Ningxia's foreign trade volume exceeded 22.2 billion yuan in the first ten months, exceeding the scale of last year

China News Service, Yinchuan, November 14 (Reporter Li Peishan) The reporter learned from Yinchuan Customs on the 14th that in the first 10 months of this year, the total foreign trade value of Ningxia was 22.21 billion yuan, a year-on-year increase of 27.5%. The growth rate was 7.5 percentage points higher than that of the country, ranking seventh in the country. At present, Ningxia's foreign trade scale has reached 105.8% of the full year of 2025, surpassing last year's level two months ahead of schedule. The overall trend is increasing quarter by quarter and accelerating towards the end of the year.

Private enterprises are the core force driving Ningxia's foreign trade growth. In the first 10 months, Ningxia's private enterprises' import and export volume reached 18.21 billion yuan, a year-on-year increase of 34%, accounting for 82% of Ningxia's total import and export value, and their contribution to foreign trade growth reached 96.2%. The import and export of state-owned enterprises also grew strongly, with import and export volume of 1.84 billion yuan, a year-on-year increase of 65.9%.

Countries jointly building the “Belt and Road” are important growth poles for Ningxia’s foreign trade. In the first 10 months, Ningxia's imports and exports to countries co-building the "Belt and Road" were 11.64 billion yuan, a year-on-year increase of 35.8%, accounting for 52.4% of Ningxia's total imports and exports. Emerging markets such as Africa, Latin America, and Oceania have achieved impressive growth, while traditional key markets such as the European Union, ASEAN, and India have maintained steady growth, and market layout has continued to be optimized.

In terms of product exports, the structure continues to be optimized, with Ningxia’s export performance of basic organic chemicals, mechanical and electrical products, antibiotics and other products outstanding. In terms of imports, metal ores, mineral sands, and mechanical and electrical products maintain a relatively large scale. At the same time, Ningxia’s specialty agricultural and food products are exporting to the sea at an accelerated pace. In the first 10 months, imports and exports reached 276,000 tons, a year-on-year increase of 24.7%, and were sold to 90 countries and regions around the world. Ningxia's wolfberry export volume and export value rank first in the country, and the fresh fruit has been directly supplied to Hong Kong. (over)