2026年5月进出口数据点评：进出口同比均高增高性价比支撑出口超预期增长

附图3：5月进口金额处近五年同期高位 附图4：5月出口金额处近五年同期高位附图5：稀土5月出口月同比高增 附图6：基本金属、劳密集型商品出口累同下降250.00%200.00%150.00%100.00%50.00%0.00%-50.00%当月环比变动当月同比变动海关总署 海关总署海关总署 海关总署附图9：5月向美国进出同比+31.3%，环比+3.1% 附图10：5月向美国出同比+35.4%，环比+6.2%

主要国家（地区）进出口情况主要国家（地区）出口情况海关总署 海关总署附图月从美国进同比+20.4%，环比-5.0% 附图月与美国贸顺差同比环比+12.8%

主要国家（地区）进口情况

主要国家（地区）贸易差额（出口-进口）情况海关总署海关总署；注：上周为6.1-6.7附图15：上周监测港口物吞吐量环比下降8.0% 附图16：5月周均货物吐量同比下降1.5%；注：上周为6.1-6.7附图17：6月9日10Y国债活跃券收益率震上行 附图18：6月9日10Y国开活跃券收益率震上行 附图19：6月9日利率债银行、保险买方力较强 附图20：6月9日10Y国开债银行买方力量强上海国际货币经纪官网 上海国际货币经纪官网附表1：5月出口同比提升19.4%（%）日期进口金额出口金额贸易顺差当月同比当月环比当月同比当月环比当月同比当月环比2024-090.12.32.3-1.68.8-10.72024-10-2.4-3.812.61.871.317.12024-11-4.00.76.61.040.91.72024-120.87.410.77.640.78.12025-01-16.3-19.25.9-3.464.831.22025-021.6-1.5-3.1-33.8-23.9-77.42025-03-4.315.012.245.874.0226.72025-04-0.33.88.00.733.4-5.92025-05-3.3-2.94.60.226.27.12025-061.3-1.05.72.915.010.82025-074.26.27.0-1.114.0-14.42025-081.6-1.74.20.010.63.92025-097.88.68.22.19.1-11.92025-101.4-9.6-1.3-7.1-7.2-0.42025-112.01.35.88.214.225.02025-125.711.36.58.38.12.32026-0125.7-3.910.0-0.2-11.37.72026-0213.9-10.839.6-15.9191.1-25.82026-0327.829.12.57.1-49.8-43.72026-0425.31.714.112.0-11.565.92026-0527.5-1.219.44.82.624.3海关总署国家或地区 进出口 出口 进口 贸易差额（出口进口）附表2：5月与美国进出口总值同比增加31.3%国家或地区 进出口 出口 进口 贸易差额（出口进口）环比变动同比变动环比变动同比变动环比变动同比变动环比变动同比变动欧洲联盟-0.2%4.8%0.5%7.6%-1.6%-1.3%2.1%15.1%美国3.1%31.3%6.2%35.4%-5.0%20.4%12.8%44.4%东南亚国家联盟0.3%25.7%4.3%24.3%-6.2%28.2%21.1%19.8%日本-0.6%19.8%4.8%10.9%-4.9%29.2%47.9%中国香港5.2%64.7%7.4%63.1%-13.3%84.2%10.2%61.2%韩国8.8%64.3%13.5%42.1%5.9%83.6%6.9%-357.3%中国台湾-2.5%23.0%3.1%32.2%-4.6%19.6%9.2%-12.4%澳大利亚-3.5%21.6%14.4%23.6%-11.1%20.5%29.9%-16.9%俄罗斯0.1%34.0%8.2%35.8%-6.0%32.6%48.8%-15.1%印度-2.0%20.4%-0.4%18.6%-11.5%33.3%1.9%16.3%英国-2.5%-0.8%0.1%1.7%-15.0%-12.7%4.1%5.4%加拿大25.9%41.4%1.1%-2.7%49.0%98.5%-752.5%新西兰-4.3%4.8%8.4%24.8%-11.0%-4.9%32.5%33.2%拉丁美洲3.7%13.5%-2.8%6.1%11.4%22.5%-76.8%-75.7%非洲7.1%19.5%9.2%18.6%3.8%21.1%18.3%14.9%海关总署附表3：稀土5月出口同比增长237.41%（百万美元）出口重点商品5月4月5月末4月末当月环比当月同比累计环比累计同比农产品8,838.98,793.843,243.234,412.80.51%5.23%25.66%4.97%水产品1,738.51,655.97,969.86,231.34.99%-1.17%27.90%-2.31%粮食149.0150.2702.8553.8-0.83%-25.49%26.91%-5.69%化工医药6,843.96,279.530,859.523,970.28.99%16.75%28.74%10.93%成品油3,763.53,119.116,027.312,218.420.66%34.03%31.17%10.88%中药材及中式成药2,311.72,342.511,485.39,173.7-1.32%-1.16%25.20%7.82%肥料768.7817.93,346.92,578.1-6.01%7.50%29.82%23.43%稀土63.164.2243.6180.5-1.81%237.41%34.94%44.92%劳动密集型商品51,680.748,369.0238,373.0186,701.46.85%-2.24%27.68%-0.73%塑料制品10,272.49,860.146,513.736,244.64.18%12.78%28.33%8.75%箱包及类似容器2,851.52,512.212,405.29,553.813.51%-4.91%29.84%-4.22%纺织纱线、织物及其制品12,587.712,705.159,482.546,896.4-0.92%-0.33%26.84%1.74%服装及衣着附件13,016.711,347.957,244.344,231.014.71%-4.11%29.42%-1.62%鞋靴3,431.82,902.015,756.912,325.718.26%-10.32%27.84%-10.33%陶瓷产品969.1904.77,076.46,107.07.11%-53.17%15.87%-20.37