According to Jinhua Customs, Jinhua achieved a total import and export value of 170.82 billion RMB in the first quarter, a year-on-year increase of 11.3%. Exports alone reached 146.46 bn RMB, an increase of 8.2%; imports reached 24.36 bn RMB, an increase of 34.8%. The growth rate of imports and exports is higher than the provincial averages.

In the first quarter, Jinhua's foreign trade rebounded and grew at a leading rate. In March, the export growth rate reached a new high since August of last year, with growth rates of the imports and exports reaching 6.5, exports 2.1, and imports 33.8 percentage points higher than the provincial averages. In the first quarter, Jinhua's export scale ranked second in Zhejiang.

Emerging markets maintained continual growth. In the first quarter, Jinhua exported goods worth 22.19 bn RMB to Africa, 20.47 bn RMB to the Middle East, and 18.73 bn RMB to Latin America, a year-on-year growth of 14.1%, 27.5%, and 24.7% respectively. Exports to the United States decreased to 19.25 bn RMB, a year-on-year decrease of 12.2%, which was a reduction of 14.5 percentage points compared to the fourth quarter of last year. Exports to the European Union reached 23.33 bn RMB, a year-on-year increase of 9.9% and a rise of 17.8 percentage points compared to the fourth quarter of last year.

The three major export commodities have entered a stable stage. The export values of mechanical and electrical products, clothing, and plastic products reached 63.19 bn RMB, 13.05 bn RMB, and 12.55 bn RMB, with year-on-year growth of 3.6%, 6.1%, and 15.6% respectively.

The number of market entities has also increased. In the first quarter, the import and export of private companies increased by 11.7%, accounting for 98.5% of Jinhua's total import and export value; Among them, exports increased by 8.6% and imports increased by 34.8%. During the same period, there were 11,314 foreign trade companies with import and export business in Jinhua, an increase of 8.1%. Among them, there were 10,641 export companies, an increase of 8.0%, and 1702 import companies, an increase of 8.5%.

The contribution of open platforms has been improved. The import of the Jinyi Comprehensive Bonded Zone reached 10.63 bn RMB, an increase of 61.7%, which is 19.9 percentage points higher than the provincial average. The import of Yiwu's Comprehensive Bonded Zone reached 5.90 bn RMB, an increase of 62.8%.