Guangxi's Trade with ASEAN Remains Stable and Positive in First Four Months, Electric Vehicle Exports Surge Over 286%

According to data released by Nanning Customs, Guangxi's total foreign trade import and export value from January to April this year reached 277.45 billion yuan, representing a year-on-year increase of 7.1%.

Benefiting from the stability of the China-ASEAN cross-border industrial chain, Guangxi's import and export value with ASEAN countries during this period amounted to 138.96 billion yuan. ASEAN continues to be Guangxi's largest trading partner. Specifically, Guangxi's trade with Vietnam reached 100.2 billion yuan, while trade with Malaysia and Cambodia grew by over 40% each.

In the first four months, Guangxi's imports totaled 120.18 billion yuan, a significant increase of 25.4%. Fruit imports saw rapid growth. Due to a bumper harvest of durian in ASEAN countries, coupled with strong domestic demand in China and improved customs clearance efficiency at ports, Guangxi's fruit imports reached 1.38 billion yuan, up 78.1%. Durian imports alone were valued at 1.09 billion yuan, soaring by 165.4%.

Simultaneously, the accelerated growth of value-added output from Guangxi's large-scale industrial enterprises has driven strong demand for imports of production materials, including bulk commodities. From January to April, Guangxi imported 24.067 million tons of bulk commodities, valued at 72.64 billion yuan, marking a 24.2% increase. Imports of copper ore, crude oil, and soybeans were valued at 38.38 billion yuan, 10.7 billion yuan, and 4.77 billion yuan respectively, with growth rates of 46.4%, 2.1%, and 50.6%. During the same period, imports of copper materials, a key industrial production input, surged by 169.1%.

In the first four months, Guangxi's exports reached 157.27 billion yuan. Exports of green products showed impressive growth, and the proportion of exports from self-owned brands increased. Mechanical and electrical products, along with labor-intensive goods, remained the primary export commodities.

Thanks to Guangxi's accelerated efforts to build modern pillar industries in manufacturing, such as new energy vehicles and batteries, exports of related products demonstrated strong momentum. Exports of lithium batteries and electric vehicles grew by 118.2% and 286.8% respectively.