Foreign trade grows 9.3% in 2025
2026-01-28 20:01:23
Chen Si.
Yichang's foreign trade reached 54.45 billion yuan (US$7.83 billion) in 2025, a year-on-year increase of 9.3 percent.
Exports stood at 44.36 billion yuan, rising 10.8 percent, while imports reached 10.09 billion yuan, a 3.1 percent increase.
General trade dominated, totaling 48.96 billion yuan, a 13.4 percent increase, accounting for nearly 90 percent of total trade value. Bonded logistics also grew rapidly, surging 87.8 percent to 3.51 billion yuan.
Private enterprises led foreign trade activity with 42.87 billion yuan, up 15.2 percent, contributing more than 70 percent of the total. State-owned enterprises recorded 5.77 billion yuan, while foreign-invested enterprises posted 5.8 billion yuan, up 30 percent.
Last year, Yichang’s top three trading partners were ASEAN (13.46 billion yuan, up 13.7 percent), Brazil (5.99 billion yuan, up 70.4 percent), and the European Union (5.29 billion yuan, up 2.4 percent).
Trade with countries participating in the Belt and Road Initiative rose 16.5 percent to 36.54 billion yuan, accounting for 67.1 percent of total trade. Trade under the RCEP framework increased 10.6 percent to 19.65 billion yuan, representing 36.1 percent.
In terms of exports, electromechanical products reached 9.3 billion yuan, followed by labor-intensive goods at 5.24 billion yuan and agricultural products at 3.79 billion yuan.
On the import side, agricultural products totaled 2.22 billion yuan, basic organic chemicals reached 1.3 billion yuan, and electromechanical products stood at 1.02 billion yuan.
Yang Jing, Huang Qian also contributed to this story
Yichang's foreign trade reached 54.45 billion yuan (US$7.83 billion) in 2025, a year-on-year increase of 9.3 percent.
Exports stood at 44.36 billion yuan, rising 10.8 percent, while imports reached 10.09 billion yuan, a 3.1 percent increase.
General trade dominated, totaling 48.96 billion yuan, a 13.4 percent increase, accounting for nearly 90 percent of total trade value. Bonded logistics also grew rapidly, surging 87.8 percent to 3.51 billion yuan.
Private enterprises led foreign trade activity with 42.87 billion yuan, up 15.2 percent, contributing more than 70 percent of the total. State-owned enterprises recorded 5.77 billion yuan, while foreign-invested enterprises posted 5.8 billion yuan, up 30 percent.
Last year, Yichang’s top three trading partners were ASEAN (13.46 billion yuan, up 13.7 percent), Brazil (5.99 billion yuan, up 70.4 percent), and the European Union (5.29 billion yuan, up 2.4 percent).
Trade with countries participating in the Belt and Road Initiative rose 16.5 percent to 36.54 billion yuan, accounting for 67.1 percent of total trade. Trade under the RCEP framework increased 10.6 percent to 19.65 billion yuan, representing 36.1 percent.
In terms of exports, electromechanical products reached 9.3 billion yuan, followed by labor-intensive goods at 5.24 billion yuan and agricultural products at 3.79 billion yuan.
On the import side, agricultural products totaled 2.22 billion yuan, basic organic chemicals reached 1.3 billion yuan, and electromechanical products stood at 1.02 billion yuan.
Yang Jing, Huang Qian also contributed to this story