%家具及其零件5,743.15,565.327,706.821,964.03.20%1.90%26.15%1.34%玩具2,808.52,571.712,187.39,378.99.21%-7.03%29.94%-12.60%基本金属9,812.09,061.441,702.431,893.48.28%5.99%30.76%-1.85%钢材7,215.06,667.431,142.023,928.98.21%-2.26%30.14%-8.43%未锻轧铝及铝材2,597.12,393.910,560.37,964.58.49%38.43%32.59%24.58%机电产品240,950.9229,290.91,089,884.7849,044.55.09%27.45%28.37%22.42%通用机械设备6,067.75,926.229,820.023,754.02.39%2.39%25.54%3.86%自动数据处理设备及其零部件26,887.423,806.4110,936.384,054.712.94%66.10%31.98%38.71%手机9,901.78,410.844,866.534,990.017.73%44.29%28.23%5.99%家用电器8,982.09,269.442,784.833,802.8-3.10%9.46%26.57%4.31%音视频设备及其零件3,683.93,663.217,169.613,485.10.56%19.10%27.32%13.30%集成电路35,548.231,085.0139,076.8103,535.314.36%111.00%34.33%89.96%汽车25,430.524,695.2115,111.289,679.82.98%25.27%28.36%30.22%汽车（包括底盘）16,706.516,096.273,571.656,865.03.79%39.25%29.38%50.43%汽车零配件8,723.98,599.141,539.632,814.81.45%5.07%26.59%5.19%船舶5,482.14,867.125,249.819,767.712.64%29.72%27.73%26.45%液晶平板显示模组2,604.42,664.313,319.910,716.2-2.25%-5.17%24.30%6.68%医疗仪器及器械1,918.41,898.89,008.17,090.01.03%17.28%27.05%13.42%灯具、照明装置及其零件3,057.52,712.58.110,983.012.72%-11.74%27.82%-9.89%高新技术产品112,134.3104,015.9485,304.0373,214.07.80%51.09%30.03%35.44%海关总署 事件点评附表4：劳动密集型商品5月进口同比减少9.04%（百万美元）进口重点商品5月4月5月末4月末当月环比当月同比累计环比累计同比农产品20,708.518,805.188,834.868,125.410.12%4.04%30.40%11.08%肉类（包括杂碎）2,026.92,028.510,733.98,707.8-0.08%13.18%23.27%11.34%干鲜瓜果及坚果2,374.01,615.18,262.95,886.646.99%7.68%40.37%2.23%粮食6,840.95,205.022,751.215,908.631.43%-1.99%43.01%11.72%大豆5,478.14,028.917,578.312,098.635.97%-10.13%45.29%5.39%食用植物油693.1664.13,775.13,080.34.37%16.96%22.56%24.23%化工医药40,262.541,058.1195,549.2154,681.0-1.94%9.52%26.42%1.90%煤及褐煤2,870.12,616.314,237.411,360.09.70%10.90%25.33%-2.85%原油26,688.728,620.1128,149.3100,857.6-6.75%14.43%27.06%3.52%成品油1,262.61,537.010,260.08,981.7-17.86%-28.38%14.23%6.74%天然气4,826.53,597.020,033.415,227.134.18%11.23%31.56%-10.09%医药材及药品3,978.64,145.219,827.315,848.8-4.02%-9.30%25.10%0.96%肥料636.0542.53,041.72,405.717.25%74.93%26.44%58.26%稀土117.4181.21,017.9890.6-35.18%-55.41%14.29%40.60%劳动密集型商品8,727.29,817.546,385.437,661.5-11.11%-9.04%23.16%-6.71%美容化妆品及洗护用品1,258.11,577.96,995.45,741.1-20.27%-11.00%21.85%-0.25%初级形状的塑料2,592.52,944.014,579.211,985.6-11.94%-22.22%21.64%-15.71%天然及合成橡胶（包括胶乳）1,118.11,218.26,279.05,161.1-8.22%-4.22%21.66%-8.08%原木及锯材967.21,064.64,621.53,654.4-9.14%-1.83%26.46%-5.60%纸浆1,811.01,921.89,156.27,345.4-5.76%-4.98%24.65%-5.86%纺织纱线、织物及其制品980.31,091.04,754.23,773.9-10.15%24.21%25.97%20.09%基本金属25,458.126,165.0126,568.3100,756.4-2.70%21.74%25.62%20.32%铁矿砂及其精矿10,064.810,395.652,190.942,103.4-3.18%8.14%23.96%9.43%铜矿砂及其精矿8,563.58,932.843,904.135,054.9-4.13%31.27%25.24%36.65%钢材761.0893.73,993.23,232.3-14.85%-11.23%23.54%-8.49%未锻轧铜及铜材6,068.95,942.826,480.120,365.72.12%43.69%30.02%26.06%机电产品114,655.7114,296.1509,854.9395,243.20.31%38.18%29.00%29.54%机床396.8506.42,257.71,860.9-