(ECNS) -- Fujian's foreign trade with BRICS countries totaled 97.18 billion yuan (about $14.45 billion) in the first half of the year, up 4.8% year on year, accounting for 9.8% of the province’s total foreign trade, according to local customs authorities.
Exports to these countries reached 688.9 billion yuan from January to May, remaining largely stable, while imports rose 18.1% to 282.9 billion yuan.
Vietnam, Thailand and Malaysia were Fujian’s three largest BRICS trading partners, with combined trade accounting for 89.6% of the total. Trade with Nigeria, Bolivia and Cuba grew by 42.6%, 58.9% and 88.7%, respectively.
Private enterprises remained the main drivers, contributing 684.6 billion yuan in trade, up 10.2%.
Exports of electrical equipment and steel increased strongly. Imports of mechanical and electrical products, aquatic products, copper and computer-related goods also recorded rapid growth, driven partly by rising investment in global AI infrastructure.
(By Intern Lin Qiaochu, Zhang Dongfang)
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