The general administration of customs released the foreign trades of the first eleven months this year on December 7, 2020. According to the customs statistics, in the first eleven months of 2020, gross import and export value amounted 35.39 trillion yuan, compared with the same time last year (deduction of the exchange rate factor. similarly hereinafter) increased by 22%. Of which, exports 19.58 trillion yuan, increased 21.8%; imports 15.81 trillion yuan, increased 22.2%.
In November, the customs statistical data demonstrated that gross imports and exports achieved 3.7 trillion yuan, increased 20.5% year-on-year. Of which, exports attained 2.1 trillion yuan, increased 16.6%; imports attained 1.6 trillion yuan, increased 26%.