Ningbo enterprise exports to Libya recovered

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Category: Ningbo Business

Published: Tuesday, 21 February 2012 10:07

Over the last two months, with development of the post-war restoration in Libya, the exports to Libya by Ningbo enterprises have begun to show signs of recovery. Statistics from Ningbo Entry-Exit Inspection and Quarantine Bureau show that from December 1, 2011 to mid-February this year, Ningbo exported 120 batches of statutorily inspected products with a goods value of $7.9 million, up by 135.3% and 283.5% respectively over the previous two months.

From March 2011, the war in Libya lasted for over six months, and the exports value from Ningbo to Libya dropped sharply by $6,000. With the start of the post-war reconstruction, Ningbo exported products including such large household appliances as fridges, freezers and washing machines, small household appliances as electric irons and vacuum cleaners and daily necessities as wool blankets have become increasingly popular in Libya's market. Judged from the exports in the last two months, taking into consideration such factors as the Spring Festival vacation, the exports value by Ningbo enterprises to Libya has gradually recovered to the pre-war level