Ningbo sees surge of imported food

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Category: Ningbo Business

Published: Monday, 17 December 2012 09:04

Customs statistics show that the Ningbo Free Trade Zone imported a total of US$ 39.83 million of food from January to November, a year-on-year increase of 6.2 percent. At least 70 percent of the imported food are reported to have entered the downtown markets of Ningbo.

Ningbo imported 7,169,000 liters of wines, worth US$ 38,490,000, 90, increased by 4.4 percent over the same period last year. The average import price was US$ 5.4 per liter, up 8 percent over the same period last year. The top three wine exporters are France, Spain and Chile, with a respective export volume of 3.703 million liters, l, 1.23 million liters and 686,000 liters, adding up to 78.4 percent of the total wine imports for the same period. Spain is the fastest-growing wine exporter to Ningbo, with an increase of 1.1 times over the same period last year. Ningbo imported 205,000 liters of beer, worth US$ 312,000, a year-on-year increase of 4.8 times and 4.3 times, respectively. The biggest exporter is Germany who exported a total of 193,000 liters to Ningbo, an increase of 6.8 times over the same period last year, accounting for 94 percent of the total beer imports over the same period.

In addition, Ningbo imported 175 tons of olive oil, valued at US$ 913,000, an increase of 62.3 percent and 74.1 percent, respectively. The top three olive exporters to Ningbo are Spain, Australia and Tunisia, with export volumes of 88.9 tons, 36 tons and 27 tons respectively. Olive imports from the three countries account for 86.8 percent of total import volume. Australia is the fastest growing olive exporter to Ningbo with an increase of 2.6 times over the same period last year. No imports from Tunisia were reported last year.