Ningbo rice wine meets with great favor in overseas markets

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Category: Ningbo Business

Published: Tuesday, 13 December 2011 20:20

Rice wine, whose cradle is in China, and beer as well as grape wine, are three most ancient wines in the world. Rice wine features seasoning and health care and is the favorite drink of the locals of Ningbo. Today, Ningbo rice wine has gone abroad and is most favorable received among foreign consumers.
Statistics from the Ningbo customs show that 589.4 myrialiter of rice wine has been exported from January to October this year, a year-on-year rise of 22.6% over the same period last year. And its trade value is $ 3.1 million, with an increase of 30.9%. During this period, the average price of rice wine is $ 0.53 per litre,  increasing 8.2% from $ 0.49 per litre last year.
The US, Spain and Portugal are three largest import countries of Ningbo rice wine during this period. United States imports 132.8 myrialiter, surging 51.1 times, Spain 83.4 myrialiter, with a decrease of 23.8%, and Portugal 54.6 myrialiter, an increase of 3.6 times. The total import of these three countries accounts for 45.9% of Ningbo rice wine exports