In May 2021, the year-on-year growth rate of exports continued to be stronger than that of imports, and the trade balance remained at a
high level. The main reason is that with the alleviation of the impact of the epidemic, the resumption of work and production has been
promoted, the foreign trade logistics blockages have been gradually opened, and the growth rate of import and export freight volume has
accelerated.
In addition, high inflation overseas is also an important reason for the high growth of exports.