According to customs statistics, in the first seven months of 2025, China's total import and export value of goods trade was 25.7 trillion yuan, an increase of 3.5% year-on-year (the same below). Among them, exports were 15.31 trillion yuan, an increase of 7.3%; imports were 10.39 trillion yuan, a decrease of 1.6%, with the decline narrowing by 1.1 percentage points compared to the first half of the year.

In July, China's total value of goods trade imports and exports reached 3.91 trillion yuan, up 6.7%. Of this, exports totaled 2.31 trillion yuan, up 8%; imports reached 1.6 trillion yuan, up 4.8%, marking two consecutive months of growth.

Key features of China's imports and exports in the first seven months:

Ⅰ. Growth in general trade and processing trade imports and exports

In the first seven months, China's general trade imports and exports reached 16.44 trillion yuan, up 2.1%, accounting for 64% of China's total foreign trade value. Of this, exports reached 10.11 trillion yuan, up 7.4%; imports reached 6.33 trillion yuan, down 5.4%. During the same period, processing trade imports and exports reached 4.6 trillion yuan, up 6.3%, accounting for 17.9%. Of this, exports totaled 2.84 trillion yuan, up 3.8%; imports reached 1.76 trillion yuan, up 10.5%. Additionally, China's imports and exports under bonded logistics reached 3.69 trillion yuan, up 6%. Of this, exports totaled 1.52 trillion yuan, up 14.1%; imports reached 2.17 trillion yuan, up 1%.

Ⅱ. Growth in Trade with ASEAN and the EU

In the first seven months, ASEAN was China's largest trading partner, with total trade value reaching 4.29 trillion yuan, up 9.4%, accounting for 16.7% of China's total foreign trade value. The EU was China's second-largest trading partner, with total trade value reaching 3.35 trillion yuan, up 3.9%, accounting for 13% of China's total foreign trade value. The United States was China's third-largest trading partner, with total trade value reaching 2.42 trillion yuan, a decrease of 11.1%, accounting for 9.4% of China's total foreign trade value.

During the same period, China's total imports and exports with countries participating in the Belt and Road Initiative reached 13.29 trillion yuan, an increase of 5.5%.

Ⅲ. Growth in imports and exports of private enterprises and foreign-invested enterprises

In the first seven months, imports and exports of private enterprises reached 14.68 trillion yuan, an increase of 7.4%, accounting for 57.1% of China's total foreign trade value, an increase of 2.1 percentage points compared to the same period last year. Among them, exports reached 10.04 trillion yuan, an increase of 8.7%, accounting for 65.6% of China's total exports; imports reached 4.64 trillion yuan, up 4.7%, accounting for 44.7% of China's total imports. During the same period, foreign-invested enterprises' imports and exports reached 7.46 trillion yuan, up 2.6%, accounting for 29% of China's total foreign trade value. Of this, exports reached 4.1 trillion yuan, up 4.9%; imports reached 3.36 trillion yuan, down 0.1%. State-owned enterprises' imports and exports totaled 3.49 trillion yuan, down 8.8%, accounting for 13.6% of China's total foreign trade value. Of this, exports reached 1.13 trillion yuan, up 3.2%; imports totaled 2.36 trillion yuan, down 13.6%.

Ⅳ. Machinery and electrical products accounted for 60% of exports, with exports of automatic data processing equipment and its components, integrated circuits, and automobiles growing

In the first seven months, China's exports of machinery and electrical products reached 9.18 trillion yuan, up 9.3%, accounting for 60% of total exports. Among these, exports of automatic data processing equipment and their components reached 823.62 billion yuan, up 1.1%; integrated circuits reached 778.45 billion yuan, up 21.8%; and automobiles reached 513.46 billion yuan, up 10.9%. During the same period, exports of labor-intensive products totaled 2.41 trillion yuan, a decrease of 0.8%, accounting for 15.7% of total exports. Among these, clothing and accessories reached 636.79 billion yuan, up 0.9%; textiles reached 590.07 billion yuan, up 2.7%; and plastic products reached 438.9 billion yuan, up 0.5%. Exports of agricultural products reached 414.66 billion yuan, up 2.9%.

Ⅴ. Import prices for major commodities such as iron ore, crude oil, coal, and natural gas declined, while the value of imported machinery and electrical products increased

In the first seven months, China imported 697 million tons of iron ore, a decrease of 2.3%, with the average import price falling by 15%; 327 million tons of crude oil, an increase of 2.8%, with the average price falling by 12.7%; coal imports totaled 257 million tons, a decrease of 13%, with the average price falling by 24%; natural gas imports reached 70.144 million tons, a decrease of 6.9%, with the average price falling by 6.7%; soybean imports amounted to 61.035 million tons, an increase of 4.6%, with the average price falling by 12.5%; and refined oil imports totaled 23.391 million tons, a decrease of 16.6%, with the average price falling by 4%. Additionally, imports of primary-shaped plastics totaled 15.923 million tons, a decrease of 5%, with the average price falling by 0.5%; unprocessed copper and copper products totaled 3.113 million tons, a decrease of 2.6%, with the average price rising by 4.9%. During the same period, imports of machinery and electrical products totaled 4.09 trillion yuan, an increase of 5.8%.