Foreign Trade Updates
In Q1 2026, China's goods trade imports/exports totaled 11.84 trillion yuan, up 15% YoY (highest in nearly 5 years). Highlights include stable foundation, market diversification, vibrant entities, optimized structure, and strong momentum.
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In 2026 Q1, China's goods trade import-export reached 11.84tr yuan (15% YoY growth, highest in 5 years). Supported by stable foundation, enterprise vitality and endogenous momentum, key exports like 3D printers, EVs and lithium batteries surged. Private enterprises led, with diversified markets. Global uncertainties exist, but China's foreign trade has solid stable growth foundation.
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The Ministry of Commerce and Export Import Bank of China jointly issued a notice to strengthen import-export credit support, promote high-quality commerce development for the 15th Five Year Plan, with measures on trade innovation, two-way investment, Belt and Road, and emphasize coordination to help enterprises and serve the plan's good start.
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In Q1 2026, China Europe freight trains via Tongjiang Railway Port grew 97.3% (73 trains) and 147% (8022 TEUs) YoY. Tongjiang Customs provides dedicated services and smart tech (IoT, drones) for efficient clearance, with diverse goods and enhanced radiation capacity.
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Bengbu electromechanical products (including die-casting machines) are expanding overseas, backed by Bengbu Customs’ support (certification help, smart clearance). In 2026’s first two months, Bengbu’s ME exports reached 910M yuan (23.9% yoy growth). Longhua’s die-casting machines go to 45 countries/regions, passing EU/US certifications via customs assistance.
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Xuancheng's wooden garden products (e.g., fences) see booming exports, supported by Xuancheng Customs' "one enterprise one policy" etc. This year's first two months' export value reached 40.51 million yuan, up 31.4% YoY. Geyue Crafts' orders are scheduled to Q2 with over 2 million yuan export value.
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Fujian's ship exports hit a record high in Jan-Feb 2026 (4.11B yuan, 2.1x YoY). State-owned enterprises led, with bulk carriers and liquid cargo ships (153.8x YoY growth) as key categories. EU and emerging markets (Latin America, Africa) contributed, supported by Xiamen Customs' facilitation.
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On April 7th, China's first cross-provincial/cross-customs aviation pre cargo terminal (Shanghai Airport Suzhou pre cargo terminal) operated 646 shipments with 705 million yuan export value in one year, improving customs clearance efficiency, reducing logistics costs, benefiting Suzhou enterprises, and will boost Yangtze River Delta foreign trade.
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The China (Inner Mongolia) Pilot Free Trade Zone plan is officially released, raising the total number of China's pilot FTZs to 23. After 13 years of development, they form a "geese formation" layout, focus on institutional innovation, and support high-quality economic development.
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The article discusses Spain-China relations' growing strategic value, highlighted by PM Sanchez's frequent visits. It covers bilateral stability, Spain's role in EU-China ties, economic cooperation (agriculture, manufacturing), global issue collaboration, and future mutual benefit prospects.
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Guangxi released its 2026-2028 3-year high-quality TCM industry development plan, focusing on expanding import varieties at 5 ports, building ASEAN-facing distribution centers, upgrading Yulin market, digital platforms, ASEAN trade zones, international cooperation (HK/Macao, ISO standards) and overseas promotion.
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Amid profound geopolitical adjustments, RCEP—the world's largest free trade agreement—acts as a key lever for addressing challenges, stabilizing trade, enhancing supply chain resilience, attracting investment, and promoting regional win-win cooperation. It has a growing role, increasing development opportunities, and urgent need for upgrading to inject certainty into the global economy.
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The 14th round of China Korea Free Trade Agreement second phase negotiations was held in Seoul (April 6-10, 2026), making positive progress on cross-border service trade, investment etc., to promote China-Korea economic and trade relations as per the 2015 FTA.
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On April 11, 2026, Spanish PM Sanchez began a 5-day official visit to China (his 4th in 4 years) to deepen bilateral ties, attract Chinese investment in strategic sectors, and cooperate under the EU framework. Both sides aim to strengthen mutual trust; Spanish sectors support the visit, experts view it as positive for EU-China understanding.
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Henan Sanote Biotechnology (a national specialized new "little giant") has overseas urgent orders for immunochromogenic reagents. Zhengzhou Customs uses intelligent approval and remote inspection to shorten clearance time, helping it expand to over 40 countries. In the first three months of this year, the customs approved over 100 special items worth 330 million yuan, up 32% year-on-year.
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Anhui Weimai Heavy Industry's new forklifts were exported to Brazil after passing Lu'an Customs supervision. The company obtained AEO certification with customs guidance, enjoying customs facilitation. Lu'an's electromechanical product exports rose 42.8% year-on-year in the first two months of this year.
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In the first two months of 2026, Ningbo Customs supervised the export of 216.49 tons of bee products worth 2.7371 million yuan. Ningbo Jinteng Bee Industry, a local leading exporter, benefits from the customs' industrial model promotion and quality control support to enhance international competitiveness.
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On April 1st, two 64.3m-high, 605-ton gantry cranes were first directly exported from Xiangshan Port (Ningbo) to Indonesia by Ningbo Lihua. Xiangshan Port and Customs optimized processes, saving over 3 million yuan per trip and cutting delivery time by half a month. 10 batches are planned this year (600 million yuan output), aiming to double next year.
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In Q1 2026, Ningbo Zhoushan Port's Meishan Port Area hit a record 3.5+ million TEU container throughput (13.3% YoY growth). Supported by optimized operations, smart customs (inspection robots), new berths, cross-border e-commerce, and multimodal transport, it laid a solid foundation for annual development.
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Shenzhen Customs reported its foreign trade hit a new high in the first two months of this year, with import/export reaching 824.23 billion yuan (37.3% YoY growth). Highlights include optimized product structure, diverse trade partners, and private enterprises as the main force.
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