Down 0.2%, China's furniture exports from January to February were 71.53 billion yuan

The General Administration of Customs of China released the import and export situation for January-February 2022 on March 7 (in RMB). down 0.2%

According to customs statistics, from January to February this year, the cumulative export value of Chinese furniture and its parts was 71.53 billion yuan, a year-on-year decrease of 0.2%.

In terms of lighting, the cumulative export value of lamps, lighting devices and their parts from January to February was 46.76 billion yuan, a year-on-year decrease of 8.2%.

In terms of ceramics, the cumulative export value of ceramic products from January to February was 29.07 billion yuan, a year-on-year increase of 9%.

In terms of textiles, the cumulative export value of textile yarns, fabrics and their products from January to February was 157.7 billion yuan, a year-on-year increase of 9.3%.

The total value of exports increased by 13.6% year-on-year

In general, according to customs statistics, in the first two months of this year, China's total import and export value was 6.2 trillion yuan, a year-on-year increase of 13.3%. Among them, the total value of exports was 3.47 trillion yuan, a year-on-year increase of 13.6%; the total import value was 2.73 trillion yuan, a year-on-year increase of 12.9%; the trade surplus was 738.8 billion yuan, a year-on-year increase of 16.3%.

In addition, in the first two months of this year, the EU once again surpassed ASEAN to become China's primary trading partner. The total value of trade between China and the EU was 0.87 trillion yuan, an increase of 12.4%, accounting for 14.1% of China's total foreign trade value; during the same period, the total value of trade between China and ASEAN, the United States, and Japan was 0.87 trillion yuan, 0.79 trillion yuan, and 0.37 trillion yuan respectively. 100 million yuan, an increase of 10.5%, 9.7% and 4.9% respectively.

Export growth slows down, foreign trade situation is grim

The impact of shipping capacity and rising freight costs, the rising prices of bulk commodities and raw materials, the appreciation of the RMB exchange rate, and the increase in labor costs have continued to put pressure on foreign trade companies. In addition, considering that overseas supply chain bottlenecks may improve, China's supply substitution effect will weaken, and export growth is likely to slow down. In addition, affected by factors such as the situation in Ukraine, my country's exports are expected to face certain uncertainties in the follow-up.