Guangdong's foreign trade maintained steady growth in the first four months of 2025, with total imports and exports reaching 2.96 trillion yuan, up 4.9% year-on-year. This growth rate is 2.5 percentage points higher than the national average.
Exports totaled 1.86 trillion yuan, an increase of 2.1%, while imports surged 10.1% to 1.1 trillion yuan. Compared with the first quarter, the growth rates of imports, exports, and total trade volume accelerated by 0.7, 0.7, and 0.9 percentage points, respectively.
Foreign-invested enterprises recorded 927.35 billion yuan in imports and exports, up 5.4% year-on-year. Private enterprises continued to play a leading role, with trade volume reaching 1.89 trillion yuan, a 5.6% increase, accounting for 63.8% of Guangdong's total trade, up 0.5 percentage point from the same period last year.
The province's top five trading partners remained ASEAN, Hong Kong SAR, the European Union, the United States, and Taiwan Province of China. ASEAN, Hong Kong SAR, the European Union, and Taiwan Province of China recorded growth of 7.5%, 7.6%, 7.7%, and 33.2%, respectively, while trade with the United States fell by 3.8%. Guangdong enterprises actively expanded into new markets, with trade with Africa growing by 7.5% and trade with the five countries of Central Asia jumping by 24.2%.
Mechanical and electrical product exports reached 1.26 trillion yuan, up 7.5%, exceeding overall export growth by 5.4 percentage points and accounting for 67.7% of Guangdong's total exports. Among key export items, computers and components grew by 18.2%, electrical equipment by 16.2%, household appliances by 2.7%, and integrated circuits by 17.7%. Exports of emerging products also performed well, with electric vehicles, lithium batteries, and solar cells up 40.6%, and motorcycle exports surging by 43.4%. Ship and container exports maintained steady growth of 6.2% and 17.9%, respectively.
On the import side, Guangdong brought in 766.96 billion yuan worth of mechanical and electrical products, a rapid 22.3% increase, outpacing overall import growth by 12.2 percentage points and accounting for 69.8% of total imports. Imports of computers and components increased by 124%, semiconductor manufacturing equipment rose by 69.6%, and integrated circuits increased by 14.8%.
Reporter | Dai Bosi
Photo | Nanfang Plus
Editor | Hu Nan, James, Shen He
