Guangxi_s_Q1_Trade_Hits_Record__30B__ASEAN_Leads_Growth

Guangxi’s Q1 Trade Hits Record $30B, ASEAN Leads Growth

South China's Guangxi Zhuang Autonomous Region reported a 10.2% year-on-year surge in foreign trade for Q1 2026, reaching 207.04 billion yuan ($30 billion) – the first time the region has crossed the 200 billion yuan threshold in a first-quarter period. Customs data reveals exports jumped 35.8% to 122.18 billion yuan, while imports grew steadily to 84.86 billion yuan.

ASEAN Dominance, Emerging Markets Expand

Nearly half of Guangxi's trade (48.7%) flowed through ASEAN partners, totaling 100.77 billion yuan. Trade with Latin America soared 64.5% to 32.73 billion yuan, while Africa and Middle Eastern partners saw 16.8% and 46.5% growth respectively. EU trade grew 47%, led by Germany and Spain.

Green Tech Powers Export Revolution

The region's 'new three' green exports – electric vehicles, lithium batteries, and solar products – skyrocketed 202% to 10.46 billion yuan. EV shipments alone surged 277.3%, while lithium battery exports grew 185.2%. Traditional strengths like machinery and electronics maintained 11.7% growth at 77.01 billion yuan.

Resource Imports Fuel Industrial Growth

Bulk commodity imports worth 51.94 billion yuan supported key industries like non-ferrous metals, while Spring Festival-driven consumer goods imports rose 12.4% to 3.64 billion yuan. Analysts note the balanced trade growth positions Guangxi as a vital link in Asia's supply chains.

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