进出口数据点评（2024年11月）：稳健增长

Export Performance - In November 2024, China's export value reached $312.31 billion, with a year-on-year growth rate of 6.7$97.44 billion, an increase of $28.38 billion (41.1%) year-on-year[4] - Exports to the US and ASEAN showed slight declines, while exports to the EU, Latin America, and Africa saw significant drops[5] Import Trends - November 2024 saw a year-on-year decline in import value of 3.9%, marking the lowest point of the year[9] - The import volume and price both weakened, indicating a dual contraction in demand[9] - Coal and natural gas imports maintained positive growth, likely due to winter fuel demand, while imports of raw wood, plastics, and pulp further slowed[9] Future Outlook - The upcoming holiday season may boost export growth due to increased demand and preemptive export activities[10] - The implementation of additional tariffs by the incoming US administration introduces uncertainty, potentially increasing export volatility[10] - Short-term import growth is expected to remain subdued until domestic demand shows significant improvement[10]