Ningbo exports enjoyed tariff preferences of $ 517 mln last year
- Details
- Category: Ningbo Business
- Published: Thursday, 19 January 2012 18:04
News came from NBCIQ recently that 402.4 thousand certificates of origin were issued in 2011, down by 3.75% compared with that in 2010; the total amount of C/O reached 13.8 bln USD, up 10.04%. And thus Ningbo exports enjoyed 517 mln USD of tariff preferences based on an average reduction or exemption of customs duty of 5%.
The number of Certificate of origin form GSP stands at 259.8 thousand, worth $ 8.7 bln with an increase 6.50%. Regional preferential C/O 49226, worth $ 1.63 bln, a rise of 20.11% and 47.94% respectively. General C/O was 93317, worth $ 3.46 bln, up by 6.04%