In 2020, Xiamen's import and export of trade in goods reached 691.58 billion yuan, representing a 7.8% increase and 5.9 percentage points higher than the national growth rate. Of this, exports reached 357.29 billion yuan, up by 1.2%, and imports hit 334.29 billion yuan, up by 16%. The scale of import, export and their total all reached a record high, with the total value of import and export accounting for 49.3% of the province's foreign trade. Its trading partners cover 223 countries and regions around the world. In 2020, ASEAN, the United States and the European Union were the top three trading partners of the city, contributing to 43% of its foreign trade. In addition, Xiamen's import and export to the "Belt and Road" countries reached 229.01 billion yuan, up by 13.2 percent. Statistics also shows that the retail import and export of cross-border e-commerce totaled 2.556 billion yuan in 2020, registering a YOY increase of over 4 times.
