[Jiuzhi Plastics News] According to the latest statistics from China Customs, China’s total import and export value in the first quarter was 5.2 trillion yuan (the same below), down 5.9% from the same period last year. Among them, exports were 3 trillion yuan, down 4.2% year-on-year; imports were 2.2 trillion yuan, down 8.2% year-on-year; trade surplus was 810.2 billion yuan, up 8.5% year-on-year. In the month of March, China’s total import and export value was 1.91 trillion yuan, a year-on-year increase of 8.6%. Among them, exports were 1.05 trillion yuan, up 18.7% year-on-year; imports were 855.5 billion yuan, down 1.7% year-on-year; trade surplus was 194.6 billion yuan, compared with a surplus of 14.6 billion yuan in the same period last year. Exports In the first quarter, China exported 2.25 million tons of plastic products, a year-on-year increase of 4.9%; the export value was 53.02 billion yuan, a year-on-year increase of 3.8%. In March, the export volume was 770,000 tons, an increase of 32.8% from the previous month; the export value was 18.10 billion yuan, an increase of 36.3% from the previous month.
Imports In the first quarter, China imported 6.05 million tons of primary plastics, down 8.0% year-on-year; the import value was 61.09 billion yuan, down 11.9% year-on-year. In March, the import volume was 2.44 million tons, an increase of 52.5% from the previous month; the import value was 24.28 billion yuan, an increase of 48.2% from the previous month.
In the first quarter, China imported 1.3 million tons of natural and synthetic rubber (including latex), a year-on-year increase of 32.6%; the import value was 11.45 billion yuan, an increase of 6.3%. In March, imports were 540,000 tons, an increase of 74.2% from the previous month; the import value was 4.62 billion yuan, an increase of 65.6% from the previous month. China's General Administration of Customs said that China's export prices fell by 4.2% in the first quarter. It is estimated that China's trade price condition index for the first quarter of this year is 108.2, which means that China's export of a certain number of goods can be exchanged for 8.2% of imported goods, indicating China. Trade price conditions continue to improve.
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