Copyright 2024 - Ningbo Life / Ningbo Expat

In the first seven months, Ningbo Port achieved

an import and export volume of 1.46 trillion yuan

In the past two days, the warehouse of Ningbo Tuopu Electromechanical Import and Export Co., Ltd. was in full swing, and a batch of automobile shock absorbing parts were packed and ready to be loaded and sent to United States. “In the first seven months of this year, the value of our exports exceeded 2 billion yuan, a year-on-year increase of 4.6%.” Ye Kai, general manager of Tuopu Electromechanical, said.

With the continuous improvement of the customs clearance efficiency and cargo carrying capacity of Ningbo port, more and more enterprises like Tuopu Electromechanical have accelerated the expansion of foreign trade scale and become a solid force to promote the

growth of foreign trade in Ningbo port.

On August 13, Ningbo Customs announced that in the first seven months, Ningbo Port achieved an import and export volume of 1.46 trillion yuan, a year-on-year increase of 6.8%. Among them, the export value was nearly 1.07 trillion yuan, a year-on-year increase of 5.8%; The import value exceeded 395 billion yuan, a year-on-year increase of 9.6%.

Through the latest “report card” of Ningbo Port, it is not difficult to find that the growth rate of private enterprises is leading and the proportion is increasing. In the first seven months, the import and export volume of private enterprises reached 1.09 trillion yuan, a year-on-year increase of 7.9%, accounting for 74.2% of the total import and export volume of Ningbo Port in the same period, accounting for an increase of 0.8 percentage points. In the same period, the import and export volume of state-owned enterprises and foreign-invested enterprises was 199.3 billion yuan and 178.2 billion yuan respectively, an increase of 3.6 percent and 4.2 percent year-on-year respectively.

In the first seven months, another feature of the “report card” of Ningbo port is that general trade accounts for ninety percent and bonded logistics trade has increased significantly.

In the first seven months, Ningbo port imported and exported 1.32 trillion yuan in general trade, a year-on-year increase of 6.1%, accounting for 90%. In the same period, the import and export in the form of processing trade was 99.98 billion yuan, a year-on-year increase of 8.6%; The import and export of bonded logistics trade was 44.48 billion yuan, a year-on-year increase of 26.4%, of which the export value increased by more than half year-on-year.

In addition, traditional and emerging markets are moving hand in hand.

In the first seven months, Ningbo Port imported and exported 595.59 billion yuan to traditional markets such as the European Union, United States, United Kingdom and Japan, a year-on-year increase of 5.9%, accounting for 40.7%.

During the same period, imports and exports to emerging markets such as ASEAN, Brazil, India and Mexico all achieved positive year-on-year growth, with an increase of 7.7% to 26.9%; The import and export to the “Belt and Road” countries was 673.31 billion yuan, a year-on-year increase of 6.3%, accounting for 46%.

Another feature is the improvement of the structure of export commodities, and the volume and price of iron ore imports have risen.

The export share of mechanical and electrical products ranked first, with an export volume of more than 560 billion yuan in the first seven months, a year-on-year increase of 7.6%, and an increase of 0.8 percentage points to 52.9%. Among them, the export volume of containers increased by nearly 500% year-on-year, and the export volume of automobiles, agricultural machinery, motorcycles, and household appliances strongly drove the growth of port exports.

In the same period, Ningbo Port imported 32.275 million tons of metal ore and mineral sand, a year-on-year increase of 23.1%, and the import value reached 26.8 billion yuan, a year-on-year increase of 23.8%

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