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The main features are as follows: First, the import and export trade volume continues to grow, but the growth rate continues to slow down. Customs statistics show that in October, the total import and export trade volume of the petroleum and chemical industry was 34.16 billion U.S. dollars, an increase of 31.5% year-on-year, and the growth rate fell 0.8 percentage points, a decrease of 12.9% from the previous month, and was the third consecutive increase in total import and export trade volume since August. Months of decline. Second, the import of crude oil and refined oil exports have increased significantly. In October, China imported 16.15 million tons of crude oil, a substantial increase of 28.1% year-on-year, the highest month of the year; imported refined oil was 704,000 tons, an increase of 7.2% year-on-year. It was the month with the lowest import volume this year. This month, the volume of refined oil exports has increased significantly. In October, 786,000 tons of refined oil was exported, a year-on-year increase of 43.1%. The third is the continued decline in fertilizer exports. In October, the export volume of chemical fertilizers (physical quantity, the same below) was 128,000 tons, a year-on-year decrease of 90.6%. Fourth, the import and export of basic chemical products maintained a slight increase. Fifth, the imports and exports of synthetic resins continued to decline, and imports of synthetic rubber continued to decline. Sixth, the export of dyes and pigments both dropped. In October, the export of dyes was 16,000 tons, a year-on-year decrease of 40.7%; the export of pigments was 47,000 tons, a year-on-year decrease of 19.3%; and the export of ink was 0.3 million tons, a year-on-year decrease of 20.1%.
Petrochemical industry import and export increase double fall
The analysis report released by the China Petroleum and Chemical Industry Association on December 1 showed that in October, the growth rate of both import and export trade in the industry fell, and imports fell more than exports, and the growth rate of trade deficit slowed down.