Jinan delivers robust foreign trade performance in 2025

Jinan's foreign trade recorded steady growth in 2025, characterized by expanding international partners and an optimized trade structure, according to a press conference held on Jan 29.

In 2025, a total of 287 enterprises each reported foreign trade values exceeding 100 million yuan ($14.4 million), with the combined volume reaching 58.89 billion yuan. Private enterprises remained the main driver, contributing 175.14 billion yuan and accounting for 60.4 percent of the city's total. State-owned enterprises also showed strong momentum, with their foreign trade value rising to 57.76 billion yuan, supported by increased imports of high-tech products and resources.

Jinan's trade network continued to diversify, maintaining ties with 233 countries and regions. Trade with emerging markets like ASEAN countries, Africa and Latin America reached 63.43 billion yuan, 40.72 billion yuan and 33.99 billion yuan, respectively. Meanwhile, traditional markets like the European Union and the United States remained stable, with imports and exports reaching 23.43 billion yuan and 16.35 billion yuan, respectively.

The city's export structure saw further upgrading. Mechanical and electrical products remained the leading category, totaling 129.43 billion yuan and accounting for 66.1 percent of total exports. Steel exports reached 14.26 billion yuan, up 46.4 percent. Exports of the "new trio" – new energy vehicles, lithium batteries and photovoltaic products – stood at 1.28 billion yuan, up 10.3 percent. A growing number of local brands, including Sinotruk, Bodor and Bloomage Biotechnology, have gained global recognition.

Imports also showed steady growth, reflecting rising domestic demand. Imports of mechanical and electrical products reached 42.97 billion yuan, up 22.7 percent, while imports of consumer goods hit 5.92 billion, up 10.9 percent. Notable increases were also recorded in raw materials such as metal ores and agricultural products.