2025年1-5月，宁夏回族自治区进出口总额（海关口径）为86亿元，比上年同期增长2.5%，其中出口额 为64.54亿元，同比增长9.6%，进口额为21.42亿元，同比下滑14.4%，贸易顺差为43.12亿元。 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 数据来源：海关总署，智研咨询整理 上市企业：中成股份（000151），远大控股（000626），厦门信达（000701），凯瑞德（002072），江 苏国泰（002091），怡亚通（002183），鹏都农牧（002505），五矿发展（600058），苏豪弘业 （600128），东方创业（600278），江苏舜天（600287），ST沪科（600608），苏美达（600710）， 云维股份（600725），汇鸿集团（600981），中信金属（601061） 相关报告：智研咨询发布的《2025-2031年中国数字贸易行业竞争策略研究及未来前景展望报告》 ...

天眼查App显示，近日，内蒙古百思特进出口贸易有限公司成立，法定代表人为封彩虹，注册资本10万 人民币，经营范围为一般项目：货物进出口；初级农产品收购；食用农产品初加工；食用农产品零售； 互联网销售（除销售需要许可的商品）；食品销售（仅销售预包装食品）；国内贸易代理。（除依法须 经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

Core Viewpoint - Shenzhen's import and export activities serve as a barometer for the national foreign trade situation, with recent statistics indicating a stabilization in trade after a period of decline [3][4]. Group 1: Import and Export Statistics - In the first seven months of the year, Shenzhen's total import and export value reached 2.58 trillion yuan, remaining flat compared to the same period last year, marking an end to six consecutive months of year-on-year decline [3]. - The total import and export value for Shenzhen in 2022 was 4.5 trillion yuan, reflecting a growth of 16.4% year-on-year, with exports amounting to 2.81 trillion yuan, up 14.6% [3]. - For the first seven months of this year, Shenzhen's exports totaled 1.56 trillion yuan, a decrease of 5.4%, while imports increased by 9.4% to 1.02 trillion yuan [4]. Group 2: Trade Methods and Enterprises - General trade accounted for 54.9% of Shenzhen's total import and export value in the first seven months, amounting to 1.42 trillion yuan [4]. - The number of foreign trade enterprises in Shenzhen reached a historical high of 49,000, with an increase of 2,300 compared to the previous year [4]. Group 3: Export Products and Growth - The export of electromechanical products reached 1.17 trillion yuan, growing by 4.4% and constituting 74.7% of total exports [4]. - Key products such as computers and components, audio-visual equipment, and lithium batteries saw significant export growth, with lithium battery exports increasing by 37.9% [4]. - High-end equipment exports, including specialized equipment and high-end machine tools, continued to grow for five consecutive quarters, with a 19.8% increase in the first seven months [4]. Group 4: Market Diversification - Shenzhen has actively expanded its export markets, with trade to ASEAN countries maintaining the largest share, and trade with Central Asian countries growing by 18.8% [5]. - The import of electronic components and automatic data processing equipment has increased by 18.2% and 9.7%, respectively, driven by the city's push to become a leader in artificial intelligence [5].

Core Insights - Shenzhen's import and export activities serve as a barometer for the national foreign trade situation, with the city being the largest in terms of import and export scale in mainland China for 2024 [2] Trade Performance - In the first seven months of this year, Shenzhen's total import and export value reached 2.58 trillion yuan, remaining flat compared to the same period last year, marking an end to six consecutive months of year-on-year decline [2] - Shenzhen's total import and export value for the entire year of last year was 4.5 trillion yuan, reflecting a growth of 16.4%, with exports at 2.81 trillion yuan, up 14.6% [2] - The overall trend for Shenzhen's import and export activities has shown gradual improvement month by month, despite challenges from trade wars and other adverse factors [2] Export and Import Breakdown - In the first seven months, Shenzhen's exports totaled 1.56 trillion yuan, a decrease of 5.4% year-on-year, while imports reached 1.02 trillion yuan, an increase of 9.4% [2] - The general trade method accounted for 54.9% of Shenzhen's total import and export value, with a total of 1.42 trillion yuan; bonded logistics contributed 27.1% with 699.28 billion yuan, and processing trade made up 17.5% with 451.19 billion yuan [2] Trade Entities - There were 49,000 foreign trade enterprises with import and export performance in Shenzhen in the first seven months, a historical high, with an increase of 2,300 compared to the previous year [3] - Private enterprises accounted for nearly 70% of the total import and export value, amounting to 1.8 trillion yuan, while foreign-invested enterprises saw an 11.3% growth in their import and export activities [3] Export Products - The traditional electronic information industry and strategic emerging industries maintained growth in exports, with mechanical and electrical products reaching 1.17 trillion yuan, a growth of 4.4%, accounting for 74.7% of total exports [3] - Specific product exports included computers and components at 179.51 billion yuan (growth of 10.8%), audio-visual equipment and parts at 50.27 billion yuan (growth of 5.5%), lithium batteries (growth of 37.9%), and pure electric passenger vehicles (growth of 21.7%) [3] - "New quality productivity" led Shenzhen's exports, with high-end equipment exports growing 19.8% over five consecutive quarters [3] Market Diversification - Shenzhen has actively expanded its export markets, with ASEAN countries maintaining the largest share of imports and exports, and trade with Central Asian countries growing by 18.8% [4] - Imports of electronic components and automatic data processing equipment increased by 18.2% and 9.7%, respectively, driven by the city's push to become a pioneer in artificial intelligence [4] - Consumer goods imports grew by 6.7%, with significant increases in edible aquatic products and cosmetics, both showing double-digit growth [4] National Context - Nationally, the total value of goods trade in the first seven months reached 25.7 trillion yuan, a growth of 3.5%, with exports at 15.31 trillion yuan (growth of 7.3%) and imports at 10.39 trillion yuan (a decrease of 1.6%) [4]

