(ECNS) -- China's goods trade totaled 4.87 trillion yuan (about $730 billion) in October, up 31.2% from a year earlier, the General Administration of Customs said Tuesday.
Exports rose 28.7% from a year earlier to 2.79 trillion yuan, while imports increased 34.7% to 2.08 trillion yuan.
In the first 10 months of 2026, China's goods trade reached 44.81 trillion yuan, up 20% from a year earlier. Exports totaled 25.99 trillion yuan, up 17.6%, while imports reached 18.82 trillion yuan, up 23.6%.
By trading partner, China's trade with the Association of Southeast Asian Nations reached 7.68 trillion yuan in the first 10 months, up 24.2% from a year earlier. Trade with the European Union totaled 5.29 trillion yuan, up 8.5%, while trade with the United States reached 3.59 trillion yuan, up 6.3%. Trade with countries participating in the Belt and Road Initiative totaled 22.88 trillion yuan, up 18.5%.
Private enterprises recorded 25.46 trillion yuan in imports and exports during the period, up 20.1% from a year earlier. Foreign-invested enterprises posted 13.15 trillion yuan, up 20.4%, while state-owned enterprises recorded 6.12 trillion yuan, up 19.1%.
Exports of mechanical and electrical products reached 16.81 trillion yuan, up 25.2%. Labor-intensive products rose 2.4% to 3.45 trillion yuan, while agricultural exports increased 3.9% to 622.08 billion yuan.
On the import side, mechanical and electrical products totaled 8.17 trillion yuan, up 35%. Crude oil imports fell 15.1% to 400 million metric tons, while agricultural imports rose 4.6% to 1.29 trillion yuan.
(By Tang Yuxian)
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