In the first two months, the year-on-year growth rate of exports and imports exceeded 50%. Yiwu's dual wheel drive foreign trade vitality surged
Since the beginning of this year, Yiwu, known as the "barometer" of China's foreign trade, has shown strong growth momentum. The latest data from Hangzhou Customs shows that from January to February this year, the total import and export value of Yiwu City reached 173.56 billion yuan, a year-on-year increase of 52.8%. Among them, exports amounted to 154.72 billion yuan, a year-on-year increase of 52.9%; Imports amounted to 18.84 billion yuan, a year-on-year increase of 52.6%.
The achievements of Yiwu cannot be separated from a series of measures, and at the same time, Yiwu's response to the market and international situation has been very rapid. "The relevant person in charge of Hangzhou Customs analyzed that under the integration of multiple business formats, the multiplier effect of Yiwu's express supervision and international logistics integration is accelerating.
Market procurement trade continues to play the role of the "main engine". From January to February, Yiwu exported 127.76 billion yuan through market procurement, a year-on-year increase of 54.9%, accounting for over 80% of the city's total export value. At the same time, the bonded logistics industry has performed outstandingly, with an import and export volume of 10.34 billion yuan, a year-on-year increase of 56.8%, becoming a new driving force for growth.
Yiwu's "foreign trade circle of friends" has further expanded. From January to February, Yiwu conducted trade with 222 countries and regions worldwide, an increase of 9 compared to the same period last year. Africa is the largest market for Yiwu's imports and exports. From January to February, Yiwu's imports and exports to Africa amounted to 35.41 billion yuan, a year-on-year increase of 84.7%, accounting for 20.4% of the city's total import and export value. Africa is currently in a stage of rapid urbanization, which is a huge opportunity for us. Yiwu Discoverer Import and Export Co., Ltd. is one of the beneficiaries, and its small welding machines, cutting machines and other products are in high demand in Africa.
Yiwu's trade with ASEAN has become a prominent highlight, with an import and export volume of 24.74 billion yuan, a year-on-year increase of 99%, almost doubling, and the growth rate ranking first among major markets. The import and export to countries jointly building the "the Belt and Road" totaled 124.43 billion yuan, up 59.5% year on year, accounting for more than 70% of the city's total import and export value.
The export structure continues to be optimized and upgraded. From January to February, the export of mechanical and electrical products in Yiwu City reached 58.09 billion yuan, a year-on-year increase of 54.8%. Among them, the export of automotive spare parts was 3.07 billion yuan, a year-on-year increase of 100.8%.
The import market is also full of vitality, with consumer goods occupying half of the market. From January to February, Yiwu imported consumer goods worth 10.51 billion yuan, a year-on-year increase of 54.2%, among which edible aquatic products, meat, alcohol and beverages all achieved high-speed growth. It is reported that there are currently over 2500 types of imported goods in Yiwu, with consumer goods accounting for more than half of the import trade. Cross border e-commerce is an important channel for importing consumer goods. Since its closure and operation in 2021, the number of cross-border e-commerce import orders in Yiwu Comprehensive Bonded Zone has increased from over 27 million in that year to over 100 million in 2025, achieving a leap from "tens of millions" to "billions".