Group 1 - Shenzhen's total import and export value for the first seven months reached 2.58 trillion yuan, remaining flat compared to the same period last year, with exports at 1.56 trillion yuan and imports at 1.02 trillion yuan, showing a growth of 9.4% [1] - In July alone, Shenzhen's import and export value was 415.94 billion yuan, an increase of 6.2%, with exports at 255.62 billion yuan (up 4.7%) and imports at 160.32 billion yuan (up 8.8%) [1] - General trade accounted for 54.9% of Shenzhen's total import and export value in the first seven months, with a total of 1.42 trillion yuan, while bonded logistics and processing trade accounted for 27.1% and 17.5% respectively [1] Group 2 - Private enterprises accounted for nearly 70% of Shenzhen's import and export activities, with a total of 1.8 trillion yuan, representing 69.8% of the total, while foreign-invested enterprises saw an 11.3% growth, totaling 678.58 billion yuan [2] - Mechanical and electrical products maintained a dominant position, with exports of 1.17 trillion yuan (up 4.4%) and imports of 836.56 billion yuan (up 14.7%), making up 74.7% and 82.1% of their respective categories [2] - Exports of "new three samples" products, such as lithium batteries and pure electric passenger vehicles, grew by 37.9% and 21.7% respectively, while integrated circuit exports reached 133.93 billion yuan, increasing by 40.9% [2]

Group 1 - The core viewpoint of the articles highlights that Sichuan's foreign trade has shown resilience amid complex international conditions, with a total import and export value of 602.57 billion yuan in the first seven months, marking a year-on-year increase of 3.9% [1] - Sichuan's export value reached 364.11 billion yuan, reflecting a year-on-year growth of 6.4%, while imports totaled 238.46 billion yuan, with a slight increase of 0.2% [1] - The number of enterprises engaged in import and export activities in Sichuan exceeded 8,000, representing a year-on-year increase of 9.2%, with private enterprises accounting for 90% of this total [1] Group 2 - The export structure of Sichuan's foreign trade is continuously optimizing, with significant growth in high-value products such as integrated circuits, high-end equipment, and flat panel display modules, which saw increases of 38.5%, 73.6%, and 24.6% respectively [2] - The "new three samples" products, which include solar products and lithium-ion batteries, experienced remarkable growth, with exports reaching 16.65 billion yuan, a year-on-year increase of 88.7%, and lithium-ion battery exports soaring by 1021.3% [2] - Imports of advantageous industries are also on the rise, with integrated circuit imports at 127.73 billion yuan, a growth of 3.8%, and computer parts imports increasing by 12.2% [2]

Group 1 - The market previously worried that with the weakening momentum of "export grabbing," China's exports might face significant downward pressure in the second half of the year, with a risk of a substantial decline in the fourth quarter. The expected annual export growth rate was only around 3%. However, it is believed that due to the resilient economic growth in emerging markets like ASEAN and Africa, as well as improvements in China-Europe trade amid uncertainties in US tariffs, China's exports are likely to continue exceeding expectations in the second half of the year. The projected export growth rates for Q3 and Q4 are 5.9% and 1.0%, respectively, leading to an expected annual growth rate of 4.6%, which is about 1.6 percentage points higher than market expectations, potentially boosting GDP growth by approximately 0.3 percentage points [1][12][14] - The high growth of exports to emerging markets is not solely driven by "export grabbing." The new tariff framework has seen limited adjustments in major transshipment regions, including ASEAN, with most rates still lower than the tariffs imposed on China. Additionally, the actual demand from emerging markets has been a significant driver of high export growth. The manufacturing PMI of emerging markets (excluding China) has consistently been above that of developed countries, indicating stronger demand in regions like ASEAN and Africa [2][12][10] - The uncertainty surrounding US tariffs may continue to support improvements in China-Europe trade. The high growth of exports to the EU this year is partly due to the easing of trade relations between China and the EU amid US-EU trade frictions. Despite existing differences in various economic and trade issues, the EU is unlikely to worsen its economic ties with China, allowing for continued resilience in exports to the EU in the second half of the year [3][13] Group 2 - The US's dual approach of loose monetary and fiscal policies is expected to maintain external demand resilience next year. The market anticipates that the Federal Reserve may lower interest rates by 150 basis points to around 3% by the end of next year, with a consensus on the continuation of the easing cycle. The new Federal Reserve chair, nominated by Trump, may implement even looser policies in the second half of 2026, further stimulating total demand in the US economy [4][14] - The "Great Beautiful Act" is projected to have a significant positive impact on the US economy over the next 1-3 years. The act is expected to increase US economic output by 1.21% over the next 30 years compared to previous baseline expectations. The act's implementation is characterized by an initial phase of fiscal expansion followed by monetary tightening, which will positively affect the output gap in the US economy during the early years [5][17]

