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AbstractThis paper studies the effect of export stability on the adolescent fertility rate. The test results show that the improvement of export stability will decrease the adolescent fertility rate of exporting countries through four mechanisms: raising female labour income, increasing health expenditure, promoting urbanization and strengthening female education empowerment. Compared to developed or high‐income countries, the impact of export stability in developing or low‐income countries is more substantial. The increase in export scale will strengthen the impact of export stability on adolescent fertility rates. The findings of this article can help countries to govern the adolescent fertility rate further.