The total import and export volume of Ningbo's foreign trade
- Details
- Category: Governmental News
- Published: Tuesday, 10 October 2023 14:07
in the first 8 months reaches 842.9 billion yuan
On September 13th, it was learned from Ningbo Customs that in August, the total import and export volume of Ningbo reaches 115.44 billion yuan, up 7.3% compared to the same period last year, reversing the two consecutive months of year-on-year decline since June.
Both exports and imports have achieved year-on-year growth. Among them, the export value reaches 76.94 billion yuan, up 8.4% year-on-year; The import volume reaches 38.5 billion yuan, a year-on-year increase of 5.1%.
Affected by the significant rebound in imports and exports in August, Ningbo achieved a total import and export volume of 842.9 billion yuan from January to August this year, with a year-on-year decrease narrowing to 1.6%.
Among them, the export value reaches 554.44 billion yuan and the import value 288.46 billion yuan, indicating that Ningbo's foreign trade is still very resilient under the complex external environment.
Private enterprises undoubtedly play an important role. In the first eight months of this year, private enterprises in Ningbo achieved a cumulative import and export volume of over 631.7 billion yuan, a year-on-year increase of 3%, accounting for 75% of the total import and export volume of Ningbo during the same period. In August, the import and export volume of private enterprises in Ningbo exceeded 88.3 billion yuan, setting a new high for monthly import and export volume within the year, with a year-on-year increase of 10.6%, accounting for 76.5% of Ningbo’s import and export volume in August.
Europe and America remain the top two trading partners, while emerging markets such as ASEAN have performed well. From January to August, the import and export volumes of the European Union and the United States amounted to 146.1 billion yuan and 139.3 billion yuan, respectively. ASEAN is the third largest trading partner, with an import and export volume exceeding 100.1 billion yuan, a year-on-year increase of 3%. In August, Ningbo's imports and exports to the United States rebounded, with a year-on-year increase of 9.2% in import and export volume.
In addition, in the first eight months, the import and export volume of Ningbo to the "the Belt and Road" countries exceeded 372.2 billion yuan, up 5.1% year on year, accounting for 44.2% of the total import and export volume of Ningbo in the same period; The import and export volume to Central and Eastern European countries reached nearly 33.6 billion yuan, a year-on-year increase of 13.6%.
In terms of import and export commodities, the proportion of mechanical and electrical product exports exceeds 50%, and the import of some consumer goods has increased significantly. In the first eight months of this year, mechanical and electrical products remained the main export commodity of our city, with an export value of nearly 314.5 billion yuan, a year-on-year increase of 0.9%. Among them, the export value of household appliances and automobiles increased by 7.6% and 60% year-on-year, respectively.
During the same period, Ningbo's imported consumer goods exceeded 28.8 billion yuan, an increase of 8.4% year-on-year. Among them, the year-on-year growth rates of imports of passenger cars, edible aquatic products, edible oil, alcohol, and beverages were 55%, 226%, 38%, and 41%, respectively
