According to Zhongshan Customs, Zhongshan’s total import and export value for January and February was 35.55 billion yuan, up 1.7% year-on-year. In February, the import and export value reached 14.71 billion yuan, a year-on-year increase of 4.7%. The export value in specific was 11.76 billion, up 10.2%, while the import value reached 2.5 million, decline 12.6%.

In the first two months, Zhongshan's trade with traditional markets such as Europe, the US and Japan slightly increased, but decreased with ASEAN and Hong Kong. Zhongshan’s trade value with part of the countries along B&R maintained growth. In specific, Zhongshan’s import and export value to India, Russia, Saudi Arabia and United Arab Emirates increased by 39.3%, 21.5%, 8.7% and 4.1% respectively.

In the first two months, both import and export values of mechanical and electrical products maintained growth, while the export of traditional labor-intensive products dropped. The export value of mechanical and electrical products amounted to 20.36 billion yuan, up 5.3%, accounting 74.2% of total exports. The import value of mechanical and electrical products was 5.15 billion yuan, up 25.5%, accounting 63.5% of total imports.