“新三样”出海月报|3月出口数量实现高增长，广东贡献最大

Core Insights - The report highlights the export status of China's "new three items" (lithium-ion batteries, electric passenger vehicles, and solar cells) for the first quarter of 2025, indicating a total export value of $334.1 billion, a slight increase of 0.5% year-on-year [1][2]. Group 1: Export Performance - In March 2025, the total export value of "new three items" reached $129.6 billion, representing a year-on-year growth of 5.3%, with exports of $124.1 billion, up 5.7% year-on-year [1][3]. - Lithium-ion batteries accounted for 46.2% of the export value, electric passenger vehicles for 34%, and solar cells for 19.8%, with lithium-ion batteries' share increasing by 8.5 percentage points compared to the previous year [1][3]. - The export value of lithium-ion batteries in March was $57.3 billion, a 29.5% increase year-on-year, while the export quantity grew by 25.3% [3][5]. Group 2: Regional Performance - Guangdong province had the highest export value for "new three items" in March, totaling $217.15 million, a year-on-year increase of 69.8%, contributing significantly to national export growth [9][10]. - Among the 31 provinces, 19 experienced year-on-year growth in "new three items" exports, with Qinghai, Gansu, Guizhou, Yunnan, Sichuan, and Henan showing the fastest growth rates, all exceeding 150% [7][8]. Group 3: Export Destinations - The top ten export destinations for March included Germany, the United States, and India, with their respective shares being 9.8%, 9.5%, and 4.8% [12][14]. - The concentration of export destinations reached a historical low, with the top ten accounting for only 50.2% of total exports, a decrease from previous years [12][14]. Group 4: Impact of Trade Policies - The report indicates that the recent trade tensions, particularly with the U.S., have significantly impacted the export of lithium-ion batteries, which constitute 94% of the "new three items" exported to the U.S. [15][16]. - The provinces most affected by U.S. tariffs on lithium-ion batteries are Fujian and Guangdong, which account for 48% and 26.5% of exports to the U.S., respectively [15][16].