Machinery industry import and export increased by 6.85% year-on-year

It was learned from the China Machinery Industry Federation that in the first five months of this year, the total import and export volume of the machinery industry reached 263.954 billion US dollars, a year-on-year increase of 6.85%. Among them, exports were 141.508 billion US dollars, up 15.78% year-on-year; imports were 122.446 billion US dollars, down 1.9% year-on-year; cumulative trade surplus was 19.062 billion US dollars. In the month of May, the machinery industry achieved a total import and export volume of 60.247 billion US dollars, an increase of 13.05% year-on-year, and the growth rate was 11.51 percentage points higher than that in April. Among them, exports were 32.772 billion US dollars, up 19.38% year-on-year. The growth rate was 8.13 percentage points higher than that in April, which was the highest monthly export value in recent years. Imports were 27.475 billion US dollars, up 6.32% year-on-year, and the growth rate was 14.7 percentage points higher than that in April. The trade surplus was 5.297 billion US dollars.

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