Ningbo’s foreign trade volume ranks high
- Details
- Category: Ningbo News
- Published: Tuesday, 18 June 2013 14:52
The latest statistics from Ningbo Customs show that in the first five months of 2013, the import and export volume via Ningbo Port amounted to $82.9 billion, an increase of 2.9%, ranking No.7 among all the ports in China.
The EU and the United States remain the main trading partners of Ningbo Port, with the trade volumes standing at $13.48 billion and $9.72 billion, respectively. Other countries and regions with a trade volume above $4 billion include the ASEAN, Iran and Taiwan region. Major commodities for import include crude oil, liquid chemicals and scrap metals, with their volume standing respectively at $15.39 billion, $4.2 billion and $1.87 billion. Major commodities for export are mechanical and electrical products, textiles & garments and footwear, with export volumes of $24.2 billion, $10.5 billion and $2.19 billion respectively.
As the prospect of the market recovery is still uncertain, the monthly import and export via Ningbo Port still saw a decline year on year. In May, Ningbo Port realized a total volume for imports and exports of $17.86 billion, down by 5.1%, of which $11.21 billion for export and $6.65 billion for import, down by 7.8% and 0.1% respectively, indicating that the current foreign trade is still in a downturn.
