4月深圳市进出口增长3.8%，外商投资企业进出口增速较快

Core Insights - Shenzhen's total import and export value reached 1.39 trillion yuan in the first four months of 2025, a decrease of 1% compared to the same period last year [2] - Exports amounted to 829.34 billion yuan, down 7%, while imports were 565.22 billion yuan, up 9.4% [2] Group 1: Trade Performance - In April, Shenzhen's total import and export value was 404.61 billion yuan, a year-on-year increase of 3.8%, marking the first time since September of the previous year that the value exceeded 400 billion yuan [2] - Exports in April were 243.95 billion yuan, down 2.9%, while imports were 160.66 billion yuan, up 15.7% [2] Group 2: Trade Composition - General trade accounted for nearly 60% of total trade, with bonded logistics and processing trade showing growth despite overall declines. In April, general trade was 229.42 billion yuan, down 0.8%, making up 56.7% of total trade [3] - Private enterprises accounted for 70.3% of trade, with imports and exports totaling 284.56 billion yuan, up 1.5%. Foreign-invested enterprises saw a growth of 11.5%, totaling 103.02 billion yuan, while state-owned enterprises experienced a decline of 1.3% [3] Group 3: Trade Partners - Trade with most major partners remained positive, except for ASEAN and the United States. In April, trade with ASEAN was 69.03 billion yuan, down 4.1%, while trade with the U.S. fell by 22.6% to 35.27 billion yuan [4] - Trade with Hong Kong increased by 6% to 62.06 billion yuan, and trade with Taiwan surged by 29.4% to 44.84 billion yuan [4] Group 4: Export and Import Categories - Exports of electromechanical products reached 180.9 billion yuan in April, a year-on-year increase of 7.3%, accounting for 74.2% of total exports. Key growth items included computers and components, which grew by 10% to 26.09 billion yuan [5] - Imports of electromechanical products totaled 129.89 billion yuan, up 15.1%, with integrated circuits leading the growth at 74.16 billion yuan, a 28.3% increase [6]