1st quarter’s import and export volume of Ningbo Port exceeds ¥430 billion

Category: Governmental News
Published: Thursday, 13 May 2021 13:52

It was learned from Ningbo Customs a few days ago that the import and export volume of Ningbo Port in the first quarter was 434.85 billion yuan, an increase of 28.5% over the same period last year. Among them, the export value was 307.1 billion yuan, a year-on-year increase of 34.6%; the import value was 127.75 billion yuan, a year-on-year increase of 15.9%.

In the first quarter, the import and export volume of general trade at Ningbo Port was 388.12 billion yuan, a year-on-year increase of 32.7%, accounting for 89.3% of the total import and export value of Ningbo Port in the same period, an increase of 2.8 percentage points from the same period last year. Among them, the export value was 280.82 billion yuan, a year-on-year increase of 35.2%; the import value was 107.3 billion yuan, a year-on-year increase of 26.5%.

The vitality of private enterprises continued to increase. In the first quarter, the import and export of Ningbo Port was dominated by private enterprises, with an import and export volume of 300.86 billion yuan, a year-on-year increase of 40.5%, accounting for 69.2% of the total port import and export in the same period, an increase of 5.9 percentage points. The import and export volume of foreign-invested enterprises was 76.42 billion yuan, a year-on-year increase of 27.1%.

The import and export volume between Ningbo Port and its main trading partners also maintained rapid growth. In the first quarter, the total import and export volume of the top ten trading partners of Ningbo Port was 293.49 billion yuan, a year-on-year increase of 37%, accounting for 67.5% of the total port import and export volume in the same period. Among them, the EU (excluding the United Kingdom), the United States and ASEAN are the top three trading partners, with imports and exports of 74.98 billion yuan, 73.86 billion yuan and 45.38 billion yuan, an increase of 38.4%, 65.1% and 31.7% year-on-year respectively