Yichang’s foreign trade up 12.9% in first 11 months
2025-12-25 20:12:40
By Yan Wanqin
Yichang's foreign trade reached 48.95 billion yuan in the first 11 months, up 12.9 percent year-on-year. Exports rose 15.8 percent to 39.78 billion yuan while imports grew 1.8 percent to 9.17 billion yuan.
General trade dominated, totaling 44.45 billion yuan, a 19.9 percent increase, and accounting for 90.8 percent of overall trade. Bonded logistics also grew rapidly, surging 62.1 percent to 2.79 billion yuan.
Private enterprises led foreign trade activity with 38.53 billion yuan, up 20.3 percent, contributing more than 70 percent of the total. State-owned enterprises recorded 5.23 billion yuan, while foreign-invested enterprises posted 5.19 billion yuan, up 27.6 percent.
Trade with major partners continued to expand. ASEAN remained Yichang’s largest trading partner, with trade reaching 11.86 billion yuan, up 20.7 percent. Trade with Brazil jumped 82.7 percent to 5.88 billion yuan, while trade with the European Union stood at 4.26 billion yuan.
Trade with countries participating in the Belt and Road Initiative rose 20.8 percent to 32.79 billion yuan, accounting for 67 percent of total trade. Trade under the RCEP framework increased 16.3 percent to 17.51 billion yuan, representing 35.8 percent.
In terms of exports, electromechanical products reached 7.62 billion yuan, followed by labor-intensive goods at 4.45 billion yuan and agricultural products at 3.46 billion yuan. Notably, electrical equipment exports surged 51.7 percent to 910 million yuan.
On the import side, agricultural products totaled 1.93 billion yuan, basic organic chemicals reached 1.23 billion yuan, and electromechanical products stood at 930 million yuan.
Yang Jing also contributed to this story.
Yichang's foreign trade reached 48.95 billion yuan in the first 11 months, up 12.9 percent year-on-year. Exports rose 15.8 percent to 39.78 billion yuan while imports grew 1.8 percent to 9.17 billion yuan.
General trade dominated, totaling 44.45 billion yuan, a 19.9 percent increase, and accounting for 90.8 percent of overall trade. Bonded logistics also grew rapidly, surging 62.1 percent to 2.79 billion yuan.
Private enterprises led foreign trade activity with 38.53 billion yuan, up 20.3 percent, contributing more than 70 percent of the total. State-owned enterprises recorded 5.23 billion yuan, while foreign-invested enterprises posted 5.19 billion yuan, up 27.6 percent.
Trade with major partners continued to expand. ASEAN remained Yichang’s largest trading partner, with trade reaching 11.86 billion yuan, up 20.7 percent. Trade with Brazil jumped 82.7 percent to 5.88 billion yuan, while trade with the European Union stood at 4.26 billion yuan.
Trade with countries participating in the Belt and Road Initiative rose 20.8 percent to 32.79 billion yuan, accounting for 67 percent of total trade. Trade under the RCEP framework increased 16.3 percent to 17.51 billion yuan, representing 35.8 percent.
In terms of exports, electromechanical products reached 7.62 billion yuan, followed by labor-intensive goods at 4.45 billion yuan and agricultural products at 3.46 billion yuan. Notably, electrical equipment exports surged 51.7 percent to 910 million yuan.
On the import side, agricultural products totaled 1.93 billion yuan, basic organic chemicals reached 1.23 billion yuan, and electromechanical products stood at 930 million yuan.
Yang Jing also contributed to this story.
