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Shanghai sees foreign trade hit record high in 2022

A worker operates a forklift at Yangshan Deep Water Port, one of Shanghai Port's main units. Photo by Xinhua.
A worker operates a forklift at Yangshan Deep Water Port, one of Shanghai Port's main units. Photo by Xinhua.

Shanghai's imports and exports reached a record high of ¥4.19 trln ($619.14 billion) in 2022, up 3.2% from the previous year, local customs said. This was reported by The Xinhua News Agency.

Last year, Shanghai's import and export volume accounted for 10% of China's total foreign trade, according to Shanghai Customs.

The metropolis' imports and exports with ASEAN gained 5.2% from the previous year to over ¥566 bln in 2022.

In the face of COVID-19 challenges, the number of foreign trade enterprises in Shanghai remained stable, reaching 55,800, an increase of 0.8% over the previous year.

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