Shanghai in East China has demonstrated resilience in its international trade performance, with imports and exports valued at a total of 2.46 trillion yuan ($347.08 billion) in the first seven months, marking a year-on-year increase of 0.7 percent, according to the latest figures released by Shanghai Customs.

Exports from the metropolis amounted to 1.01 trillion yuan, up 2.2 percent year-on-year, while imports stood at 1.45 trillion yuan, a slight decline of 0.4 percent year-on-year.

General trade continued to dominate, accounting for nearly 60 percent of the city's total imports and exports, with 1.47 trillion yuan worth of goods traded, virtually unchanged from the previous year. Exports under this category surged 3.4 percent to 562.17 billion yuan, while imports declined 2 percent to 904.92 billion yuan over the same period last year.

Additionally, the bonded logistics sector witnessed significant growth, expanding 3.4 percent year-on-year to 643.97 billion yuan. Exports in this sector edged down by 0.1 percent, while imports jumped 5.2 percent. In contrast, processing trade declined 2.9 percent to 327.38 billion yuan.

Shanghai's trade ties with ASEAN countries maintained a robust growth trajectory, reaching 324.42 billion yuan, up 5 percent from the previous year. Trade with the European Union and the United States, however, softened, declining 8 percent and 2.9 percent, respectively.

Shanghai's trade with other BRICS nations surged 9.6 percent to 234.23 billion yuan, while bilateral trade with South Korea and Switzerland soared by 14.6 percent and 25.4 percent, respectively, highlighting the city's diverse and dynamic trade partnerships.