In the first seven months of 2024, imports and exports in the Beijing-Tianjin-Hebei region totaled 2.94 trillion yuan (US$412.19 billion), marking a 3.6% year-on-year increase. 

The region's foreign trade network continued to grow. From January to July, its trade with the EU the U.S. reached 370.61 billion yuan and 252.81 billion yuan, respectively, representing increases of 1.9% and 2.3% year on year. Trade with ASEAN countries edged 1.1% to 1.47 trillion yuan, while trade with Belt and Road partner countries stood at 1.47 trillion yuan. The region’s trade with other BRICS countries surged 13.5% year on year to 603.4 billion yuan. 

State-owned enterprises, private enterprises, and foreign-invested enterprises achieved imports and exports of 1.65 trillion yuan, 686.47 billion yuan, and 598.09 billion yuan, respectively, representing year-on-year increases of 1.2%, 12.1%, and 1.6%. 

The trade structure in the region continued to optimize. General trade reached 2.33 trillion yuan, accounting for 79.3% of the region's total foreign trade value. Bonded logistics trade reached 330.57 billion yuan, a 24.3% increase year on year, while processing trade totaled 217.98 billion yuan, up 7.9%.

Energy imports have shown steady growth, with commodity imports totaling 1.12 trillion yuan, representing 52.1% of the region's total imports. Among these, crude oil imports stood at 745.65 billion yuan. 

Exports of mechanical and electrical products and agricultural products were 438.42 billion yuan and 20.74 billion yuan, with year-on-year increases of 15.4% and 6.7%, respectively. Exports of EVs, lithium-ion batteries, and solar cells, surged 73.1% year on year to 42.83 billion yuan.

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