Shenzhen Imports and Exports Hit Record RMB3.42 Trillion in First Seven Months of 2026, Up 32.8%

In the first seven months of 2026, Shenzhen's cumulative imports and exports reached RMB3.42 trillion, a record high for the period and an increase of 32.8% compared with the same period in 2025. Exports totaled RMB1.77 trillion, up 13.9%, while imports rose 61.9% to RMB1.65 trillion. The figures cover trade activity from January through July 2026.

By trade category, general trade imports and exports reached RMB1.75 trillion, up 23.1% and accounting for 51% of the total. Bonded logistics trade totaled RMB1.04 trillion, up 50.6% and representing 30.5% of the total. Processing trade amounted to RMB619.46 billion, up 37.4% and making up 18.1%. Private enterprises remained the main driver of Shenzhen's foreign trade, with imports and exports of RMB2.52 trillion in the seven-month period, up 40.4% and accounting for 73.7% of the total, contributing 28.2 percentage points to overall growth.

The export product mix continued to shift toward high-technology and high-value-added goods. Electromechanical product exports reached RMB1.37 trillion, up 17.5% and accounting for 77.2% of total exports. Among them, electronic component exports rose 43.8% to RMB285.41 billion, while computer and parts exports grew 21.6% to RMB217.07 billion. Exports of the "new three" products — electric vehicles, lithium batteries, and solar cells — totaled RMB78.73 billion, up 26.6%. On the import side, electromechanical products reached RMB1.28 trillion, up 53% and accounting for 77.7% of total imports.

In the first half of 2026, imports and exports of AI-related products such as computer components and electronic elements totaled RMB1.28 trillion, up 50.1%. As a major Chinese foreign trade hub, Shenzhen recorded total imports and exports of RMB4.55 trillion in 2025, ranking first among Chinese cities for the second consecutive year, with exports topping the national city rankings for 33 straight years. Qianhai Comprehensive Bonded Zone posted imports and exports of RMB401.43 billion in the first seven months of 2026, already surpassing its full-year 2025 level and up 82% year on year, maintaining its position as the top comprehensive bonded zone in the country.