According to statistics released by Shanghai Customs on January 16, Shanghai’s total foreign trade import and export value reached 4.51 trillion yuan (RMB) in 2025, a year-on-year increase of 5.6%, setting a new historical record. Exports amounted to 2.02 trillion yuan, showing a significant growth of 10.8%, while imports reached 2.49 trillion yuan, increasing by 1.8%.
“In 2025, amidst a turbulent external environment, Shanghai’s foreign trade maintained its footing, with import, export, and total trade volume all reaching record highs. The annual growth rate for total trade exceeded the national average by 1.8 percentage points, and the export growth rate led the national average by 4.7 percentage points,” stated a customs official. “During the 14th Five-Year Plan period, Shanghai’s cumulative import and export volume exceeded 21 trillion yuan, an increase of over 30% compared to the 13th Five-Year Plan period, marking a systemic leap in structure, momentum, and overall pattern.”
In 2025, Shanghai’s trade with 167 countries and regions achieved growth, with trade involving emerging markets such as Africa, India, and ASEAN registering double-digit growth rates. The “100-billion-yuan trade partner club” continued to expand, with its membership increasing to 49. Meanwhile, new foreign trade models, represented by cross-border e-commerce and bonded maintenance, flourished, becoming new driving forces for optimizing the trade structure.
Shanghai’s export performance in 2025 was particularly notable. Among the main export commodities, the “new three” items representing high-end manufacturing—electric passenger vehicles, solar batteries, and lithium batteries—achieved an export value of 156.67 billion yuan. Notably, electric vehicle exports surpassed the 100-billion-yuan mark, with hybrid vehicle exports surging by nearly 150%. Leading advantages have been established in exports from some cutting-edge industries: exports of high-end machine tools grew by nearly 30%, industrial robot exports increased by over 40%, and surgical robot exports soared by 3.7 times, indicating that “Shanghai Manufacturing” is accelerating its transition towards “Shanghai Intelligent Manufacturing.”
“Looking ahead, although the external environment remains complex, Shanghai’s foreign trade possesses strong resilience, and its fundamental development base will remain stable. The vast demand from emerging markets, the powerful momentum of high-end manufacturing, and the continuous emergence of new technologies and products are converging to form a powerful driving force for the high-quality development of Shanghai’s foreign trade,” the official added.