China's Goods Trade Imports and Exports Rose 15.3% in the First Five Months of This Year

According to a report on the General Administration of Customs website, customs statistics show that in the first five months of 2026, China's total value of goods trade imports and exports reached 20.68 trillion yuan, up 15.3% year-on-year (same as below). Of this total, exports amounted to 11.91 trillion yuan, up 11.8%, while imports totaled 8.77 trillion yuan, up 20.5%. In May, the total value of China’s goods trade imports and exports reached 4.45 trillion yuan, up 16.9%. Of this, exports totaled 2.59 trillion yuan, up 13.8%; imports totaled 1.86 trillion yuan, up 21.5%.

By trade mode, in the first five months, China’s general trade imports and exports totaled 12.47 trillion yuan, up 8.3%; processing trade imports and exports totaled 3.95 trillion yuan, up 22.9%; and bonded logistics imports and exports totaled 3.59 trillion yuan, up 41.8%.

By trading partner, in the first five months, China’s total trade with ASEAN reached 3.52 trillion yuan, up 16.6%; trade with the EU totaled 2.53 trillion yuan, up 10.3%; and trade with the United States totaled 1.61 trillion yuan, down 6.6%. During the same period, China’s total imports and exports with countries participating in the Belt and Road Initiative reached 10.57 trillion yuan, an increase of 13.6%.

By trade entity, in the first five months, private enterprises recorded imports and exports of 11.81 trillion yuan, up 15.5%; foreign-invested enterprises recorded 6.02 trillion yuan, up 15.7%; and state-owned enterprises recorded 2.81 trillion yuan, up 14%.

By key commodities, on the export side, in the first five months, China exported 7.58 trillion yuan worth of mechanical and electrical products, up 18.4%; labor-intensive products totaled 1.61 trillion yuan, down 3.1%; and agricultural products reached 300.79 billion yuan, up 1.6%. On the import side, during the first five months, China imported 3.54 trillion yuan worth of mechanical and electrical products, up 25.3%; 218 million tons of crude oil, down 4.8%; and 618.16 billion yuan worth of agricultural products, up 7.6%.