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Breakthrough of export of mechanical and electrical products

According to Ningbo Administration for Entry-Exit Inspection and Quarantine, in the first six months this year, the export of mechanical and electrical products by Ningbo numbers 148,255 lots, valuing 5.01 billion US dollars, increased by 2.1% and 16.7% respectively over the precious year. This is a breakthrough of the export of mechanical and electrical products of Ningbo after the monetary crisis breaking out in 2008.

Home appliances, lamp fittings, and cables are still the major part of the export. In the past six months, the exports of these products value respectively 1.54 billion, 0.59 billion and 0.5 billion US dollars, respectively covering 30.7%, 11.8% and 10% of the total of the exported mechanical and electrical products. The export of the cables has the fastest growth rate, increased by 17.3% over the same period of last year, and the home appliances come the next, increased by 15.3% above the same period of the previous year.

The export of the mechanical and electrical products of Ningbo is still to Europe and America. To USA, the export reaches 880 million dollars, covering 17.6 % of the total; To Germany and UK, the exports value reaches 310 million and 220 million dollars, covering 6.2% and 4.4% of the total.

Cixi, Yuyao and Yinzhou are the major exporters of the products. The export by Cixi reaches 1.81 billion US dollars, covering 36.1% of the total; The export by Yuyao and Yinzhou reaches 870 million and 810 million dollars.

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