exports was 34.32 trillion yuan, basically the same as the same period last year, with exports of 1.955 billion yuan, a slight increase of 0.4% year on year. In dollar terms, imports and exports totaled US $4.90 trillion, down 6.0 percent year-on-year, of which exports were US $2.79 trillion, down 5.6 percent year-on-year. In the first 10 months of the 2023, China's exports of mechanical and electrical products reached 11.43 trillion yuan, up 2.8% year-on-year and accounting for 58.5% of the total export value. Overall exports weakened month-on-month, and continued to show a“Rising east and falling west” trend, in which the momentum of exports to ASEAN weakened significantly, exports to Russia remained high but the growth rate narrowed month by month, for economies such as Europe, the US and Japan, the trend continues. At the same time, the trend of import and export conflict, reflecting the gradual repair of domestic demand, but the external demand continued to shrink the situation.

Get the latest price? We will reply as soon as possible (within 12 hours)