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Ningbo’s foreign trade blooms in first half of the year
- Details
- Category: Ningbo Business
- Published: Friday, 02 August 2019 14:45
“In the first half of this year, the growth rate of Ningbo’s foreign trade is higher than both the national and provincial averages.” said a person in charge from the Foreign Trade Department of Ningbo Commercial Bureau. Despite the complicated and gloomy foreign trade environment,Ningbohas maintained a steady growth in the first six months of this year.
According to the statistics from Ningbo Customs, in the first half of 2019, the total import and export volume ofNingboreached 432.72 billion yuan, up by 7.4% over the same period of last year, accounting for 2.95% of the national total. To be specific, the export volume stood at 277.88 billion yuan, up by 8.0%, accounting for 3.49% of the national total, while the import volume stood at 154.85 billion yuan, up by 6.5%. The growth rates of import and export volume, export volume and import volume are higher than the national averages by 3.5 percentage points, 1.9 percentage points and 5.1 percentage points respectively, and higher than the provincial averages by 1.7 percentage points, 1.4 percentage points and 3.2 percentage points respectively.
