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Three Growth Curves Outline the Breakthrough Path of Shandong's Foreign Trade

Source：Haibao News 11-11-2025 09:00:00

Achieving imports and exports of 2.89 trillion yuan, a year-on-year increase of 4.7%, and a growth rate 1.1 percentage points higher than the national average... Shandong's foreign trade report card for the first 10 months showcases such data.

As a province with robust strengths in foreign trade, Shandong has continuously tapped into the market potential of countries participating in the Belt and Road Initiative in recent years. The export of electronic components and automobiles, as well as trade with partner countries of the Belt and Road Initiative, have become three highlights in Shandong's response to the various changes in the current international trade environment.

Take trade with Africa as an example: at Yantai Port of Shandong Port Group, an average of 2-3 cargo ships travel between China and Africa each week, transporting China's machinery equipment, building materials, and other products to African countries while bringing Africa's minerals, agricultural products, and other goods back to China. According to data from Yantai Customs, over the last three years, the annual average growth rate of China-Africa liner cargo volume at Yantai Port has reached 117%.