Total import and export volume of Ningbo Port
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- Category: Governmental News
- Published: Wednesday, 31 January 2024 13:16
recovers in 2023, reaching 2.4 trillion yuan
These days, workers are conducting final tests on a batch of products in the workshop of Ningbo Deye Variable Frequency Technology Co., Ltd. The financial manager revealed that the value of the company's exported products increased by over 10% year-on-year in 2023. At Ningbo Topu Electromechanical Import and Export Co., Ltd., it was learned yesterday that the company's automotive power chassis system products are widely welcomed by customers, and the value of exported products increased by nearly 30% year-on-year in 2023.
In Ningbo, there are still many enterprises like Deye and Tuopu that are committed to innovative research and development of high value-added and high-tech products, promoting the recovery of import and export at the Ningbo port. According to statistics from Ningbo
Customs, in the fourth quarter of 2023, the import and export volume of Ningbo Port exceeded 600 billion yuan, a year-on-year increase of 10.5%. Among them, the export value exceeded 420 billion yuan, a year-on-year increase of 10.9%; The import volume exceeded 180 billion yuan, a year-on-year increase of 9.8%.
After the fourth quarter of 2023, the total import and export volume of Ningbo Port reached 2.4 trillion yuan, of which the export value was 1.74 trillion yuan and the import value was 661.47 billion yuan.
Specifically, the role of private enterprises as the main force is further highlighted. In 2023, the import and export volume of private enterprises at Ningbo Port reached 1.75 trillion yuan, up 0.4% year-on-year. During the same period, the proportion of total import and export volume at Ningbo Port amounted to 73.1, up 3 percentage points from the previous year.
The European Union, the United States, and ASEAN maintain their position as the top three trading partners at Ningbo Port in 2023. During the same period, the import and export volume of Ningbo Port to Australia, Mexico, and the United Arab Emirates increased by 10%, 12%, and 13% year-on-year, respectively.
The year-on-year growth rate of exports of electromechanical products has achieved positive growth. In 2023, Ningbo Port exported 905.5 billion yuan of electromechanical products, up 0.3% year-on-year, accounting for 52.1% of the total export volume of Ningbo Port during the same period, mainly driven by household appliances, general machinery and equipment, and automotive spare parts.
During the same period, Ningbo Port exported 104.7 billion yuan of "new three products", up 2.8% year-on-year. Among them, the export value of electric passenger vehicles and lithium-ion batteries increased by about 61% and 11% respectively. The import volume of metal ore and ore increased by nearly 50%. In 2023, the import of metal ore and ore at Ningbo Port reached 40.57 billion yuan, with imports of copper ore, bauxite, and iron ore increasing by approximately 150%, 58%, and 51% year-on-year, respectively
