According to the official website of the Hangzhou Statistics Bureau, in 2024, the total import and export volume of goods in Hangzhou city reached 854.9 billion yuan, an increase of 6.4% compared to the previous year; among them, exports amounted to 595 billion yuan, growing by 11.5%, with a growth rate that exceeds the national average by 4.4 percentage points and the provincial average by 2.0 percentage points. In terms of export products, the export of electromechanical products reached 280.2 billion yuan, growing 12.0%, accounting for 47.1% of the total exports, which is an increase of 0.2 percentage points compared to the previous year. By export organization, exports to the USA were 104.3 billion yuan, growing 8.9%; exports to the EU were 111.6 billion yuan, growing 12.2%; and exports to Emerging Markets such as ASEAN, Latin America, and countries along the Belt and Road Initiative Concept grew by 20.9%, 9.6%, and 13.0%, respectively. Private enterprises exported 447.5 billion yuan, an increase of 10.6%, accounting for 75.2% of total exports.

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