Core Insights - Shenzhen's foreign trade has shown resilience in 2023, with total imports and exports reaching 2.58 trillion yuan in the first seven months, maintaining the same level as the previous year and ranking first among mainland cities in foreign trade [1][2] Group 1: Trade Performance - Exports totaled 1.56 trillion yuan, while imports reached 1.02 trillion yuan, marking a 9.4% increase [1] - In July alone, Shenzhen's total trade was 415.94 billion yuan, a 6.2% increase year-on-year, with exports hitting a record monthly high of 255.62 billion yuan, up 4.7% [1] Group 2: Trade Composition - General trade accounted for over half of the total trade, with 1.42 trillion yuan in imports and exports, representing 54.9% of the total [1] - Bonded logistics saw a 13.7% increase, totaling 699.28 billion yuan, making up 27.1% of the total trade [1] - Processing trade contributed 451.19 billion yuan, accounting for 17.5% [1] Group 3: Trade Partners - Trade with major partners such as Hong Kong, Taiwan, the EU, South Korea, and Japan grew, totaling 1.22 trillion yuan, a 10% increase, representing 47.2% of total trade [1] Group 4: Enterprise Contributions - Private enterprises accounted for 1.8 trillion yuan in trade, making up 69.8% of the total [2] - Foreign-invested enterprises saw an 11.3% increase in trade, totaling 678.58 billion yuan, representing 26.3% [2] - State-owned enterprises contributed 99.14 billion yuan [2] Group 5: Export Highlights - The traditional electronics and strategic emerging industries maintained strong export performance, with mechanical and electrical products totaling 1.17 trillion yuan, a 4.4% increase, accounting for 74.7% of exports [2] - Key products included computers and components (179.51 billion yuan, up 10.8%) and audio-visual equipment (50.27 billion yuan, up 5.5%) [2] - Emerging industries like lithium batteries and pure electric vehicles saw exports grow by 37.9% and 21.7%, respectively, while integrated circuits reached 133.93 billion yuan, a 40.9% increase [2] Group 6: Import Highlights - Imports of mechanical and electrical products reached 836.56 billion yuan, a 14.7% increase, accounting for 82.1% of total imports [2] - Integrated circuits were imported at 454.69 billion yuan, up 19.6%, while computer components like graphics cards and servers surged by 47.8% to 184.4 billion yuan [2] - Agricultural product imports totaled 59.16 billion yuan, a 7.7% increase, representing 5.8% of total imports [2]

Core Insights - The high growth in Shanghai's import and export activities is attributed to the AEO certification which accelerates customs clearance and the support from policy service packages [1] Group 1: Trade Performance - In the first seven months of this year, the total import and export value of private enterprises in Shanghai reached 982.38 billion yuan, representing a year-on-year increase of 25.5% [1] - Exports amounted to 535.7 billion yuan, showing a year-on-year growth of 27% [1] - Imports totaled 446.68 billion yuan, with a year-on-year increase of 23.6% [1] Group 2: Contributing Factors - The growth is significantly supported by the AEO certification which helps enterprises to expedite customs processes and expand overseas markets more efficiently [1] - The upgrade of processing trade models and the implementation of "zero delay" customs clearance for fresh agricultural products have also contributed to the substantial increase in export volumes [1]

数据来源：海关总署，智研咨询整理 2025年1-5月，湖北省进出口总额（海关口径）为3287.4亿元，比上年同期增长26.9%，其中出口额为 2383.71亿元，同比增长36.3%，进口额为903.69亿元，同比增长7.4%，贸易顺差为1480.02亿元。 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 上市企业：中成股份（000151），远大控股（000626），厦门信达（000701），凯瑞德（002072），江 苏国泰（002091），怡亚通（002183），鹏都农牧（002505），五矿发展（600058），苏豪弘业 （600128），东方创业（600278），江苏舜天（600287），ST沪科（600608），苏美达（600710）， 云维股份（600725），汇鸿集团（600981），中信金属（601061） 相关报告：智研咨询发布的《2025-2031年中国数字贸易行业竞争策略研究及未来前景 ...