Foreign trade data analysis

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Recently, the World Trade Organization released global trade in goods data for 2023. Data show that China's total import and export value in 2023 is 5.94 trillion U.S. dollars, maintaining its status as the world's largest country in goods trade for seven consecutive years; among them, the international market share of exports and imports is 14.2% and 10.6% respectively, and it has maintained the first place in the world for 15 consecutive years. and second. Against the background of the difficult recovery of the world economy, China's economy has shown strong development resilience and provided a driving force for global trade growth.

Buyers of Chinese goods have spread all over the world

According to 2023 global trade in goods data released by the World Trade Organization, global exports will total US$23.8 trillion in 2023, a decrease of 4.6%, following two consecutive years of growth in 2021 (up 26.4%) and 2022 (up 11.6%). dropped, still increasing by 25.9% compared with 2019 before the epidemic.

 Specific to China's situation, in 2023, China's total import and export value was US$5.94 trillion, US$0.75 trillion more than the second-placed United States. Among them, China's export international market share is 14.2%, the same as in 2022, and has ranked first in the world for 15 consecutive years; China's import international market share is 10.6%, ranking second in the world for 15 consecutive years.

In this regard, Liang Ming, director of the Foreign Trade Research Institute of the Institute of International Trade and Economic Cooperation of the Ministry of Commerce, believes that in 2023, against the backdrop of a complex and severe external environment, a sharp slowdown in international market demand, and the outbreak of local conflicts, the international market share of China's exports Maintaining basic stability demonstrates the strong resilience and competitiveness of China's foreign trade.

 The New York Times published an article stating that buyers of Chinese products from steel, cars, solar cells to electronic products have spread all over the world, and Latin America, Africa and other places are particularly interested in Chinese products. The Associated Press believes that despite the overall sluggish global economic trend, China's import and export have experienced significant growth, reflecting the gratifying phenomenon that the global market is recovering.


Post time: Jun-11-2024