Export growth rate ranks ninth in the country. Ningxia economy shows great resilience.

Release time : 2026-10-26

19.98 billion yuan, a year-on-year increase of 24.9%, 6.1 percentage points higher than the national growth rate, ranking 9th nationwide... This is the upward and positive performance report of Ningxia's foreign trade for the first three quarters. Among them, exports reached 15.19 billion yuan, increasing by 29.9%; imports were 4.79 billion yuan, increasing by 11.2%. The foreign trade scale has approached the level of last year's full year, maintaining double-digit growth for 9 consecutive months, and achieving double-digit growth both in terms of year-on-year and month-on-month for 3 consecutive months.

By reviewing this performance report, three distinct signals stand out for attention.

The first signal is that imports and exports have achieved rapid and stable growth. In the first three quarters, Ningxia's foreign trade maintained a favorable growth momentum, with the scale approaching that of the entire previous year. The export growth rate remained high, while the import growth rate fluctuated and rose. The driving force and vitality of foreign trade development in Ningxia have accumulated and demonstrated resilience. From a monthly perspective, it maintained double-digit growth for 9 consecutive months, and achieved double-digit growth in both year-on-year and month-on-month comparisons for 3 consecutive months, presenting a continuously improving operational characteristic.

The second signal is that intermediate goods trade further promotes the stability of the industrial chain. In the first three quarters, Ningxia's exports of intermediate goods reached 12 billion yuan, accounting for 79% of the total export value; imports of intermediate goods amounted to 3.72 billion yuan, accounting for 77.7% of the total import value. The contribution of intermediate goods imports and exports to Ningxia's foreign trade was nearly 80%, playing a positive role in stabilizing and strengthening the industrial chain and supply chain.

The third signal is that the added value of industrial enterprises above designated size has a significant positive feedback effect on imports and exports. From January to August, the added value of industrial enterprises above designated size in Ningxia increased by 7.2% year-on-year. Among them, the added values of chemical raw materials and chemical products manufacturing, black metal smelting and rolling processing, non-ferrous metal smelting and rolling processing, and electrical machinery and equipment manufacturing all increased. The related industries' exports subsequently grew rapidly. In the first three quarters, these industries collectively contributed 17.7 percentage points to the growth of Ningxia's imports and exports.

Behind the data lies the vigorous vitality of business entities. In the first three quarters, there were 732 enterprises with import and export records in Ningxia, an increase of 15.6%. Among them, private enterprises performed particularly well.

Firstly, their leading position has been further consolidated. In the first three quarters, there were 685 private enterprises with foreign trade operating records in Ningxia, accounting for 93.6% of Ningxia's foreign trade enterprises, an increase of 88 compared with the same period last year, with a total export value of 16.51 billion yuan, an increase of 32.8% year-on-year.

Secondly, the trading markets have become more diverse. In the first three quarters, the export markets of private enterprises expanded from 143 last year to 169 this year, and their foreign trade business covered a wide range. Exports to countries participating in the Belt and Road Initiative reached 8.81 billion yuan, increasing by 45.6%; to Central Asia, Latin America, and Africa, the achievements were remarkable, increasing by 101%, 51.7%, and 88.1% respectively.

Thirdly, the export structure has been further optimized. In the first three quarters, private enterprises in Ningxia continuously strengthened their core competitiveness and achieved both expansion in scale and structural optimization. They exported 2.2 billion yuan of mechanical and electrical products, increasing by 61.3%; exports of new materials, textile and clothing, and biomedicine increased by 145.9%, 46.8%, and 11.3% respectively. The industrial chain has continuously extended to the middle and upper reaches of the value chain. At the same time, the export of characteristic agricultural products such as wolfberries, dairy products, and frozen potato chips has also performed well, increasing by 21.2%, 25.7%, and 9.7% respectively.

The stable and improving trend of foreign trade is inseparable from the continuous improvement of customs service efficiency. It is worth noting that AEO enterprises are becoming an important backbone force driving the growth of Ningxia's foreign trade. AEO, or Authorized Economic Operator, is recognized by the World Customs Organization as the highest credit level of enterprises and is also the "golden brand" for foreign trade enterprises to explore international markets. As of September 30, 2026, Ningxia had 21 AEO enterprises, covering key export-oriented fields such as advanced manufacturing, new materials, and fine chemicals. The number of AEO enterprises only accounted for 3% of the enterprises with import and export records in the region, but their trade contribution reached 20%, fully demonstrating their important value as the "ballast stone" of foreign trade.

Overall, in the first three quarters of this year, Ningxia's foreign trade maintained a favorable operating trend, with rapid growth in imports and exports and an improvement in both quantity and quality, and significant achievements in stabilizing the scale and optimizing the structure. A relevant official from Yinchuan Customs stated that they will continue to optimize the policies and measures supporting the development of private enterprises, improve the AEO (Authorized Economic Operator) gradient cultivation system, and promote the precise implementation of tax reduction policies. They aim to empower the high-quality development of Ningxia's foreign trade through credit construction and ensure its steady and long-term progress.


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