Significant Increase in Trade between Guangxi Port Enterprises and ASEAN Increased by 26.8% from the Same Period of Last Year
October 02 10:18:01, 2025
Since the beginning of this year, foreign enterprises have witnessed a significant surge in trade activities between Guangxi ports and ASEAN countries, with total import and export volumes rising by 26.8% compared to the same period last year. A large portion of this growth is attributed to the increased trade of chemical products, both in terms of variety and volume.
According to official statistics, during the first three quarters of 2024, foreign enterprises conducted $524 million worth of trade through Guangxi’s ports with ASEAN nations. This marks a 26.8% increase from the previous year. Specifically, imports reached $137 million, up by 36.1%, while exports totaled $387 million, showing a 23.8% growth.
Most of these off-site companies are based in major Chinese cities such as Beijing, Shanghai, Zhejiang, Guangdong, Yunnan, Guizhou, Sichuan, and Chongqing. Their primary trading partners include Vietnam, Indonesia, Singapore, and Thailand, all of which have seen substantial growth in trade with Guangxi. Key traded goods include fertilizers, coal, asphalt, vegetable oils, petroleum, and tin ingots.
These companies predominantly use Guangxi’s Beihai, Fangcheng, Pingxiang, and Qinzhou ports for their cross-border trade with ASEAN. Industry experts believe that the upcoming 2nd China-ASEAN Expo will further boost trade volumes this year, potentially doubling the level of last year. In particular, Chinese chemical firms are expected to leverage this opportunity to expand their international presence and accelerate their global development strategies.