NingboLife and NingboExpat since 2004 - Ningbo's Imports from Central and Eastern European Countries Exceeded 10 Billion Yuan for the First Time

Ningbo's Imports from Central and Eastern European Countries Exceeded 10 Billion Yuan for the First Time

Details: Category: Governmental News; Published: Monday, 06 February 2023 15:11

Yesterday from the customs of Ningbo Free Trade Zone learned that last year, the city's trade with Central and Eastern European countries handed over a brilliant report card, the annual import and export volume reached 45.04 billion yuan, of which the import volume exceeded the 10 billion yuan mark for the first time, reaching 11.15 billion yuan, and the export volume was 33.89 billion yuan, an increase of 47.5% and 10.5% respectively year-on-year.

Meat import data is very impressive. Last year, Ningbo import enterprises further increased cooperation with producers of high-quality agricultural and food products such as meat in Central and Eastern Europe, and imports soared. For example, Ningbo Federal Changyun International Trade Co., Ltd. signed a 200 million US dollar letter of intent for meat imports from Central and Eastern Europe, which greatly enriched the choice of citizens to import meat. In addition, in the many "Hi Shopping Central and Eastern Europe" series of road exhibitions launched in our city, frozen beef gift boxes are widely welcomed by consumers, with a cumulative sales of nearly 10,000 pieces.

Statistics show that the city's food imports from Central and Eastern European countries reached 260 million yuan, a year-on-year increase of 63.7%. Among them, meat imports were 72.562 million yuan, an increase of 105 times year-on-year, accounting for about 40% of the country's total meat imports from Central and Eastern European countries. Ningbo has also become the most important Central and Eastern European meat import and distribution center in China.

Cross-border e-commerce is also a booster for the rapid growth of commodity imports in Central and Eastern Europe. Last year, more than 4,000 Central and Eastern European products entered the Ningbo market through cross-border e-commerce, and the sales of "Internet celebrity products" such as Greek olive oil, Czech crystal ware, Serbian wine, and Polish milk were booming.

Last year, the city imported 210 million yuan of Central and Eastern European goods through cross-border e-commerce channels, enriching the types of food, beauty products and daily necessities. Among them, cross-border e-commerce imported agricultural products 96.12 million yuan, a year-on-year increase of 21.6%; Food imports amounted to 95.329 million yuan, a year-on-year increase of 20.9%.

Last year, Ningbo Customs continued to release customs clearance facilitation measures and relevant trade conditions of Central and Eastern European countries in the Customs Information Center, serving the vast number of Central and Eastern European commodity import and export enterprises. By the end of last year, it had actively investigated and visited 106 key import enterprises in the jurisdiction, helping enterprises solve 592 difficult customs clearance problems such as frozen beef imports in Central and Eastern Europe. At the same time, it takes the lead in developing digital applications such as "one thing for customs clearance of imported goods from Central and Eastern Europe" and "one thing for imported food labels", integrates 73 functions of 16 categories of imported commodities in Central and Eastern Europe, and carries out scenario-based customs clearance guidelines for commodities, food and other commodities with more consultations, so that enterprises can enjoy the convenience of services without leaving home