Jinhua's foreign trade hit a record high in 2025, with a total trade value of 1.05 trillion yuan ($150.84 billion), a 19.5 percent increase from the previous year, according to a news conference on Jan 19.

Exports rose to 921.29 billion yuan, up 19.4 percent, while imports grew by 20.4 percent to 129.57 billion yuan. With this achievement, Jinhua has become the eighth city in China to surpass the trillion-yuan mark in foreign trade.

The number of active market entities increased significantly, with 22,124 companies engaged in import-export activities — 4,376 more than in 2024. Private enterprises with trade records topped 20,000 for the first time, reaching 21,143, and accounted for 99.5 percent of the city's trade growth. Additionally, the number of foreign-invested enterprises with trade records grew by 195 to 957, accompanied by a 17.5 percent rise in trade value.

Jinhua leads in exports to Africa, with a 27.9 percent rise to 151.07 billion yuan in 2025, accounting for 41.2 percent of Zhejiang province's exports to Africa — a new high.

Exports to ASEAN recorded the fastest growth, rising 38.0 percent, while exports to countries involved in the Belt and Road Initiative rose by 24.8 percent to 591.42 billion yuan.

The trade structure is shifting toward higher quality, with new business models and green products boosting exports. In 2025, exports from the equipment manufacturing sector increased by 19.1 percent, and high-tech product exports ended their continuous decline since 2023, registering 11.0 percent growth.

Import growth was led by agricultural products, which rose 15.2 percent, accounting for 38.3 percent of total imports.

Imports of unwrought copper and copper materials, as well as cosmetic and personal care products, collectively contributed 4.0 percentage points to Jinhua's overall import growth. Imports of electromechanical products reached 10.35 billion yuan, with electronic components and semiconductor manufacturing equipment growing by 2.0 and 1.4 times, respectively.