In the first two months of 2026, SIP achieved a robust start in foreign trade, with total imports and exports reaching RMB203.85 billion, an increase of 79.4% year-on-year.

The park has maintained a leading position in Suzhou in foreign trade. Since last December, it has ranked first in import and export scale among the city’s districts for three consecutive months. In terms of growth rate, it has sustained double-digit growth for 12 consecutive months, ranking first across the city for eight straight months.

The foreign trade landscape in SIP has become more diversified. Trade with traditional markets has been further reinforced. The trade with South Korea, for example, surged 181.1% to RMB68.98 billion. Meanwhile, the expansion to emerging markets has seen significant progress. Trade with RCEP member countries reached RMB125.69 billion, up 112.9%, and trade with Belt and Road Initiative partners hit RMB128.78 billion, up 117.3%.

The product structure optimization continues to drive increase in foreign trade. Integrated circuit imports and exports increased by 140% to RMB128.06 billion. Exports of computers and parts rose by 93.1% to RMB7.19 billion, while exports of automobiles and chassis increased by 140%. The biomedical sector also showed remarkable growth, with exports totaling RMB3.36 billion, up 310%.

March 19, 2026