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The latest import and export data released: these countries rebounded strongly!
Dec 04,2023
Recently, many countries released the latest trade data, showing that exports began to bottom out. China's foreign trade is also expected to achieve positive growth.
However, there are also a few countries foreign trade is still sluggish, import and export data have shrunk to varying degrees.
Multi-country export growth recovery
Vietnam:October commodity exports rebound
latest data from vietnam's ministry of industry and trade show that,Exports and imports of goods totaled about $61.62 billion billion in October, up 4.1 percent month-on-month and 5.6 percent year-on-year.in terms of commodity exports,In October, merchandise exports have rebounded., about up$32.3 billion, up 5.3 percent quarter-on-quarter.
previously,Vietnam for two consecutive months (August and September) exports exceeded $30 billion per month, above the average for the first nine months of the year.IfExports in the fourth quarter of 2023 will remain at a monthly level of US $30 billion, and this year's exports may reach about US $350 billion.
South Korea:October exports rise for first time in more than a year
According to data released by the South Korea Customs Office, driven by strong auto exports and signs of improvement in the chip industry,South KoreaExports rose 5.1 per cent in October from a year earlier to $55 billion, the first rebound in 13 months.Imports decline9.7 per cent, to $53.4 billion.Achieve trade surplus in the month1.64 billion, the fifth consecutive month of surplus.
From an industry perspective,Auto export growth19.8, 16 consecutive months of year-on-year growth, leading the overall export growth.export growth of machinery products10.4 per cent, and exports of household electrical appliances increased by 5.8 per cent. Chip exports still fell by 3.1 percent, but that was the smallest decline since August 2022, sparking optimism about a future recovery.
India:October exports up 6.21 percent
According to the Indian Express, figures released by the government show that,India's merchandise exports rose 6.21 percent in October to $33.57 billion billion.Imports for the month increased65.03 billion, compared with $57.91 billion in October 2022.In October, India's trade deficit widened to a record high of $31.46 billion from $19.37 billion in September.
Turkey:October exports record
A few days ago, according to data released by the Turkish Ministry of Trade, compared with the same period last year,This yearturkey's exports rose 7.4 percent to 22.9 billion billion dollars in October,This makes Turkey inOctober reached the highest export volume in history.
Uruguay:October exports up 14 percent
Uruguay's El PaisReported on November 2,In October, Ukraine's exports were 0.96 billion U.S. dollars, up 14% year-on-year,Get rid of continuous12 months of declineExports of pulp, rice, live cattle and wheat increased.
Among them, live cattle exports were26 million U.S. dollars, and exports have tripled year-on-year. The cumulative export value in the first 10 months was 9.47 billion US dollars, down 16% year on year.
Uzbekistan:From January to October, exports increased by 30%
Information on the website of the Statistics Agency of Uzbekistan,From January to October 2023, Ukraine's foreign trade volume was about US $51 billion, up 25.2 percent year-on-year and US $10.3 billion billion.Of these, imports are about30.5 billion US dollars, up 22.7 per cent year-on-year. Exports are about US $20.47 billion, up 29.1 per cent year-on-year.
China continues to maintain its status as Ukraine's largest trading partner, with a trade volume of about10.8 billion billion U.S. dollars, accounting for 21.2 percent of Ukraine's foreign trade.
China's foreign trade, steady growth
According to customs statistics,In the first three quarters of 2023, China's total import and export value was 30.8 trillion billion yuan, down 0.2 percent year-on-year. Among them, exports were 17.6 trillion yuan, up 0.6 percent year-on-year. Imports were 13.2 trillion yuan, down 1.2 percent year-on-year.
At the same time,According to customs statistics, in the first three quarters, China's foreign trade exports achieved0.6 percent growth.especiallyIn August and September, the export scale expanded continuously, increasing by 1.2 and 5.5 respectively.
In the current environment,The growth of trade scale means that China's foreign trade import and export is more basic and more supportive, showing the strong resilience and comprehensive competitiveness of China's foreign trade.
Exports from a few countries continue to decline
Brazil:Both imports and exports fell in October.
Brazilian Foreign Trade Secretariat (Secex) data shows that,This yearOctober BrazilExport29.484 billion U.S. dollars, down 0.7 percent year-on-year (the same below),Imports$20.525 billion, down 20.9 percent, trade surplus$8.958 billion, up 140.1 percent.According to the Foreign Trade Secretariat, Brazil's trade surplus this year may reach93 billion dollars.
Singapore:Non-oil exports fall 3.4 percent in October
The Singapore Enterprise Development Board recently released data,Non-oil exports fell 3.4 per cent in October from a year earlier, with an estimated decline of 6.0 per cent; they rose 3.4 per cent month-on-month, with an estimated growth of 2.0 per cent. Singapore's exports of electronic products fell 5.6 per cent in October from a year earlier.
Bosnia-Herzegovina: former10-month exports down 6.5 percent
According to data from the National Bureau of Statistics of Bosnia and Herzegovina, before this yearIn 10 months, Bosnia and Herzegovina exported DM 14.064 billion, down 6.5 per cent year-on-year, and imported DM 23.168 billion, down 2.3 per cent year-on-year.The coverage ratio of exports to imports is60.7 per cent, with a foreign trade deficit of DM 9.105 billion.
Iran:Non-oil exports down slightly in March-October
According to the Iranian Customs Administration,From March to October 2023, Iran's non-oil trade volume was 64.4 billion billion U.S. dollars, up 6.2 percent year-on-year. among them,Non-oil exports$28.3 billion, down about 1% year-on-year,The largest export market is China ($8 billion).
During the same period, Iran's non-oil imports36.1 billion billion U.S. dollars, up 12.6 percent year-on-year,The top five import source countries are UAE (11 billion), China ($10.4 billion), Turkey ($3.8 billion), Germany ($1.2 billion) and India ($1.1 billion).
The General Administration of Customs of Iran pointed out that due to the decline in the price of petrochemical products, although Iran's non-oil exports continued to grow, exports declined.
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