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ASEAN has become the 3rd biggest trading partner

Ningbo Customs has made a good start in foreign trade in 2013. The import and export kept rising in January and February. ASEAN has become the 3rd biggest trading partner for Ningbo Customs.

According to Ningbo Customs, From January to February this year, the import and export via Ningbo Customs to ASEAN totals 2.05 billion, increased by 31.3% year on year. In 2012, ASEAN ranked the 4th place among the trade partners of Ningbo Customs. In February alone, the import and export trade to ASEAN totals 800 million US dollars, increased by 28.1%.

In the trade via Ningbo Customs to the ASEAN countries, the top three are Indonesia, Thailand and Malaysia. With Indonesia, the import and export reaches 590 million, increased by 58.2%. The import and export to Thailand amounts to 470 million, increased by 10.3%. The import and export to Malaysia amounts to 350 million, increased by 41.9%. The sum of imports and exports to the three accounts for 68.8% of the total. In the two months, the import and export to Vietnam, Cambodia, Burma and Laos amounts to 220 million US dollars, increased by 31.8%.

Statistics of Ningbo Customs show that The imports from ASEAN are mostly plastic materials, crude oil, coal and brown coal. The exports are mainly electromechanical products, textile products and processed oil.

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