Ningxia's foreign trade import and export in the first 8 months reached 17.72 billion yuan, a year-on-year increase of 23.9%
According to statistics from Yinchuan Customs, the total import and export value of Ningxia's foreign trade in the first eight months of 2026 was 17.72 billion yuan, a year-on-year increase of 23.9%, 6.3 percentage points higher than the national growth rate, ranking 9th in the country in terms of growth rate. Among them, imports amounted to 4.26 billion yuan, an increase of 10.8%; Exports amounted to 13.46 billion yuan, an increase of 28.7%.
The relevant person in charge of Yinchuan Customs stated, "Since the beginning of this year, Yinchuan Customs has adhered to cross departmental coordination and linkage. On the basis of stabilizing the basic situation of foreign trade in the whole district, it has continued to explore the development potential of characteristic advantageous industries, key industrial parks, and production enterprises, and helped improve the quality and efficiency of foreign trade in the whole district. In August, the total import and export value of Ningxia's foreign trade was 2.24 billion yuan, a year-on-year increase of 21.2%.
Private enterprises have made outstanding contributions, with diverse entities advancing simultaneously
From the perspective of market entities, private enterprises in Ningxia, as the largest foreign trade entity, have contributed 105.2% to the growth of foreign trade in the autonomous region, with imports and exports reaching 14.72 billion yuan, an increase of 32.2%, accounting for 83.1% of the total import and export value of the region. State owned enterprises led the growth rate, with imports and exports reaching 1.27 billion yuan, an increase of 32.6%, accounting for 7.2%. Affected by factors such as high base and localization substitution, the import and export of foreign-invested enterprises reached 1.73 billion yuan, a decrease of 22.1%, accounting for 9.7%.
Major trading partners work together to achieve significant results in exploring emerging markets
Ningxia continues to deepen its exchanges with major trading partners. Imports and exports to ASEAN, India, the United States, Japan, and Ghana amounted to 2.36 billion yuan, 1.64 billion yuan, 1.52 billion yuan, 1.34 billion yuan, and 1.16 billion yuan, respectively, with growth rates of 3.9%, 33.4%, 23.3%, 48.9%, and 141.7%, respectively. The total proportion of these trading partners is 59.1%. At the same time, outstanding achievements have been made in the development of emerging markets, with imports and exports to Africa, Latin America, and Central Asia increasing by 72.1%, 50.8%, and 81.7% respectively, effectively reducing dependence on a single channel and continuously improving the ability of foreign trade to resist risks.
The development trend of various cities is differentiated, and the growth of Shizuishan Zhongwei in Yinchuan is strong
From the perspective of various cities, the development trend of import and export is clearly differentiated. The import and export of Yinchuan City reached 9.02 billion yuan, an increase of 12%, supported by the cost advantages of equipment imports and coal to olefin production, as well as the recovery of the polyolefin industry. The import and export of Shizuishan City reached 5.24 billion yuan, an increase of 40.3%. The city has increased its potential for foreign trade and relied on new materials and chemical industry clusters to form a major increment in the import of niobium tantalum iron alloy, iron ore, manganese ore, and electrochemical equipment. The import and export of Zhongwei City reached 2.67 billion yuan, an increase of 54%. The import and export of Wuzhong City reached 540 million yuan, an increase of 7%. Guyuan City's import and export amounted to 240 million yuan.
Strong import of bulk commodities, coordinated growth of multiple export categories
In terms of imports, the import of bulk commodities reached 1.34 billion yuan, an increase of 54.1%, accounting for 31.5% of the total import value of the region, driving the import growth of the autonomous region by 12.2 percentage points and providing raw material support for key industries in the region. Among them, manganese ore imports amounted to 920 million yuan, an increase of 56.6%; The import of iron ore reached 240 million yuan, an increase of 458.3 times, effectively supporting the development of industries such as metallurgy and new materials in the region.
In terms of exports, advantageous categories have achieved multi-point growth. The export of basic organic chemicals reached 2.81 billion yuan, an increase of 33%, accounting for 20.9% of the total export value of the region; The export of electromechanical products reached 2.68 billion yuan, an increase of 50.7%, accounting for 19.9%; The export of antibiotics was 750 million yuan, an increase of 32.4%, accounting for 5.6%.