General Administration of Customs, P.R. China:372.99 billion of the total value of furniture exports 2019

Year-on-year increase of 5.3%

According to recent statistics from the General Administration of Customs, according to customs statistics, the export value of furniture and parts in December was 41.05 billion yuan, an increase of 20% month-on-month, and the growth rate was 6.7 percentage points higher than that in November. It increased by 5.3% in 2018.

 

In 2019, the cumulative export value of furniture, lamps, lighting fixtures and parts, ceramic products and textile products related to the 4 home industry categories was 1.6 trillion yuan, an increase of 8.1% over 2018.

 

Overall, in 2019, China's total value of imports and exports of goods trade was 31.54 trillion yuan, an increase of 3.4% over 2018. Among them, exports of 17.23 trillion yuan, an increase of 5%; imports of 14.31 trillion yuan, an increase of 1.6%; trade surplus of 2.92 trillion yuan, an increase of 25.4%.

 

In December, China's total import and export value was 3.01 trillion yuan, a year-on-year growth rate of double-digits, which was 12.7%. Among them, exports were 1.67 trillion yuan, an increase of 9%; imports were 1.34 trillion yuan, an increase of 17.7%. In December, the scale of foreign trade imports and exports, exports, and imports all hit monthly historical peaks.

 

In 2019, China's export commodities are mainly mechanical and electrical products and labor-intensive products, and the proportion of mechanical and electrical products is close to 60%. During the same period, the export of clothing, textiles, furniture, footwear, plastic products, toys, luggage and other seven categories of labor-intensive products was 3.31 trillion yuan, an increase of 6.1%.

 

The European Union, ASEAN and the United States are China's top three trading partners. Import and export to the EU was 4.86 trillion yuan, an increase of 8%; imports and exports to ASEAN were 4.43 trillion yuan, an increase of 14.1%; and imports and exports to the United States were 3.73 trillion yuan, a decrease of 10.7%.

 

In addition, imports and exports to countries along the “Belt and Road” were 9.27 trillion yuan, an increase of 10.8%, which was 7.4 percentage points higher than the overall growth rate.

 

For the first time, private enterprises surpassed foreign-invested enterprises and became China's largest foreign trade entity, with exports accounting for more than 50%. In 2019, the import and export of private enterprises was 13.48 trillion yuan, an increase of 11.4%, accounting for 42.7% of China's total foreign trade value, an increase of 3.1 percentage points from 2018. Among them, exports were 8.9 trillion yuan, an increase of 13%; imports were 4.58 trillion yuan, an increase of 8.4%.

 

According to the latest data of the first ten months of the WTO, China's exports are the best among the top ten trading nations in the world.

 

At the same time, our trading partners are spreading all over the world. In 2019, while our growth in the main trading partners such as the European Union and ASEAN, we increased imports and exports to countries along the “Belt and Road” and emerging economic markets such as Africa and Latin America by 10.8%, 6.8%, and 8%.

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