According to customs statistics, 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%, while 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 goods amounted to 1.61 trillion yuan, a decrease of 3.1%; and agricultural products totaled 300.79 billion yuan, an increase of 1.6%. On the import side, during the first five months, China imported 3.54 trillion yuan worth of mechanical and electrical products, an increase of 25.3%; 218 million tons of crude oil, a decrease of 4.8%; and 618.16 billion yuan worth of agricultural products, an increase of 7.6%.