Zhejiang Online: Set a new high for the same period in nearly 5 years! The total import and export value of Ningbo Port exceeded 670 billion yuan in the first quarter of this year

Photo by Wu Mengkai at the Container Terminal Operation Site in Chuanshan Port Area, Zhoushan Port, Ningbo

Source: Zhejiang Online Correspondent Cao Lihong, Wang Lingke, Reporter Chen Lei
　　   
Zhejiang Online, April 20th (Correspondent Cao Lihong, Wang Lingke, Reporter Chen Lei) Since the beginning of this year, facing multiple pressures at home and abroad and strong fluctuations in the international situation, Ningbo Port's foreign trade has shown strong resilience, delivering impressive results in the first quarter. The total import and export value has reached a new high in the same period of nearly five years, injecting strong momentum into the stable growth of foreign trade in the country.
According to statistics from Ningbo Customs, in the first quarter of 2026, the declared total import and export value of goods trade at Ningbo Port was 674.99 billion yuan, a year-on-year increase of 3.8%. Among them, exports amounted to 512.02 billion yuan, an increase of 3.7%; Imports amounted to 162.97 billion yuan, an increase of 4.2%.
The radiation capacity of Ningbo Port area has steadily increased, and its role as a foreign trade hub has become prominent. In the first quarter, enterprises from other regions within the province imported and exported 254.76 billion yuan through Ningbo Port, an increase of 3%, contributing 30% to the overall growth of port imports and exports. Enterprises from other provinces imported and exported 1800.3 billion yuan through Ningbo Port, an increase of 12.9%, accounting for 26.7% of the overall import and export of Ningbo Port.
The dominant position of private enterprises has been further consolidated. In the first quarter, the import and export of private enterprises at Ningbo Port reached 521.74 billion yuan, an increase of 5.5%, accounting for 77.3%, an increase of 1.2 percentage points compared to the same period last year, continuing to maintain its position as the largest foreign trade operator. During the same period, the import and export of foreign-invested enterprises amounted to 77.23 billion yuan, a decrease of 2.4%; The import and export of state-owned enterprises amounted to 75.84 billion yuan, a decrease of 0.6%.
The EU, the United States and ASEAN continue to maintain their status as the top three trading partners, and the joint construction of the "the Belt and Road" countries has made outstanding contributions to port growth. In the first quarter, the import and export value of Ningbo Port to the European Union and ASEAN was 127.08 billion yuan and 80.86 billion yuan respectively, an increase of 9.7% and 14.1% respectively, accounting for a total of 30.8%. During the same period, imports and exports to the United States amounted to 90.24 billion yuan, a decrease of 14.1%, accounting for 13.4%. Import and export to countries jointly building the "the Belt and Road" reached 358.52 billion yuan, up 6.1%, accounting for 53.1%, and contributed 83% to the overall growth of port imports and exports.
The export commodity structure continues to optimize, and green trade has become a new growth pole. In the first quarter, Ningbo Port exported mechanical and electrical products worth 280.23 billion yuan, an increase of 5%, accounting for 54.7% of the export value of Ningbo Port; The export of labor protection products reached 141.34 billion yuan, an increase of 1.72%. The total contribution of mechanical and electrical products and labor protection products to the export growth of Ningbo Port during the same period was nearly 90%. During the same period, the export performance of the "new three types" at Ningbo Port was impressive, with exports of electric vehicles and lithium-ion batteries increasing by 58.9% and 32.7% respectively, and green trade becoming a new growth point for port exports.
The import of energy commodities and high-tech products is growing rapidly. In the first quarter, the import of crude oil at Ningbo Port was 45.38 billion yuan, an increase of 6%, driving the overall import growth of Ningbo Port by 1.6 percentage points during the same period. During the same period, imported mechanical and electrical products amounted to 13.12 billion yuan, an increase of 14.4%; High tech products and agricultural products increased by 25.8% and 19.1% respectively, effectively ensuring the stability of the industrial and supply chains.