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The Total Export-Import Volume of Ningbo Port over 500 Billion RMB
Last Updated(Beijing Time):2017-06-16 09:18:00
 

The total export-import volume in May broke the record

According to Ningbo Customs on June 14, from January to May this year, the total export-import volume of Ningbo Port amounted to 538 billion RMB with an increase of 22.8%. Among them, the export volume was 38.6 billion yuan, an increase of 13.7%; the import volume was 157.4 billion RMB, an increase of 52%. In May, the total export-import volume was 129.1 billion RMB, an increase of 29.5%, which was the highest monthly export-import volume in 2017.

In terms of enterprise types, the import and export volume of private enterprises have achieved 338.2 billion RMB, an increase of 17.3%, which accounted for 62.9% of the total foreign trade value of the same period. The import and export volume of state-owned enterprises and foreign-invested enterprises grew rapidly, an increase of 48.4% and 22% respectively.

The import and export volume with the top 10 trading partners all reached the growth of 2 digits. The top 3 trading partners are the European Union, the United States and Association of Southeast Asian Nations. As a result of the substantial increase in imports of bulk commodities, the import volume of Ningbo Port to Iran, Australia and Saudi Arabia was increased by 69.5%, 51.8% and 37.6% respectively. From January to May this year, the import and export volume of Ningbo Port to 16 countries in central and Eastern Europe was 14.61 billion RMB, an increase of 27%.

In export commodities, electromechanical products accounted for 48.9% in the total export volume of Ningbo Port, an increase of 17.7%. Among them, mechanical equipment was the largest proportion with the export volume of 51.19 billion RMB, an increase of 20.3%; transport facility reached the biggest growth, which was 25.3%; traditional labor-intensive products amounted to 125.4 billion RMB, an increase of 12.8%. Among them, textile and clothing accounted for the largest proportion, 75.42 billion RMB, an increase of 7.5%; shoes had the biggest growth, which was 40.8%.

About the imports, bulk commodities maintained a strong momentum. The import volume of most commodities had a great growth. For example, the import volume of primary shape plastics had an increase of 62%; iron ore, 110%; natural gas, 85.3%; ethylene glycol, 75%.

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