Guangxi's foreign trade increased steadily in the first 10 months, with the three major emerging markets contributing nearly 90% of the increase

China News Service, Nanning, November 11 (Deng Xuan) Nanning Customs introduced on the 11th that in the first 10 months of 2026, Guangxi's foreign trade import and export reached 724.41 billion yuan, a year-on-year increase of 10.9%. Among them, exports were 386.31 billion yuan and imports were 338.1 billion yuan, a year-on-year increase of 1.3% and 24.3% respectively.

According to reports, in the first 10 months, ASEAN has been Guangxi's largest trading partner. The three major emerging markets of ASEAN, Latin America and Africa have contributed nearly 90% to Guangxi's foreign trade growth, becoming an important force in driving foreign trade growth.

Specifically, in the first 10 months, Guangxi's import and export to ASEAN was 366.6 billion yuan, an increase of 6.3%. Among them, Vietnam ranks first, reaching 276.34 billion yuan; Indonesia, Thailand, Malaysia, and Cambodia have a total import and export of 76.99 billion yuan, ranking second to fifth.

During the same period, Guangxi's import and export to other emerging markets showed good growth momentum. Its import and export to Latin America was 126.8 billion yuan, an increase of 30.1%. The top three countries, Peru, Brazil, and Chile, had a total import and export of 102.38 billion yuan; its import and export to Africa was 48.75 billion yuan, a growth rate of over 30%.

In terms of trade methods, general trade and bonded logistics accounted for more than 80%, both achieving double-digit growth. In the first 10 months, Guangxi's general trade import and export reached 331.03 billion yuan, an increase of 15.8%, hitting a record high in the same period in history; bonded logistics import and export reached 256.68 billion yuan, an increase of 25.8%; the two combined increased Guangxi's foreign trade growth rate by 15 percentage points during the same period.

The export side continues to pick up, with monthly growth picking up for three consecutive months. In the first 10 months, the export of mechanical and electrical products was 265.14 billion yuan, accounting for nearly 70% of the total export value. With the deepening of cross-border industrial cooperation between China and Vietnam, the export of electronic information intermediate products was 79.51 billion yuan, an increase of 41.5%; the export of "three new items" was 31.07 billion yuan, an increase of 23.2%, and the export coverage increased to 166 countries and regions. The two types of products combined drove the export growth rate to increase by 7.7 percentage points.

Bulk commodity imports strongly supported the high growth in imports. In the first ten months, Guangxi's bulk commodity import volume was 70.323 million tons, an increase of 11.3%, with a value of 194.74 billion yuan, accounting for 57.6% of the total import value. The import volume of aluminum ore increased by 1.4 times, and the import of copper materials surged by 1.6 times. The implementation of production capacity and downstream demand became important drivers.