Since the lockdown was lifted on April 8, Wuhan City (Hubei Province) has quickly recovered its foreign trade. According to Wuhan Customs statistics for April, the City’s export-import value totaled 20.89 billion yuan, up 27.4% year-on-year (YOY) and up 71.8% month-on-month (MOM), including export value 10.02 billion yuan, up 9.9% YOY and up 1.3 times MOM; import value 10.87 billion yuan, up 49.2% YOY and up 40.8% MOM.  

From January till April, Wuhan’s export-import value totaled 60.52 billion yuan, down 4.9% YOY. 

After the lockdown lift, foreign logistics recovered. In April, Wuhan’s export and import by air transport totaled 7.73 billion yuan, up 80.7% YOY; export and import by road transport totaled 6.24 billion yuan, up 59.9% YOY.

Private enterprises’ export-import value increased by 35% YOY, with a contribution of 57.5% to the City’s export-import growth and particularly that of 222% to the City’s export growth.

New trading modes were expedited. Export by market purchase increased by 10.2 times YOY, and import by cross-border e-commerce increased by 62.9% YOY; export and import by Wuhan Pilot FTZ increased by 43% YOY, accounting for 42.2% of the City total.

The pillar industries like automobile, electronics and steelmaking had strong exports and imports, with exported cellphones increased 31% YOY, tablet computers increased 45.4% YOY, auto parts increased 33.3% YOY and steel products increased 20.2% YOY; imported semi-conductor manufacturing equipment worth 1.74 billion yuan, an increase of 1.1 times YOY.

Anti-epidemic supplies were exported in quantities: textile products including masks increased by 20.8 times YOY, garment including protective suits increased by 40%, medicines increased by 27.6%, and lab testing kits increased by 42.9 times. 

With consumer demands increasing, Wuhan-imported consumer products increased by 57.6% YOY, including pork increased by 15.8 times, both soybeans and rice exceeding 40,000 tons.