According to the statistics of Hangzhou Customs, from January to October, Zhejiang imported and exported 4.37 trillion yuan, a year-on-year increase of 7.1%; exported 3.25 trillion yuan, an increase of 9.0%; and imported 1.12 trillion yuan, an increase of 1.8%. The national shares of import and export, export and import accounted for 12.1%, 15.6% and 7.4% respectively, continuing to rank third, second and fifth in the country. Among these, the export growth rate was 2.3 percentage points higher than the national average for the same period, ranking first among the major provinces and cities along the eastern coast.

The import and export scale of private enterprises keeps growing. From January to October, there were 106,000 private enterprises with import and export performance in the province, an increase of 8.3%; the import and export volume was 3.53 trillion yuan, an increase of 7.8%, accounting for 80.8% of the province's total import and export value, an increase of 0.6 percentage points over the same period last year, and contributing 88.7% to the province's import and export growth. Among them, exports were 2.77 trillion yuan, an increase of 9.5%; imports were 767.53 billion yuan, an increase of 2.0%. During the same period, the import and export of foreign-invested enterprises reached 551.25 billion yuan, an increase of 6.5%.

The growth rates of imports and exports to the United States and Latin America were significantly higher than the overall rate. From January to October, the province's imports and exports to the United States and Latin America reached 614.83 billion yuan and 480.08 billion yuan, respectively, an increase of 13.6% and 13.8%, respectively, which was 0.5 and 1.0 percentage points higher than the first three quarters. These two regions accounted for 14.1% and 11.0% of the province's total imports and exports, respectively, and together contributed 45.6% of the province's total import and export growth. Among them, imports and exports to Brazil reached 147.86 billion yuan, an increase of 24.4%. During the same period, the province's imports and exports to the EU, ASEAN, the Middle East, and Africa increased by 7.0%, 7.0%, 3.2%, and 6.9%, respectively, while imports and exports to the BRI partner countries increased by 5.6%.

The national share of exports of electromechanical and labor-intensive products increased. From January to October, the province's exports of electromechanical products reached 1.50 trillion yuan, an increase of 10.6%, with a growth rate 2.1 percentage points higher than that of similar products nationwide, and an increase of 0.2 percentage points in the national share to 12.1%. Among these, exports of home appliances, ships, and containers grew by 16.9%, 112.0%, and 246.9%, respectively. During the same period, exports of labor-intensive products reached 991.59 billion yuan, an increase of 9.0%, 5.8 percentage points higher than the national growth rate for similar products, and an increase of 1.5 percentage points in the national share to 28.5%.

The import of metal ores has contributed significantly to the growth. From January to October, the province's import volume of bulk commodities increased by 15.4%. Among these, the import of energy products such as crude oil, natural gas and coal reached 78 million tons, an increase of 9.0%; the import of metal and mineral ores reached 154 million tons, an increase of 19.6%, and the import value reached 147.71 billion yuan, an increase of 15.4%, driving the growth of the province's imports by 1.8 percentage points. During the same period, imports of consumer goods reached 119.55 billion yuan, an increase of 1.1%.

New business formats and open platforms have become new drivers of steady growth. From January to October, the province's market procurement exports totaled 450.54 billion yuan, an increase of 13.2%, accounting for 13.9% of the province's total exports. During the same period, the province's comprehensive bonded zones imported and exported 218.7 billion yuan, an increase of 23.7%; exports were 64.73 billion yuan, an increase of 34.8%; imports were 153.97 billion yuan, an increase of 19.6%. The import and export volume of free trade zones was 695.34 billion yuan, an increase of 8.5%. Exports reached 296.38 billion yuan, an increase of 15.4%, and imports 398.96 billion yuan, an increase of 3.9%.