In 2024, the total import and export value of goods trade by enterprises in Hainan Province reached 277.65 billion yuan, a year-on-year increase of 20%. Among them, exports exceeded the 100 billion yuan mark for the first time, reaching 106.22 billion yuan, an increase of 43.5%; Imports amounted to 171.43 billion yuan, an increase of 8.9%. This was learned by Hainan Daily's all media reporter at a special press conference held by the Provincial News Office on January 20th.

From the perspective of foreign trade entities, the vitality of Hainan's foreign trade enterprises is constantly increasing. In 2024, the number of enterprises with import and export performance in Hainan was 2479, an increase of 28.2%. Among them, the import and export of private enterprises reached 176.85 billion yuan, an increase of 36.8%, accounting for 63.7% of the total import and export volume. They have maintained their position as the largest trading entity in Hainan for five consecutive years and continue to play the role of the main force in foreign trade; Foreign invested enterprises imported and exported 60.02 billion yuan, accounting for 21.6%; State owned enterprises imported and exported 40.3 billion yuan, accounting for 14.5%.

From the perspective of foreign trade partners, Hainan's foreign trade "circle of friends" continues to expand. In 2024, Hainan enterprises will import and export 57.91 billion yuan to ASEAN, an increase of 62.3%, driving the province's import and export growth by 9.6 percentage points. ASEAN has been Hainan's largest trading partner for six consecutive years; Imports and exports to Australia, Russia, and the United States amounted to 32.41 billion yuan, 16.83 billion yuan, and 14.54 billion yuan, respectively, with growth rates of 7.5%, 37.7%, and 14.7%.

Over the same period, Hainan's import and export to countries jointly building the "the Belt and Road" reached 167.7 billion yuan, an increase of 41.5%, accounting for 60.4%; Imports and exports to other RCEP member countries amounted to 102.98 billion yuan, an increase of 28.2%, accounting for 37.1%. Imports and exports to emerging markets such as Africa and Latin America increased by 74.4% and 43.9% respectively, driving a total growth of 7.6 percentage points.

In terms of foreign trade methods, our province's dominant position in general trade is stable. In 2024, Hainan enterprises imported and exported 197.73 billion yuan through general trade, an increase of 37.1%, accounting for 71.2%. During the same period, imports and exports through bonded logistics amounted to 40.87 billion yuan, accounting for 14.7%; Imported 14.35 billion yuan in duty-free goods, accounting for 5.2%.

In terms of imports, in 2024, Hainan enterprises imported 43.87 billion yuan of metal ore sand, an increase of 21.7%, accounting for 25.6% of Hainan's total import value during the same period; Coal reached 20.51 billion yuan, an increase of 14%, accounting for 12%. In terms of exports, the main export commodities have generally increased; Hainan enterprises exported mechanical and electrical products worth 46.61 billion yuan, an increase of 62.9%, accounting for 43.9% of the province's total export value during the same period, driving export growth by 24.3 percentage points.

It is reported that in 2024, all 19 cities and counties in Hainan will have enterprises engaged in import and export business. Danzhou (including Yangpu) imported and exported 129.36 billion yuan, an increase of 20%, accounting for 46.6% of the province's total import and export value during the same period; Haikou and Sanya respectively imported and exported 85.97 billion and 30.91 billion yuan, an increase of 8.7% and 28.7%, accounting for 31% and 11.1%, respectively.