From January to February 2020, the Maritime Silk Road Trade Index (STI) released by the Ningbo Shipping Exchange showed that the import and export trade index was 103.51 points, a year-on-year decrease of 10.62%; the export trade index was 101.38 points, a year-on-year decrease of 17.11%; the import trade index was 105.68 points, down 3.23% year-on-year. China’s total import and export trade value was US $ 591.993 billion, a year-on-year decrease of 10.62%. Among them: total export trade value was US $ 292.449 billion, down 17.11% year-on-year; total import trade value was US $ 299.544 billion, down 3.23% year-on-year; trade deficit was US $ 7.096 billion.

China’s trade with continents
From January to February 2020, China’s import and export trade value with Asia was US $ 307.592 billion, a year-on-year decrease of 7.46%, accounting for 51.96% of China’s total import and export value. The value of export trade value was US $ 145.987 billion, down 13.12% year-on-year; the value of import trade was US $ 161.604 billion, down 1.68% year-on-year.

To Europe, China’s import and export trade value was 115.931 billion US dollars, a year-on-year decrease of 12.15%, accounting for 19.58% of China’s total import and export value. The value of export trade was US $ 60.422 billion, a year-on-year decrease of 19.15%; the value of import trade was US $ 55.508 billion, a year-on-year decrease of 3.00%.

To Africa, China's import and export value was US $ 26.604 billion, a year-on-year decrease of 17.20%, accounting for 4.49% of China 's total imports and exports value. The value of export trade was US $ 13.704 billion, a year-on-year decrease of 13.79%; the value of import trade was US $ 12.90 billion, a year-on-year decrease of 20.53%.

To North America, China's import and export value was US $ 67.552 billion, a year-on-year decrease of 22.54%, accounting for 11.41% of China’s total import and export value. The value of export trade was 46.901 billion US dollars, a year-on-year decrease of 27.52%; the value of import trade was 20.651 billion US dollars, a year-on-year decrease of 8.21%.

To Latin America，China’s import and export trade value was 45.457 billion US dollars, a year-on-year decrease of 7.69%, accounting for 7.68% of China’s total import and export value. The export trade value was 18.496 billion US dollars, a year-on-year decrease of 12.18%; the import trade value was 26.961 billion US dollars, a 4.33% year-on-year decrease.

To Oceania, China’s import and export trade value was US $ 28.876 billion, a year-on-year decrease of 1.68%, accounting for 4.86% of China’s total import and export value. The export trade value was 6.939 billion US dollars, a year-on-year decrease of 17.09%; the import trade value was 21,837 million US dollars, a year-on-year increase of 4.49%.
Source: Maritime Silk Road Trade Index