- Category: Ningbo Port
- Published: Tuesday, 24 February 2015 04:29
Statistics from Ningbo Customs show that in January 2015 the total import and export volume via Ningbo Port stands at 106.5 billion yuan, down by 13% over the same period of last year. The export volume is 78.39 billion yuan, up by 10.4%, while the import volume decreased greatly due to the current gloomy macro economic situation.
From the perspective of the import and export markets, the top ten trade partners for Ningbo are the EU, the US, the ASEAN, Iran, Taiwan, Japan, Saudi Arabia, South Korea, Brazil and the UAE, with a total trade volume of 68.51 billion yuan, accounting for 64.3% of the total. On January 22, Mr. Mario Draghi, President of the European Central Bank, announced to expand the assets purchase scale. The easy monetary policies of the Eurozone have provided new opportunities for the exports of foreign trade enterprises, including those in Ningbo. According to the statistics of Ningbo Customs, the trade volume with the EU countries via Ningbo Port in January this year reaches 23.12 billion yuan, up by 11.7% over the same period of last year, including 21.14 billion yuan for exports, up by 13.8%. The trade volumes with the UK, Germany and Holland rank high on the top, while that with Iran declined by 56.9%, the largest drop rate among all the markets.