China Blue News: With nearly 500 billion yuan in imports and exports in two months, Ningbo Port welcomes a "little spring" in foreign trade

Since the beginning of this year, Ningbo Port's foreign trade has withstood multiple pressures and maintained double-digit growth, ushering in a "small spring" at the beginning, demonstrating the strong resilience of export based foreign trade.
According to statistics from Ningbo Customs, in the first two months of 2026, the total declared import and export volume of goods at Ningbo Port was 494.45 billion yuan, a year-on-year increase of 12.9%. Among them, the export performance was impressive, with a total export of 388.97 billion yuan, an increase of 16%; Imports amounted to 105.48 billion yuan, an increase of 2.5%.
The dominant position of private enterprises continues to consolidate. In the first two months, the import and export volume of private enterprises at Ningbo Port reached 390.27 billion yuan, an increase of 16.8%, accounting for 2.6 percentage points higher than the same period last year to 78.9% of the overall import and export share of the port.
The radiation level of the port to the surrounding area is further enhanced. In the first two months, enterprises from other regions in the province imported and exported 196.01 billion yuan through Ningbo Port, an increase of 16%, contributing 48.1% to the overall growth of port imports and exports. The import and export of enterprises from other provinces amounted to 127.57 billion yuan, an increase of 21.8%, accounting for 25.8%.
Trade partners such as the European Union and ASEAN have seen significant growth. In the first two months, the import and export volume of Ningbo Port to the European Union and ASEAN was 94.95 billion yuan and 55.88 billion yuan respectively, an increase of 19.3% and 22.2% respectively, accounting for over 30% (30.5%) of the overall foreign trade of the port. During the same period, imports and exports to the United States amounted to 66.9 billion yuan, a decrease of 7.3%. In the first two months, imports and exports to countries jointly building the "the Belt and Road" reached 263.14 billion yuan, up 17%.
Mechanical and electrical products, as well as labor-intensive products, constitute the pillar commodities exported from Ningbo Port. In the first two months, Ningbo Port exported 211.16 billion yuan worth of mechanical and electrical products, an increase of 17.9%, and 113.45 billion yuan worth of labor and electrical products, an increase of 16.7%. The combined contribution of mechanical and electrical products and labor and electrical products to the export growth of Ningbo Port during the same period was nearly 90%. What is particularly noteworthy is that in the first two months, the export performance of the "new three types" products was excellent, with exports of electric vehicles and lithium-ion batteries increasing by 144.5% and 34.8% respectively.
The import of multiple types of products has achieved rapid growth. In the first two months, Ningbo Port imported 30.5 billion yuan of crude oil, an increase of 10.6%, driving the overall import growth of Ningbo Port by 2.8 percentage points during the same period. In addition, imported mechanical and electrical products amounted to 8.02 billion yuan, an increase of 10.8%; Imported agricultural products, natural and synthetic rubber, glass and its products increased by 15.2%, 14.7%, and 40% respectively.
Next, Ningbo Customs will continue to deepen the construction of smart customs and the "Smart Customs Strong Country" action, deepen the mechanism of "friendly and clear direct train, enterprise needs and customs response" to assist enterprise development, optimize port services, and help steadily increase port foreign trade, laying a solid foundation for the good start of the "15th Five Year Plan".