In the first 8 months, China's integrated circuit exports increased by 24.8%

On September 10th, the website of the General Administration of Customs showed that according to customs statistics, the total import and export value of China's goods trade (the same below) in the first eight months of 2024 was RMB 28.58 trillion, a year-on-year increase of 6%.

In terms of export data, in the first 8 months, China's exports of mechanical and electrical products reached 9.72 trillion yuan, an increase of 8.8%, accounting for 59.1% of China's total export value. Among them, automatic data processing equipment and its components amounted to 942.38 billion yuan, an increase of 11.6%; Integrated circuits amounted to 736.04 billion yuan, an increase of 24.8%; Automobiles amounted to 540.84 billion yuan, an increase of 22.2%; Mobile phones reached 514.37 billion yuan, an increase of 0.5%.

In terms of import data, the import of mechanical and electrical products reached 4.49 trillion yuan, an increase of 10.4%. Among them, there are 358 billion integrated circuits, an increase of 14.8%, with a value of 1.74 trillion yuan, an increase of 14%; There were 478000 cars, a decrease of 1.8%, with a value of 193.61 billion yuan, a decrease of 6.6%.