In the first half of this year, Huai'an's foreign trade maintained a steady development trend, with a total import and export value of RMB 28.94 billion, marking a year-on-year increase of 14.9%, of which exports were RMB 23.97 billion, marking a year-on-year increase of 21.7%.

Exports of electronic products, labor-intensive products and chemicals all maintained growth, and imports of electronic components were at a high level. From the perspective of exports, Huai'an City exported RMB 14.35 billion of mechanical and electrical products in the first half of this year, marking a year-on-year increase of 20.4%, accounting for 59.9% of the total export value. Among them, the export of electronic products such as mobile phone parts and printed circuit boards was RMB 3.6 billion, marking an increase of 65.3%. The export of auto parts such as automobile bodies and tires was RMB 2.32 billion, marking an increase of 1.5%. The export of labor-intensive products was RMB 4.55 billion, marking an increase of 38%, accounting for 19% of the total export value. Among them, exports of textiles and clothing, plastic products, furniture and their parts increased by 32.2%, 39.5% and 49% respectively. Chemical exports reached RMB 1.95 billion, marking an increase of 5.9%. From the perspective of imports, in the first half of the year, the import of electronic components such as integrated circuits was RMB 1.4 billion, marking an increase of 39.6%; the import of agricultural products was RMB 600 million, marking an increase of 51.7%. The project construction has driven machine tool imports of RMB 290 million, marking an increase of 10%.

Traditional markets maintained stable growth, while emerging markets such as ASEAN saw strong expansion. In the first half of this year, Huai'an's imports and exports to the five major traditional markets reached RMB 10.35 billion, up 1.5% year-on-year, accounting for 35.8% of the total foreign trade value. Huai'an's trade with traditional markets remained stable. During the same period, Huai'an's import and export volume to emerging markets reached RMB 18.59 billion, up 23.9%. Among them, imports and exports to ASEAN were RMB 5.5 billion, marking an increase of 26.8%, accounting for 19% of the total foreign trade value, marking an increase of 1.8 percentage points. During the same period, Huai'an imported from and exported to 156 countries participating in the Belt and Road Initiative, with total trade reaching RMB 14.17 billion, up 16.3%.