Yiwu's Foreign Trade Surpasses 800 Billion Yuan: A Bellwether for China's Foreign Trade Recovery and Investment Implications

Based on the latest data and research materials, I provide a systematic analysis of the indicative significance of Yiwu’s foreign trade surpassing 800 billion yuan for China’s foreign trade recovery and its investment implications.

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According to the latest data from CCTV Finance and the General Administration of Customs, Yiwu’s annual foreign trade import and export volume exceeded the 800 billion yuan mark for the first time in 2025, reaching

, a record high[1]. Among them:

• Imports reached 105.8 billion yuan
  , a year-on-year increase of
  32.3%
  , surpassing the 100 billion yuan threshold for the first time
• The number of cross-border e-commerce import orders grew from 27 million in 2021 to
  over 100 million in 2025
  , achieving a historic leap from the “10-million level” to the “100-million level”[2]

Indication Dimension	Specific Significance
Trade Structure Optimization	Yiwu’s import growth rate (32.3%) far outpaces the national overall foreign trade growth rate (3.8%), indicating that China is transforming from “selling to the world” to a two-way drive of “buying from and selling to the world”
Booming New Business Formats	New business formats such as cross-border e-commerce have become new engines for foreign trade growth. In 2025, the national cross-border e-commerce import and export volume reached 2.75 trillion yuan , a year-on-year increase of 69.7%[3]
Consumption Upgrade Trend	Health supplements, beauty and skincare products, and maternal and child products account for 70% of Yiwu’s cross-border e-commerce imported goods, reflecting the continuous release of domestic consumption upgrade demand
Deepening Trade Diversification	Yiwu Comprehensive Bonded Zone gathers more than 70,000 types of goods from 74 countries and regions , and the trade partner network continues to expand
Achievements in High-Quality Development	The export scale of the “Three New Products” (electric vehicles, photovoltaics, lithium batteries) is close to 1.3 trillion yuan , a 3.5-fold increase compared to 2020[4]

China’s foreign trade delivered a

in 2025: the total annual import and export value reached , a year-on-year increase of 3.8%, maintaining growth for the 9th consecutive year, and continuing to rank first in global goods trade[4]. In the high-tech product sector, the year-on-year growth rate of imports and exports accelerated to , contributing nearly to overall foreign trade growth, and the “innovation content” and “green content” of foreign trade are continuously improving.

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The breakthrough in Yiwu’s foreign trade data and the national foreign trade recovery provide clear fundamental support for the A-share foreign trade, logistics, and cross-border e-commerce sectors:

┌─────────────────────────────────────────────────────────────┐
│                    Foreign Trade Recovery Investment Logic Chain                        │
├─────────────────────────────────────────────────────────────┤
│  Macro Level → Mid-Level Industry → Micro-Level Enterprise                              │
│  Rebounding Foreign Trade Data  →  Rising Industry Prosperity  →  Expected Performance Improvement              │
│       ↓              ↓              ↓                        │
│  Increased Policy Support    Growing Cross-Border E-commerce Penetration    Order Growth of Leading Enterprises          │
│  Eased Trade Frictions    Accelerated Overseas Warehouse Construction    Profitability Recovery              │
└─────────────────────────────────────────────────────────────┘

: Cross-border e-commerce is the core carrier of new foreign trade formats, benefiting from the triple dividends of policy support + market demand + technology empowerment.

Sub-Sector	Core Targets	Investment Highlights
AI+Marketing	Easy Click World (301171)	Cross-border e-commerce AI automation, ROI increased by over 30%[5]
Content E-commerce	ZDM.com (300785)	Leading consumer content platform, 20% price limit in 13 minutes[6]
SaaS Services	SANTATECH (301558)	AI infringement detection tool, driven by three pillars: e-commerce + logistics + AI[7]
Brand Operation Agency	Eveone (300792)	Leading brand e-commerce operation agency enterprise
B2B Platform	Focus Technology (002315)	Made-in-China.com, benefiting from B2B export growth

: The development of cross-border e-commerce directly drives cross-border logistics demand, and logistics enterprises are expected to benefit from both volume and price growth.

Sub-Sector	Core Targets	Investment Highlights
International Express	SF Holding (002352)	International business accounts for 24.78% of revenue, a main force in cross-border e-commerce logistics
Cross-Border Parcels	YTO Express (600233)	Rapid growth in cross-border e-commerce parcel business
Integrated Logistics	Sinotrans (601598)	International freight forwarding + cross-border e-commerce comprehensive services
Warehousing Logistics	Sinotrans Storage (600787)	Nationwide warehousing network, benefiting from import growth

: The recovery of foreign trade drives the rebound of port throughput and shipping demand.

Core Targets	Investment Highlights
Shanghai International Port Group (600018)	World’s largest container port, recovering throughput
Ningbo Zhoushan Port (601018)	Core port in the Yangtze River Delta, directly benefiting from Yiwu’s trade
COSCO SHIPPING Holdings (600026)	Shipping giant, strong synergistic effect with cross-border e-commerce logistics

Strategy Type	Core Logic	Expected Return	Risk Level	Recommended Targets
Short-Term Strategy	Event-driven (Spring Festival Shopping Festival, policy releases)	15-25%	Medium-High	ZDM.com (300785), Easy Click World (301171), YTO Express (600233)
Medium-Term Strategy	Rising industry prosperity	20-35%	Medium	Focus Technology (002315), Sinotrans (601598), Eveone (300792)
Long-Term Strategy	Structural growth (brand globalization, AI empowerment)	30-50%+	Medium-High	SANTATECH (301558), Nanjiren E-commerce, Comix Group
Defensive Allocation	Low valuation + high dividend	10-15%	Low	Shanghai International Port Group (600018), Ningbo Zhoushan Port (601018), COSCO SHIPPING Holdings (600026)

1. Policy Risk
   : Pay attention to changes in Sino-US trade policies and tariff trends
2. Exchange Rate Fluctuation
   : RMB exchange rate fluctuations affect the performance of export enterprises
3. Intensified Competition
   : Competition in the cross-border e-commerce track is becoming increasingly fierce, putting pressure on profit margins
4. Valuation Risk
   : The valuation of some popular targets is relatively high, so attention should be paid to the risk of pullback

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is an for China’s foreign trade recovery, indicating:

1. China’s foreign trade has strong resilience and competitiveness
2. New business formats such as cross-border e-commerce have become new growth engines
3. The trade structure is continuously optimized and upgraded
4. Dual-drive of domestic demand and expanded external demand

: Against the backdrop of the current foreign trade recovery, it is recommended to prioritize allocations to the and sectors, and focus on targets with AI technology empowerment, brand advantages, and overseas warehouse layout. Short-term event-driven opportunities can be participated in, while medium- to long-term structural growth opportunities should be seized.

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[1] Yicai Global - Yiwu’s Foreign Trade Import and Export Exceeds 800 Billion Yuan for the First Time in 2025

[2] CCTV Finance - Continuous Growth in Foreign Trade Imports, Yiwu Boosts “Buying from the World”

[3] CRI News Commentaries - How China’s Foreign Trade Delivered This Solid Annual Report

[4] General Administration of Customs - Press Conference on 2025 Annual Import and Export Situation

[5] Xueqiu - Analysis of Easy Click World’s Cross-Border E-commerce AI Marketing

[6] Securities Times - E-commerce Concepts Surge Across the Board, ZDM.com Hits 20% Price Limit

[7] Xueqiu - Analysis of SANTATECH’s AI+SaaS Business