Since the beginning of this year, Anhui Province has supported numerous foreign trade entities in overcoming challenges and fostering innovation through a series of policies aimed at stabilizing foreign trade and enterprises. This has propelled the province's foreign trade import and export to maintain a steady and progressive growth momentum. In the first five months of the year, Anhui Province reported a total value of goods trade import and export amounting to RMB 374.79 billion, marking a year-on-year increase of 15.4%. Among this, exports reached RMB 253.06 billion, up by 15.8%, while imports amounted to RMB 121.73 billion, growing by 14.6%. The total value of imports and exports ranked first among central region, with its growth rate placing sixth nationwide, achieving a new historical high for foreign trade scale during the same period.   

Starting from February this year, Anhui's foreign trade has generally exhibited a dual growth in both scale and speed. Specifically, in May alone, the province's import and export volume hit a monthly high of RMB 82.21 billion.

From the perspective of trading partners, in the first five months, Anhui's total trade value with its largest trading partner, the European Union, reached 50.06 billion yuan, a year-on-year increase of 21.6%. The trade volume with its second-largest partner, the Association of Southeast Asian Nations (ASEAN), stood at 49.88 billion yuan, marking a significant growth of 32.9% compared to the same period last year. Regarding export products, as technological innovation continuously drives industrial innovation, during the first five months, Anhui Province exported electromechanical products valued at 181.81 billion yuan, representing an 18.3% increase and accounting for over seventy percent (71.8%) of the province's total export value. Notably, exports of automobiles, notebook computers, and household appliances have seen rapid growth, indicating a continuous enhancement in the competitive advantage of Anhui's main export products.

Source: ANHUI NEWS