Abstract:Faced with that the world economy was in severe recession，and international trade and investment was shrinking due to the impact of COVID-19 epidemic in 2020，the economic performance of Guangdong province was still showing resilience. In 2020，Guangdong’s GDP exceeded 11 trillion yuan，with a year-on-year growth of 2.3%. The scale of import and export shrank slightly，and the utilization of foreign capital and foreign direct investment kept growing. In terms of RMB，the total import and export volume of goods in 2020 was 7.08 trillion yuan，down 0.9% from the previous year. Of this total，the export of goods was 4.35 trillion yuan，an increase of 0.2% over the previous year，while the import of goods was 2.73 trillion yuan，a decrease of 2.6% over the previous year. In terms of US dollars，the import and export volume of goods in 2020 totaled US $1.02 trillion，down 1.3% from the previous year. Of this total，the export of goods was 628.3 billion US dollars，down 0.2% over the previous year，and the import of goods was 395.2 billion US dollars，down 2.9% over the previous year. The actual utilization of foreign capital increased by 6.5% over the previous year，and the actual foreign direct investment increased by 53.9% over the previous year. With the effective control of the epidemic situation at home and abroad，and the promotion and application of COVID-19 vaccine，the overall foreign trade situation of Guangdong province in 2021 will improve. The total import and export volume of goods will remain at the level of 7.0-7.2 trillion yuan，which is equivalent to the average level of the previous three years.