The total imports and exports of goods in Hainan Province, China in 2020 amounted to 93.300 billion yuan, up 3.0% from the previous year. Of these, exports amounted to 27.64 billion yuan, down 19.6%, imports - 65.66 billion yuan, an increase of 16.8%. The deficit in imports and exports of goods was 38.02 billion yuan.
In 2020, the province's total imports and exports of services totaled 18.503 billion yuan, down 15.8% from the previous year. Including exports of services amounted to 4.987 billion yuan, a decrease of 55.9%, imports of services - 13.516 billion yuan, an increase of 26.8%. The trade deficit for imports and exports of services amounted to 8.529 billion yuan.
During 2020, the province had 1,005 newly established foreign direct investment enterprises, up 197.3% over the previous year. Actual use of foreign direct investment amounted to USD 3.033 billion, which is 100.7% more than in the previous year.
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