The positive momentum of trade has been consolidated:
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- Category: Governmental News
- Published: Wednesday, 19 June 2024 14:26
In the first five months, the import and export volume of Ningbo port exceeded one trillion yuan
Since the beginning of this year, the momentum of foreign trade in Ningbo port has been consolidated, and the scale of the three indicators of import and export has achieved positive year-on-year growth. According to the statistics of Ningbo Customs, in the first five months, the import and export volume of Ningbo Port reached 1,006.42 billion yuan, a year-on-year increase of 4%. Among them, the export value was 724.34 billion yuan, a year-on-year increase of 1.9%; The import value was 282.08 billion yuan, a year-on-year increase of 10%.
Relying on the continuous improvement of port facilities and unique geographical advantages, more and more enterprises from other places choose to carry out import and export trade through Ningbo port. In the first five months, the import and export volume of non-local enterprises through Ningbo port exceeded 630 billion yuan, a year-on-year increase of 2.8%. Among them, the export value was 474 billion yuan, a slight decrease of 0.2% year-on-year; The import value was 160.7 billion yuan, a year-on-year increase of 12.6%.
Private enterprises have high operational flexibility, strong market adaptability, and the scale of foreign trade continues to grow. In the first five months, the import and export volume of private enterprises in Ningbo port exceeded 740 billion yuan, a year-on-year increase of 4.7%, accounting for 73.6% of the total import and export volume in the same period, an increase of 0.5 percentage points over the same period last year. In the same period, the import and export volume of state-owned enterprises and foreign-invested enterprises increased by 1.8% and 2.9% respectively year-on-year.
Foreign trade enterprises are actively exploring diversified and specialized international markets, and the diversification of import sources is more prominent. In the first five months, the import and export volume of Ningbo port to the United States exceeded 170 billion yuan, a year-on-year increase of 8.4%; Imports and exports to emerging markets such as ASEAN, Australia, India, Brazil, and Mexico all achieved positive year-on-year growth, with an increase of 2.3% to 19.4%. Among them, Ningbo Port’s imports from the United States, ASEAN, Australia, Brazil, Mexico and Russia increased significantly, with a year-on-year increase of 41%, 24%, 15%, 65%, 61% and 78% respectively.
During the same period, the import and export volume of Ningbo Port to the “Belt and Road” countries was about 466 billion yuan, a year-on-year increase of 3.5%; The import and export volume to other RCEP member countries was about 199 billion yuan, a year-on-year increase of 4.9%.
The export value of a number of commodities at Ningbo Port has increased significantly, and the import value of bulk commodities and consumer goods has steadily expanded. In the first five months, the export volume of mechanical and electrical products at Ningbo port exceeded 380 billion yuan, a year-on-year increase of 2.9%, of which the export volume of general machinery and equipment, household appliances, automobiles and motorcycles showed a double-digit year-on-year growth, and the export volume of containers increased by 5.9 times year-on-year.
During the same period, Ningbo Port imported a total of 43.83 million tons of bulk commodities such as energy, metal ores, and grain, a year-on-year increase of 10.6%; The import value of consumer goods was 16.4 billion yuan, a year-on-year increase of 3.7%