Original title: In 2021, my country’s foreign trade volume will break US$6 trillion for the first time and hit a new high
Our reporter Wu Shan
Trainee reporter Yang Jie
“In 2021, my country’s foreign trade import and export showed strong resilience, and delivered a dazzling transcript despite many difficulties and challenges.” On January 14, the spokesperson of the General Administration of Customs and the Division of Statistical Analysis Minister Li Kuiwen said at the press conference on the import and export situation for the whole year of 2021 held by the State Council Information Office.
According to customs statistics, the total value of my country’s import and export of goods trade in 2021 will be 39.1 trillion yuan, an increase of 21.4% over 2020. Among them, exports were 21.73 trillion yuan, an increase of 21.2%; imports were 17.37 trillion yuan, an increase of 21.5%.
The annual import and export scale has reached a new level, breaking the US$6 trillion mark for the first time. In 2021, in dollar terms, my country’s import and export scale will reach 6.05 trillion US dollars, and the increase in foreign trade will reach 1.4 trillion US dollars.
Judging from the monthly data, in terms of US dollars, my country’s total export value in December 2021 increased by 20.9% year-on-year, and the total value of imports increased by 19.5% year-on-year, with a trade surplus of 94.46 billion US dollars that month.
In December last year, foreign trade data was still improving. Tao Jin, deputy director of the Macroeconomic Research Center of Suning Financial Research Institute, said in an interview with a reporter from Securities Daily that the global epidemic is spreading, the gap between domestic and foreign production capacity is still large, and the demand for overseas commodities is still relatively strong. . In addition, in terms of imports, the recovery of domestic production capacity has increased the import of intermediate products, and the quantity has also increased under the condition of stable prices, indicating that the import structure has improved.
Wang Qing, chief macro analyst of Oriental Jincheng, told the “Securities Daily” reporter that the recent spread of overseas epidemics has played a certain supporting role in the continuation of my country’s high export growth. More importantly, under the global high inflation situation, the prices of my country’s export commodities are generally Rising, to promote a substantial increase in exports.
“Looking at the whole year, China’s foreign trade will continue to maintain a good trend of scale growth and structural improvement in 2021.” Tao Jin said that in terms of structure, the proportion of general trade with relatively higher added value has increased, trading partners have become more balanced, and trade dependence has decreased. , the foreign trade environment is more open, and private foreign trade enterprises have gradually become the main force. Affected by the global epidemic and the recovery of domestic production capacity, exports maintained a higher-than-expected growth in 2020 despite a relatively high growth rate. Imports, on the other hand, were affected by factors such as domestic industrial demand and rising prices of upstream raw materials, resulting in a significant recovery.
Looking forward to this year, Li Kuiwen said that foreign trade is faced with more uncertain, unstable and unbalanced factors. my country’s economic development is facing triple pressures of demand contraction, supply shocks, and weakening expectations. The global epidemic situation is still severe, the external environment has become more complex, severe and uncertain, and the recovery of international demand has slowed down. In addition, superimposing the factors of higher foreign trade base in 2021, the foreign trade operation in 2022 will face certain pressure.
“While facing up to difficulties and challenges, we must also see that my country’s economy is resilient, the fundamentals of long-term improvement will not change, and we have firm confidence in stabilizing the fundamentals of foreign trade.” Li Kuiwen said.
Bank of CommunicationsTang Jianwei, chief researcher of the Financial Research Center, told the “Securities Daily” reporter that looking forward to the foreign trade situation from January to February this year, in terms of exports, the epidemic in Europe and the United States will continue for some time, and my country’s export boom will continue; in terms of imports, the main focus is on international bulk commodities Price changes, as well as domestic energy, automotive chips and other demand factors, it is expected that imports will remain at a certain scale, and the year-on-year growth rate will drop.
What aspects should we focus on in the future?Hongta SecuritiesLi Qilin, director of the institute and chief economist, told reporters that the first is to pay attention to the withdrawal process of the US easing policy; the second is to pay attention to the impact of overseas supply chain repair on my country’s exports; the third is to pay attention to changes in the epidemic, which is still the largest economy in the world. disturbance term.
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