As we are about to enter 2024, China’s 2023 foreign trade report cards for each province have been released.
Let’s take a look at who are the top 10 exporters in the first 11 months!
- 1
Guangdong Province
As the number one foreign trade province, Guangdong exported 4.94 trillion yuan in the first 11 months, a year-on-year increase of 2%. It is worth noting that in November, Guangdong Province’s exports were still in decline, with a year-on-year decrease of 1.7%.
In terms of export categories, in the first 11 months, Guangdong’s exports of mechanical and electrical products increased by 0.8%, accounting for 65.5% of Guangdong’s total export value.
Automatic data processing equipment and its parts, electrical equipment, and household appliances with large export values increased by 0.6%, 1.9%, and 6.9% respectively; the “three new items” electric passenger vehicles, lithium batteries, and solar cells increased by 3.1 times, respectively. 18.1%, 27.5%; integrated circuits and ships increased by 24.4% and 47%.
- 2
Zhejiang Province
In the first 11 months, Zhejiang’s export data surpassed Jiangsu’s and ranked second, with a total export value of 3.28 trillion yuan, an increase of 3.5%. On the one hand, the proportion of mechanical and electrical exports has increased. Among them, the export of household appliances was 97.16 billion yuan, an increase of 15.7%, and the total export of “three new products” was 131.72 billion yuan, an increase of 14.0%.
On the other hand, the export growth rate of labor-intensive products was better than that of the whole country, with a total export of 998.87 billion yuan, an increase of 3.6%. Clothing, plastic products, shoes, and bags increased by 3.0%, 8.5%, 5.6%, and 25.8% respectively.
- 3
Jiangsu Province
Jiangsu’s single-month export performance in November was very impressive, with exports of 310.36 billion yuan, an increase of 8.2%; exports from January to November totaled 3.06 trillion yuan, but the growth rate was still declining, down 3.6% year-on-year. In terms of market, Jiangsu’s imports and exports to the Middle East, Africa, and India increased by 19.8%, 6.8%, and 6.5% respectively in the first 11 months;
In terms of export categories, the proportion of exports of mechanical and electrical products has increased, and exports of mobile phones, ships, etc. have increased significantly. From January to November, Jiangsu’s exports of mechanical and electrical products were 2.08 trillion yuan, down 0.7%, accounting for 68.1% of Jiangsu Province’s total export value during the same period, and its proportion in the province’s total export value increased by 2 percentage points from the same period last year to 68.7%. Exports of mobile phones and ships increased by 68% and 43.4% respectively.
- 4
Shandong Province
Shandong’s exports in the first 11 months were 1.75 trillion yuan, an increase of 1.5%.
The total export value of mechanical and electrical products, accounting for 46.3% of exports, was 810.41 billion yuan, an increase of 9.3%. Among them, the most eye-catching exports were game consoles of 83.8 billion yuan, an increase of 26.1%; automobile exports were 45.2 billion yuan, an increase of 39.5%. During the same period, the export of Laomi products was 334.7 billion yuan, an increase of 1.3%, and the export of agricultural products was 133.66 billion yuan, an increase of 6.4%.
- 5
Shanghai
Shanghai’s exports in the first 11 months were 1.59 trillion yuan, an increase of 1.7%.
The “three new items” are the main driving force for Shanghai’s export growth, driving export growth by 3.2 percentage points, especially exports of electric passenger vehicles and lithium batteries of 35.82 billion yuan, an increase of 45.3% and 56.5% respectively.
- 6
Fujian Province
In November this year, Fujian’s export scale exceeded 110 billion yuan for the first time this year, reaching 114.2 billion yuan, an increase of 3.1% over the same period last year. The total export volume in the first 11 months reached 763.29 billion yuan, a year-on-year increase of 2.9%.
In November, exports of automobiles, ships and lithium-ion batteries played a major role in driving exports, especially automobiles, which increased by 276.3% year-on-year. The overall highlight from January to November was automatic data processing equipment and its parts, which increased by 164.3% year-on-year, totaling 9.12 billion yuan.
ASEAN, the United States and the European Union are Fujian’s main export markets, accounting for half of the country. In November, Fujian’s exports to ASEAN were 25.94 billion yuan, an increase of 0.7%; exports to the United States were 20.09 billion yuan, an increase of 16.6%; exports to countries jointly building the “Belt and Road” also increased, reaching 51.55 billion yuan, an increase of 2.4%.
- 7
Beijing
In the first 11 months, Beijing exported 549.78 billion yuan.
In the first 11 months, Beijing’s top five trading partners were the European Union, the United States, ASEAN, Brazil, and Australia. The top five export commodities in Beijing are refined oil, mobile phones, steel, integrated circuits, and auto parts, which together account for 55.1% of the total regional export value.
- 8
Sichuan Province
Sichuan’s import and export scale in the first 11 months ranked eighth in the country and ranked first in the western region. Its exports in November were 62.79 billion yuan, a year-on-year increase of 2.3%.
In the first 11 months of this year, the Sichuan market’s procurement exports were 29.47 billion yuan, a year-on-year increase of 5.2%; the export of foreign contracted projects was 3.79 billion yuan, a year-on-year increase of 43%.
In terms of categories, the export of “three new” foreign trade products such as electric passenger vehicles, solar cells, and lithium-ion batteries totaled 14.91 billion yuan, a year-on-year increase of 49.8%. During the same period, the export of labor-intensive products was 64.65 billion yuan, a year-on-year increase of 40.6%. Among them, the exports of textiles and clothing, plastic products, and shoes were 25.23 billion yuan, 11.68 billion yuan, and 9.61 billion yuan respectively, representing year-on-year increases of 46.6%, 23.7%, and 32.8% respectively.
- 9
Anhui Province
Anhui has entered the top ten this time. In the first 11 months, its exports were 482.35 billion yuan, an increase of 13.7%. In November, its exports were 48.21 billion yuan, an increase of 15.8%.
Automobile exports are still the bright spot, with exports in the first 11 months reaching 65.83 billion yuan, a year-on-year increase of 129.1%. At the same time, the export development of the “three new products” has promoted the continuous upgrading of the foreign trade structure. The total export of electric passenger vehicles, lithium batteries, and solar cells was 36.49 billion yuan, an increase of 16.5%.
- 10
Henan Province
In November, Henan relied on the growth rate of “49.91 billion yuan in single-month exports, an increase of 77.9%” to drive total exports. The total exports in the first 11 months were 477.01 billion yuan, an increase of 2.6%, ranking tenth in the country.
From January to November, Henan’s mobile phone exports accounted for 46.6% of the province’s export value, and the fastest export growth rate was automobiles, which increased by 107.1% year-on-year. The export of labor-intensive products was 29.03 billion yuan, an increase of 0.1%, of which furniture was 8.15 billion yuan, an increase of 14.4%. Exports of human hair products were 18.29 billion yuan, an increase of 16%.
The rapid growth of exports of automobiles, human hair products and agricultural products were the main highlights of foreign trade exports in the first 11 months. Together, the three increased the province’s foreign trade export growth by 3.6 percentage points. In addition, in terms of new kinetic energy, in the first 11 months, Henan’s “three new items” of electric vehicles, lithium batteries, and solar cells exported a total of 6.7 billion yuan, an increase of 19.6%.
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