From January to September this year, the total value of Huai'an City's imports and exports reached RMB 45.51 billion, a 15.7% year-on-year increase. The export value was RMB 37.92 billion, experiencing a 23.9% growth.
Advantageous industries have undergone quality improvement and upgrading. As a traditional advantageous sector in Huai'an City, mechanical and electrical products reached RMB 22.89 billion from January to September, marking a 22.7% increase and representing 60.4% of the city's total export value. Among these, solar cell exports reached RMB 6.61 billion, up by 8.7%; exports of electronic items such as mobile phone components, printed circuit boards, cables, and keyboards amounted to RMB 6.26 billion, an increase of 53.4%; exports of automotive parts, including tires and body components, totaled RMB 3.51 billion, a rise of 2.9%. Exports of chemical products amounted to RMB 2.94 billion, reflecting an 8.4% growth. During that period, agricultural product imports were valued at RMB 970 million, a rise of 11%, primarily consisting of raw materials for production such as milk powder, cotton, and sugar.
Diversified trade partners made progress together. Huai'an's import and export with Vietnam reached RMB 4.83 billion, an increase of 82.5%, accounting for 10.6% of the city's foreign trade. The export value was RMB 4.77 billion, experiencing a 139.2% growth. Driven by this, Huai'an's import and export with ASEAN reached RMB 9.26 billion, an increase of 36.2%. The city's import and export with the United States reached RMB 3.96 billion, an increase of 1.7%, accounting for 8.7% of foreign trade. The export value was RMB 3.77 billion, experiencing an 8.9% growth. Huai'an's import and export volume with 156 Belt and Road countries reached RMB 23.37 billion, up 23.5%. The export value was RMB 19.68 billion, experiencing a 32.6% growth.
Foreign trade entities continued to increase. From January to September, there were 1,407 foreign trade enterprises with import and export performance in Huai'an City, representing an increase of 108, or 8.3%, over the same period last year. Among these, private enterprises achieved an import and export value of RMB 33.59 billion, marking a 19.3% increase and accounting for 73.8% of the total trade. During the same period, the import and export of foreign-invested enterprises reached RMB 11.13 billion, representing a 5.6% increase and accounting for 24.4% of the total.