The total value of imports and exports in the first quarter fell by 6.4% year-on-year. What is the trend of foreign trade throughout the year?

The total value of imports and exports in the first quarter fell by 6.4% year-on-year. What is the trend of foreign trade throughout the year?


Under the impact of the new crown pneumonia epidemic, what about my country's import and export data in the first quarter?


At the press conference of the State Council Information Office held on the morning of April 14, Li Kuiwen, spokesperson of the General Administration of Customs and director of the Statistics and Analysis Department, introduced that according to customs statistics, the total value of my country's import and export of goods in the first quarter was 6.57 trillion yuan, more than It was down 6.4% in the same period last year. Among them, exports were 3.33 trillion yuan, down 11.4%; imports were 3.24 trillion yuan, down 0.7%; trade surplus was 98.33 billion yuan, down 80.6%.


Specifically, there are six characteristics: first, imports and exports rebounded in March; second, ASEAN surpassed the European Union to become my country's largest trading partner; third, private enterprises' imports and exports fell slightly and their proportion increased; fourth, general trade imports and exports The proportion reached 60%; the fifth is that mechanical and electrical products and labor-intensive products are the main export commodities; the sixth is that the import of iron ore, crude oil, coal and other bulk commodities and meat and other key consumer goods for people's livelihood increased rapidly.


Among them, in the month of March, my country's foreign trade import and export was 2.45 trillion yuan, down 0.8% year-on-year, and the decline was 8.7 percentage points lower than that in January-February; among which exports were 1.29 trillion yuan, down 3.5%; imports were 1.16 trillion yuan, an increase of 2.4%.


Private enterprises, as an important part of my country's foreign trade industry, saw a small decline in imports and exports in the first quarter, but their proportion increased. Data show that in the first quarter, the import and export of private enterprises was 2.78 trillion yuan, down 2%, accounting for 42.4% of my country's total foreign trade value, an increase of 1.9 percentage points over the same period last year. Among them, exports were 1.71 trillion yuan, down 7.3%, accounting for 51.4% of the total export value; imports were 1.07 trillion yuan, an increase of 7.9%, accounting for 33.1% of the total import value.


Xiao Yaofei, a professor at the School of International Economics and Trade of Guangdong University of Foreign Studies, said in an interview with a reporter from China Business News that with the spread of the epidemic, the current main needs of the European and American markets are medical supplies and daily necessities. key". Coupled with the problems of the logistics supply chain, many products cannot get out.


Xiao Yaofei said that the epidemic is expected to have a very large impact on the second quarter. He analyzed that the first quarter was mainly affected by the domestic epidemic in the previous two months, and the supply side was greatly affected, while the second quarter was mainly affected by the demand side.


A number of business leaders who were interviewed also said that compared with the first quarter, they were more worried about the future impact. As an enterprise serving small and medium-sized enterprises to go digitally overseas, Xiao Bixiang, founder and chairman of Xiamen Gudao Group (Foreign Trade Niu), told the first Yicaijing reporter, except for daily necessities and medical supplies, other demand has been suspended, and the downward pressure on foreign trade exports will be great.


The head of the foreign trade export department of a small furniture export manufacturer in Quanzhou, Fujian told Yicai that customers in the United States and Greece had delayed the delivery time before, but the specific time had not been determined. In the Russian market, with the spread of the Russian epidemic, there are also some hidden concerns.

"We just shipped two containers yesterday, and there are still four left. Although they haven't said anything, we are also afraid of suspension and delay." He told reporters that some US orders had been delayed due to delayed delivery. , resulting in a backlog of payment for goods, and domestic suppliers have to pay the payment, which has caused great financial pressure.


Luo Xiaohua, an exporter of sanitary products and the president of Guangdong Meijie Group, also told the First Financial Reporter that the company is currently making previous orders, and there are still orders to be made in April and May, but there are fewer orders in June. "There is nothing to do now. We can only take one step at a time. For us this year, it is not a question of whether we have profits, but whether we can survive."


In the face of the epidemic that is still fermenting internationally, what is the trend of my country's foreign trade import and export throughout the year?

Li Kuiwen said at the press conference that although my country's imports and exports fell by 6.4% in the first quarter, the decline was significantly narrowed by 3.1 percentage points compared with the previous two months, and foreign trade imports and exports rebounded.


He said that the current global new crown pneumonia epidemic is still accelerating, which has caused a serious impact on the development of the world economy. Recently, the International Monetary Fund recently predicted that the global economy will experience a recession this year, and the World Trade Organization also predicted that the global trade in goods will decline significantly this year. The shrinking demand in the international market will inevitably have an impact on my country's foreign trade exports. Problems such as the reduction of new foreign trade orders have gradually emerged. The difficulties faced by my country's foreign trade development cannot be underestimated. But at the same time, we must also see that China's foreign trade has strong resilience and competitiveness, as well as the innovation and market development capabilities of Chinese enterprises.


Recently, various localities and departments have taken a series of measures to stabilize the development of foreign trade to help enterprises overcome difficulties, gradually open up international transportation channels, and stabilize the supply chain and industrial chain. "We are confident to stabilize the fundamentals of foreign trade and minimize the impact of the epidemic on my country's imports and exports," Li Kuiwen said.

Weighing, secretary of the Shanghai Municipal Federation of Socialist Party Group, also told reporters before that, in addition to paying attention to existing policies and self-help measures, foreign trade companies should focus on both current and medium and long-term preparations in order to cope with the impact of the global epidemic. How to turn a crisis into an opportunity in the next period of time, improve the independent innovation ability of enterprises and open up new fields of international cooperation are also issues that foreign trade enterprises need to pay attention to for a long time. He also suggested that foreign trade enterprises should open up as many new areas of cooperation with the international market as possible. In particular, it is necessary to consider actively communicating with some countries and markets where the epidemic situation is relatively mild, opening up the trade chain and smoothing the capital chain.


Xiao Yaofei said that for most foreign trade export companies, the second quarter was the most difficult. However, as the epidemic in Europe and the United States gradually reached its peak in April, the epidemic is expected to gradually ease in the later period. In addition, these places have adopted relatively strong measures to stimulate demand. It is expected that demand in the third quarter is expected to gradually recover, and even a relatively large rebound is expected.


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