Beijing sees record-high exports in Q1-Q3

Beijing's exports reached 462.2 billion yuan ($64.7 billion) in the first three quarters of 2025, which is a record high for the same period and represents a year-on-year increase of 2.1%, according to Beijing Customs.

During the same period, the capital's imports amounted to 1.94 trillion yuan, with the total foreign trade in goods reaching 2.41 trillion yuan.

In terms of trade categories, in the first three quarters, Beijing's imports and exports under processing trade reached 168.98 billion yuan, an increase of 25.8% and accounting for 7% of the total. The imports and exports under general trade reached 1.96 trillion yuan, accounting for 81.4%, while bonded logistics trade reached 223.1 billion yuan, accounting for 9.3%.

In the first three quarters, Beijing saw growing vitality in the private sector, with private enterprises recording imports and exports of 332.33 billion yuan in total, an increase of 7% and accounting for 13.8% of the city's total foreign trade. Their exports reached 120.07 billion yuan, up 27.7%, which is 18.9 percentage points higher than the national export growth rate of private enterprises.

Municipal enterprises have become the main drivers of export growth during this period. Their exports reached 275.79 billion yuan, an increase of 11.7%. And the share of these enterprises in Beijing's total exports rose to 59.7%, contributing 6.4 percentage points to the overall regional export growth rate.

At the same time, Beijing's trade with Belt and Road partner countries reached 1.43 trillion yuan in the first three quarters, accounting for 59.4% of the region's total foreign trade. The major trading partners were the EU, ASEAN, Iraq, and Switzerland, with trade volumes of 243.74 billion yuan, 157.96 billion yuan, 135.06 billion yuan, and 132.65 billion yuan, respectively.

In the first three quarters, Beijing accelerated the development of new drivers and advantages for exports, with new technologies and products emerging rapidly. Among them, the automobile manufacturing industry became a major contributor to regional export growth. Exports of automobiles and auto parts boosted the regional export growth rate by 1.5 percentage points, with their combined share rising to 8.2%. Exports of trendy toys, integrated circuits, and medical devices maintained strong growth momentum, together contributing 1 percentage point to export growth and increasing their combined share to 6.4%. While exports of wind turbine generator sets and LCD flat-panel display modules lifted export growth by a combined 0.7 percentage point, bringning their combined share to 2.3%.