The General Administration of Customs data shows that in the first sev

Published: Aug 8, 2023 11:16

Save

The General Administration of Customs data shows that in the first seven months of this year, China's exports of machinery and electronic products totaled 7.83 trillion yuan, an increase of 4.4%, accounting for 58.1% of total exports. Among them, automatic data processing equipment and its components totaled 735.15 billion yuan, a decrease of 19.8%; mobile phones totaled 462.36 billion yuan, a decrease of 6.5%; and automobiles totaled 383.73 billion yuan, an increase of 118.5%. During the same period, exports of labor-intensive products totaled 2.34 trillion yuan, a decrease of 2.1%, accounting for 17.4%. Among them, clothing and accessories totaled 631.14 billion yuan, a decrease of 2.1%; textiles totaled 546.05 billion yuan, a decrease of 5.7%; and plastic products totaled 403.24 billion yuan, an increase of 1.5%.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

43 mins ago

Magnesium Prices Rise for Three Consecutive Sessions! Cost Side Remains "Burning Hot" While Demand Side Struggles to Take Over [SMM Commentary]

43 mins ago

1 hour ago

[ Canada to Impose 50% Retaliatory Tariff on US Steel ]

The Canadian government announced a 50% retaliatory tariff on United States exports of steel and aluminum, scheduled to take effect on September 8, 2026. The aggressive trade measure directly responds to the recent collapse of bilateral metal trade negotiations and the implementation of US tariffs. The cross-border penalties threaten to heavily disrupt integrated North American steel supply chains ahead of the fast-approaching deadline.

1 hour ago

[ Bharat Coking Coal Output Grows 2.8% in August ]

Bharat Coking Coal Limited (BCCL) announced that its coking coal production increased by 2.8% year-on-year to 2.18 million tonnes in August 2026. Despite a sharp 65.9% drop in non-coking coal output, the core metallurgical segment drove total raw coal production to 2.21 million tonnes for the month. Opencast mining operations were the primary contributors to this volume, generating 2.19 million tonnes of the total yield.

1 hour ago