Daxie saw a large rise in export and import in the first half of 2014
- Details
- Category: Ningbo District
- Published: Tuesday, 29 July 2014 09:02
On July 21st, the administration committee of the Daxie Development Zone said that its total imports and exports value of the first half of 2014 reached US$1.579 billion, up 55% on the previous year. Exports stood at US$425.54 million, increasing by 24.6% and imports, US$1.15350 billion, up 55% on last year’s same period. The growth rates of the three indicators rank at the top in the city, 44.1%, 21.1% and 60.8% higher than the city’s average growth rate, respectively.
The foreign trade structure of Daxie was further optimized in the first half year. Imports and exports of general trade grew steadily, taking up 68.6% of the total import and export value; inbound and outbound goods in bonded warehouses grew substantially, accounting for 28.5% of the total import and export value, up 20.2% year-on-year.
Export trade enterprises grew stronger. Exports of enterprises in Wanhua Industrial Park maintained a steady growth. Four enterprises in the park (Wanhua Ningbo, Wanhua Energy, Wanhua Rongwei and Wanhua Chlor-Alkali) accomplished an export value of US$308 million in the first half year, accounting for 72.5% of the total exports, up 23.2% on the previous year; six enterprises including AVIC International Steel Trade and Hanhua Chemical enjoyed relatively fast growth in exports with the amount of exports exceeding US$5 million each, producing a total export volume of US$94.1 million, up 99.7% year-on-year.
Leading enterprises played a significant role in boosting imports. In the first six months, six enterprises with market value of over US$50 million such as CITIC Metal and Xinhai Youpin imported US$876 million worth of goods, increasing by 120.4% over last year and contributing 75.9% of the total import value in Daxie.
