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Exports

Qinghai Province Sees Record-Breaking Trade Growth, Exports Surge 90.3%

Strategic Insights

— 1 min read

In the first seven months of 2025, Qinghai Province recorded a total import and export value of 4.18 billion yuan, a 49.3% increase compared to the same period last year. Exports reached 3.69 billion yuan, a 90.3% increase, while imports totaled 490 million yuan, a 43.2% decrease.

Key Takeaways:

  • Qinghai Province's total import and export value reached 4.18 billion yuan, a 49.3% increase, with exports accounting for 88.3% of the total.
  • Private enterprises drove the growth, with 175 companies engaging in import and export, an increase of 25 over the same period last year, and accounting for 86.9% of the province's total foreign trade.
  • The province traded with 100 countries and regions, including 75 participating in the Belt and Road Initiative, with the top three countries for import and export volume being Hungary, Russia, and Vietnam.
  • The "New Three" (electric vehicles, lithium batteries, and photovoltaic products) contributed significantly to exports, with salt lake chemical product exports recording a rapid growth of 11.8 times.
  • Lithium-ion battery exports reached 1.69 billion yuan, a 16.9-fold increase, making them the province's top export commodity.
  • Photovoltaic product exports reached 0.9 billion yuan, an 11-fold increase.
  • The province's "Qing Zi Hao" specialty agricultural products saw a strong momentum in going overseas, with a cumulative export volume of 450 million yuan to 46 countries and regions.
  • Xining City remained the core of steady growth in the province's foreign trade, with import and export volumes reaching 3.33 billion yuan, a 43.9% increase.

Statistics:

  • Total import and export value: 4.18 billion yuan
  • Exports: 3.69 billion yuan, a 90.3% increase
  • Imports: 490 million yuan, a 43.2% decrease
  • Number of private enterprises: 175, an increase of 25 over the same period last year
  • Cumulative export volume of "Qing Zi Hao" specialty agricultural products: 450 million yuan
  • Number of types of exported agricultural products: 95, an increase of 56 over the same period last year
  • Export growth rate: ranked first in the country for six consecutive quarters

Sources:

  • Reporters from Xining Customs
  • News release from Qinghai Province of the People's Republic of China
  • http://www.qinghai.gov.cn/zwgk/system/2025/08/25/030080065.shtml

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