Guangxi's foreign trade imports and exports increased by 9.6% year-on-year in the first 8 months

According to customs statistics, in the first eight months of 2026, Guangxi's foreign trade imports and exports amounted to 567.23 billion yuan, a year-on-year increase of 9.6%, and an acceleration of 0.7 percentage points compared to the first seven months. Among them, exports amounted to 305.35 billion yuan, which was basically the same as the same period last year; Imports amounted to 261.88 billion yuan, an increase of 23.7%.

Firstly, the increase in prices of major imported goods has a significant driving effect on foreign trade. Driven by factors such as strong global demand for artificial intelligence and geopolitical conflicts, international prices of some commodities have seen significant increases since the beginning of this year. In the first 8 months, Guangxi imported 53.071 million tons of bulk commodities, an increase of 11.5%, with a value of 154.16 billion yuan, an increase of 24.5%, accounting for nearly 60% of Guangxi's total import value during the same period. Among them, 2.981 million tons of copper concentrate increased by 3.4%, with an average price increase of 36.3%; The average import prices of soybeans and coal increased by 2.4% and 21.2% respectively. During the same period, copper materials and integrated circuits imported 9.66 billion yuan and 6.36 billion yuan respectively, an increase of 1.5 times and 33.1%, respectively, with an average import price increase of over 30%. The total growth rate of Guangxi's foreign trade during the same period was 7.3 percentage points higher for the above-mentioned products.

The second is the continuous development of new export drivers. In the first 8 months, the export of advantageous products such as automobiles and spare parts in Guangxi reached 25.27 billion yuan, an increase of 32%. Among them, plug-in hybrid vehicles increased significantly by 62.9 times, mainly from Liuzhou; Lithium battery shipments remained stable, with a total export of 16.83 billion yuan, an increase of 10.7%, of which lithium batteries for vehicles increased by 1.6 times. The export growth rate of key electronic and electrical components is good, with exports of flat panel display modules, printed circuits, and computer accessories reaching 19.36 billion yuan, 15.36 billion yuan, and 12.82 billion yuan, respectively, an increase of 28.3%, 1 fold, and 36.9%. The total growth rate of Guangxi's foreign trade during the same period was 4.5 percentage points higher for the above-mentioned products.
Thirdly, the import and export of 11 prefecture level cities are experiencing positive growth. Currently, Guangxi is promoting high-quality development of the offshore economy, and various districts and cities are actively building an open economic system by "going all out to the sea". In the first 8 months, Chongzuo's import and export reached 182.01 billion yuan, an increase of 1.9%; The import and export of Fangchenggang and Nanning reached 124.6 billion yuan and 65.17 billion yuan respectively, with an increase of 26.6% and 2.4%, respectively. During the same period, the import and export of Qinzhou, Liuzhou, Beihai, and Wuzhou maintained double-digit growth.

Fourthly, the import and export growth of major trading partners such as ASEAN is good. In the first 8 months, Guangxi's imports and exports to ASEAN reached 284.69 billion yuan, an increase of 3.5%, which was 1 percentage point faster than the previous 7 months and accounted for 50.2%; Among them, imports and exports to Vietnam amounted to 210.99 billion yuan, an increase of 4.1%. During the same period, it maintained a good growth trend in other emerging markets, with imports and exports to Latin America and Africa reaching 102.13 billion yuan and 38.28 billion yuan, respectively, an increase of 33.2% and 23.8%; The growth rate of imports and exports to the European Union is nearly 30%. In addition, imports and exports to other SCO member states amounted to 18.09 billion yuan, an increase of 19.6%. Recently, General Secretary of the Communist Party of China and President Xi Jinping attended the SCO summit and paid a state visit to Egypt, which will bring new impetus to the economic and trade cooperation between Guangxi, SCO member states, and Egypt.