Taizhou's foreign trade continued to show robust growth in the first half of 2025, fueled by deepening cooperation with countries involved in the Belt and Road Initiative and an optimized export structure. The city recorded a total import and export value of 82.95 billion yuan ($11.56 billion) from January to June, ranking sixth in Jiangsu province.
Exports accounted for 60 billion yuan, while imports reached 22.95 billion yuan. Trade with BRI countries surged to 54.55 billion yuan, representing 65.8 percent of the city's total foreign trade. Key trading partners included the European Union (12.83 billion yuan), Liberia (16.07 billion yuan), Brazil (3.79 billion yuan), and Indonesia (3.69 billion yuan).
Exports of electric vehicles, lithium batteries, and photovoltaic components totaled 1.76 billion yuan in the first six months, up 4.7 percent year-on-year. Among the leading contributors was Sunpower in Taixing. Specializing in high-rate, high-capacity lithium-ion batteries, the company's overseas battery sales soared to 62.27 million yuan, up 110 percent year-on-year.
In addition to product-driven growth, Taizhou's broader engagement with BRI countries continues to deepen. Stronkin Electronics, based in the city's Medical High-Tech Zone, is a major supplier for global brands such as HP and Dell. Seizing BRI opportunities, the company has expanded its business into Vietnam, Thailand, and Egypt. Its export volume has steadily risen, supported by an annual R&D investment of 60 million yuan and a strong push for proprietary intellectual property rights to enhance competitiveness.
With a diversified product portfolio and expanding global partnerships, Taizhou's foreign trade is well-positioned for continued growth throughout 2025.