According to data from the Guangdong Sub-Administration of the General Administration of Customs of the People's Republic of China(GACC), Guangdong's total imports and exports reached 9.8 trillion yuan in the first 10 months of this year, surpassing the full-year total for 2025. That was up 25.7 percent year on year and made up 21.9 percent of China's total foreign trade, one percentage point more than a year earlier.
Exports rose 15.1 percent to 5.73 trillion yuan, while imports surged 44.6 percent to 4.07 trillion yuan. The trade surplus narrowed 23.2 percent to 1.66 trillion yuan.
Foreign trade has topped 1 trillion yuan a month for five months in a row. In October alone, Guangdong's imports and exports reached 1.08 trillion yuan, up 37.3 percent year on year.
Trade with major partners continued to grow. ASEAN and Hong Kong SAR were Guangdong's two largest trading partners in the first 10 months, with trade reaching 1.55 trillion yuan and 1.53 trillion yuan, up 23.1 percent and 47.7 percent, respectively. Trade with the European Union totalled 985.33 billion yuan, up 5.3 percent. Trade with the United States and Taiwan Province of China reached 894.02 billion yuan and 811.98 billion yuan, up 12.6 percent and 17 percent, respectively.
Trade with other APEC economies rose 27.8 percent to 6.47 trillion yuan, while trade with countries participating in the Belt and Road Initiative increased 19.6 percent to 3.59 trillion yuan.
Private enterprises remained a major force in Guangdong's foreign trade. Their trade reached 6.66 trillion yuan, up 34.3 percent—8.6 percentage points higher than the overall growth rate. They accounted for 68 percent of the province's total foreign trade, up 4.4 percentage points year on year.
Imports and exports by foreign-invested enterprises reached 2.85 trillion yuan, up 14.5 percent, and made up 29.1 percent of the total. Their growth was 0.6 percentage points faster than in the first nine months.
Exports of high-tech and traditional products both expanded. Exports of mechanical and electrical products reached 4.06 trillion yuan, up 19.2 percent, and made up 70.9 percent of Guangdong's total exports.
Exports of computers and components, integrated circuits and electrical equipment rose 29.9 percent, 56.4 percent and 27.1 percent to 477.57 billion yuan, 473.5 billion yuan and 459.09 billion yuan, respectively.
Exports of drones, 3D printers and digital cameras rose 10.4 percent, 113 percent and 58.7 percent, respectively. Guangdong accounted for 95.4 percent, 85.8 percent and 78.6 percent of China's exports of these products, respectively.
Exports of traditional products also picked up. Exports of labour-intensive products, household appliances and mobile phones reached 660.09 billion yuan, 298.24 billion yuan and 201.04 billion yuan, up 10.2 percent, 7.5 percent and 15.1 percent, respectively. Their growth rates accelerated by 2.1, 0.5 and 1.7 percentage points from the first nine months.
Import growth outpaced export growth by 29.5 percentage points in the first 10 months. Imports of integrated circuits surged 53.2 percent to 1.61 trillion yuan, accounting for 39.5 percent of the province's total imports. Imports of computers and components jumped 135.2 percent to 674.95 billion yuan, making up 16.6 percent of the total.
Imports of unwrought copper and copper products rose 36.1 percent to 56.9 billion yuan, while imports of metal ores and minerals increased 23.8 percent to 53.97 billion yuan.
Reporter | Dai Bosi
Photo | Guangdong Sub-Administration of GACC
