Ningxia's foreign trade shows significant growth in the first quarter

According to statistics from Yinchuan Customs, the import and export of foreign trade in the autonomous region reached 6.36 billion yuan in the first quarter, a year-on-year increase of 31.5%, ranking 8th in the country in terms of growth rate; Among them, exports reached 4.75 billion yuan, an increase of 28.2%, ranking sixth in the country in terms of growth rate, while imports reached 1.61 billion yuan, an increase of 42.3%, ranking fifth in the country in terms of growth rate.

Market diversification consolidation and expansion. In the first quarter, the EU, ASEAN, and Ghana were the top three trading partners, with imports and exports of 910 million yuan, 810 million yuan, and 740 million yuan, respectively, increasing by 18%, -3%, and 688.9%. Import and export to countries jointly building the "the Belt and Road" reached 3.39 billion yuan, up 48.7%, contributing more than 50% of foreign trade share; Actively exploring emerging markets such as Africa, Central Asia, and South America, imports and exports increased by 279.8%, 63.5%, and 68% respectively.

Market entities are active, and the role of private enterprises is prominent. In the first quarter, there were 492 import and export enterprises in the autonomous region, an increase of 71 or 16.9% compared to the same period last year. Among them, exports increased by 17%, imports increased by 27.8%, and the activity of foreign trade enterprises continued to increase. From the perspective of enterprise types, production-oriented and trade oriented enterprises have achieved dual growth, with 309 production-oriented enterprises, an increase of 16.2%, accounting for 62.9%, and 182 trade oriented enterprises, an increase of 18.2%, accounting for 37.1%; From the perspective of enterprise nature, there are 453 private enterprises, with a growth rate of 18.6% and accounting for 92.1%, continuing to play a role as a ballast.

Improving the quality and driving force of import and export commodities. In the first quarter, the import of bulk commodities reached 510 million yuan, an increase of 203.1%, with a proportion increase of 16.8 percentage points, driving the import growth of the autonomous region by 30.1 percentage points and providing raw material support for enterprise production. During the same period, the import of agricultural products reached 280 million yuan, an increase of 86.6%. The proportion of high-energy consumption and high emission goods exported decreased by 0.8 percentage points; The export of electromechanical products reached 1.33 billion yuan, an increase of 90.2%, with a proportion increase of 9.1 percentage points; The export of high-tech products such as new materials, biomedicine, medical instruments, and instrumentation increased by 161.3%, 11.5%, and 169.9% respectively. The export product structure continued to optimize, and the added value and competitiveness of the products continued to improve.

Overall, in the first quarter, Ningxia's foreign trade had a strong start, with continuous structural optimization, accumulating momentum, and fully demonstrating vitality, laying the foundation for stable growth and quality improvement of foreign trade throughout the year. Next, Yinchuan Customs will focus on the "15th Five Year Plan", strengthen institutional safeguards, enhance regulatory efficiency, assist in optimizing the business environment, fully unleash the policy measures of the 2026 Cross border Trade Facilitation Special Action, inject new energy and stimulate new vitality for the high-quality development of the autonomous region's open economy.