Copyright 2022 - Ningbo Life / Ningbo Expat

Import and export volume of Ningbo exceeds one trillion yuan

According to the data released by Ningbo Customs on January 18, Ningbo’s foreign trade import and export volume exceeded one trillion yuan for the first time in November, with an annual total of 1.19 trillion yuan for 2021, a year-on-year increase of 21.6%. To be specific, the export volume was 762.43 billion yuan, a year-on-year increase of 19%, and the import volume was 430.18 billion yuan, a year-on-year increase of 26.3%.

“From 259.15 billion yuan in the first quarter to 563.89 billion yuan in the first half year, and then to 1.19 trillion yuan in the whole year, Ningbo’s foreign trade volume rose against the global trend steadily, helping China become a stable anchor of the global economy and globalization." According to the analysis of a related person in charge from Ningbo Customs, such achievements can be attributed to the strong measures of epidemic prevention and control, the complete industrial chain and supply chain, and the concerted efforts of enterprises and government departments, which highlights the super capacity of manufacturing and consumption in Ningbo.

In addition to the increase in quantity, Ningbo’s foreign trade also achieved a steady improvement in quality last year.

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In July, the Port Prosperity Index Fell by 6% Month-on-month, and More than 80% of Enterprises Expect Business Volume to Stabilize or Increase

According to the latest analysis report of Ningbo Port Index released by the Ningbo Shipping Exchange, the port prosperity index in July was 114 points (100 points is the dividing line), a month-on-month decrease of 6% and a year-on-year decrease of 5.4%; the port enterprise confidence index was 111.7 points (100 points was Divide line), up 2.1% month-on-month and 4.3% year-on-year.

The World Health Organization has recently reminded that this year may not be able to completely control the epidemic, and new variant strains may appear. Domestically, in July, some companies entered the equipment maintenance period. With the impact of the "fireworks" and "Chapaka" double typhoons, the temporary suspension of production in many coastal ports, and the extreme weather such as floods in some areas affected the coal transportation on the Daqin line. It can be seen that port production has dropped significantly. The prosperous indexes of containers, dry bulk, liquid bulk, and general cargo were 123.1 points, 113.9 points, 100.6 points, and 104.6 points, respectively, down 5.1%, 5.6%, 11.2%, and 0.8% month-on-month, and down 0.7%, 3.8% year-on-year. %, 15.4%, 12.2%.

Read more: In July, the Port Prosperity Index...

First LNG bonded warehouse in Zhejiang Province put into operation in Ningbo

“The formal operation of LNG bonded warehouse has laid a solid foundation for the further development of LNG transit trade and offshore filling of bonded natural gas. Meanwhile, it will provide support for the city to build an international important energy supply chain center and explore offshore trade of energy commodities.” said a person in charge from Ningbo Free Trade Office on the morning of July 30, when speaking of the free trade innovations in Ningbo.

On the morning of July 30, in Ningbo section of Zhejiang Free Trade Zone, CNOOC Zhejiang LNG (liquefied natural gas) terminal bonded warehouse successfully received and unloaded LNG from the “Traiano Knutsen” Ship, becoming the first LNG bonded warehouse in Zhejiang Province to receive and unload bonded LNG cargo, and marking the official operation of the first LNG bonded warehouse in the province.

The LNG bonded warehouse is a full capacity LNG concrete tank with a net capacity of 160,000 cubic meters. This tank can supply gas for Zhejiang Province for two and a half days.

Read more: First LNG bonded warehouse in Zhejiang...

Ningbo Port achieved remarkable output in the first half year

Drawn by Zhang Yue

Ningbo is one step closer to the goal of "a world-class strong port" and "a world-class port". It was learned from Ningbo Customs the day before yesterday that from January to June this year, the import and export volume of Ningbo Port reached RMB946.15 billion, up by 29.9% over the same period last year. The export value amounted to RMB677.79 billion, a year-on-year increase of 30.9%; the import value was 268.36 billion yuan, a year-on-year increase of 27.5%. In a single month, the import and export volume in June was RMB177.16 billion, up by 22.4%, a record monthly high.

Read more: Ningbo Port achieved remarkable output...

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