Export of fuel-saving cars rocketed
- Details
- Category: Ningbo Business
- Published: Tuesday, 04 September 2012 09:26
News from Ningbo Customs said that 15,000 passenger cars worth of US $94.59 mln were exported from Ningbo Port in the first seven months of this year, up by 1.5 times and 1.9 times respectively against the same period of last year. The average price was US $6,306 per car, an increase of 18 percent year on year.
It is learned that the export of fuel-saving cars also rocketed this year. All of them were exported via trade pattern. The main style is gasoline cars with a displacement of less than 1.5 liters. The total amount of export is 12,000, up by 1.2 times against the same period of last year and accounting for 80 percent of the total export volume. Gasoline cars with a displacement of more than 1.5 liters and less than 3.0 liters saw the quickest increasing speed, with a sum of 2,189 cars, up by 8 times. State-owned enterprises were the main exporters with an export number of 14,000, an increase of 146.7 percent year on year and accounting for 93.5 percent of the total. While private enterprises also exported 976 cars, up by 142.8 percent.
A relative officer of Ningbo Customs revealed that the target market of Ningbo Port still centered in developing countries with low and middle end markets. The main export places were Russia, Ukraine, White Russia, Brazil, Vietnam, Chile, Iran, Egypt and Iraq and so on.
