Qingdao Today
According to statistics by Qingdao Customs, Qingdao’s imports and exports in the first four months of 2025 amounted to RMB291.1 bln, representing a year-on-year increase of 3.7%, 1.4 percentage points higher than the growth rate in the first quarter. Exports and imports stood at RMB175.64 bln and RMB115.46 bln, respectively.
Qingdao’s imports and exports in April gained 7.5% year on year to RMB79.9 bln. Among them, exports surged 10.8% to RMB47.96 bln, and imports increased 3% to RMB31.94 bln, respectively. Growth rates outpaced national average levels by 1.9, 1.5 and 2.2 percentage points. In view of the main features of imports and exports in the first four months, manufacturing enterprises in Qingdao showed great resilience amid the complex and volatile international economic and trade environment. Imports of mechanical and electrical products grew 11.9% to RMB91.14 bln, representing 51.9% of the total exports and boosting growth in exports by 6 percentage points. Exports of household appliances, auto parts, containers and general mechanical equipment increased 4%, 7.5%, 21.1% and 39.1%, respectively. Exports of agricultural products over the same period increased 3% and stood at RMB15.43 bln, accounting for 8.8% of the total exports. Steel exports surged 134.6% to RMB4.68 bln boosting growth in exports by 1.7 percentage points. (Liu Lanxing)