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Ningbo’s Total Trade Volume Exceeds 250 Billion Yuan in the First 4 Months

It is learned from the customs that the total volume of imports and exports in Ningbo has reached 252.95 billion yuan in the first four months of 2018, an increase of 11.4% compared with the same period in 2017. One point is, after three times of China-Central and Eastern European countries’ investment and trade fairs, Ningbo’s trade in Central and Eastern Europe increased significantly during the first four months of 2018, with the total amount exceeding 7 billion yuan.

According to the data from customs, in the first four months, the imports accounted for 93.7 billion yuan, a year-on-year increase of 13.5%, and exports reached 159.25 billion yuan, an increase of 10.3%, which realized a trade surplus of 65.55 billion yuan. In addtion, private enterprises and foreign-invested enterprises imported and exported 163.02 billion yuan

and 68.32 billion yuan respectively, upping by 16.9% and 2.6%. And these two kinds of enterprises accounted for 91.5% of the total imports and exports of the city during the same period.

Different levels of increasing exists in the top ten trading partners such as the European Union, the United States, the ASEAN, etc. It is to be noted that from January to April, the total import and export volume of Ningbo to Central and Eastern Europe has reached 7.33 billion yuan, an increase of 26.7%. Among them, the exports accounted for 6.21 billion yuan, an increase of 21.6%, and imports accounted for 1.12 billion. Yuan, an increase of 64.9%.

 

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