Yongpai: In the first four months of this year, the import and export of Ningbo Port exceeded 900 billion yuan

Ningbo Customs officers conduct research in enterprises. Photo by Hong Ying

Yongpai Client Reporter Sun Jiali Correspondent Cao Lihong Wang Lingke
　　   
Since the beginning of this year, the import and export of Ningbo Port have maintained a good growth trend. According to statistics from Ningbo Customs, the total declared import and export volume of goods at Ningbo Port in the first four months of this year was 906.87 billion yuan, a year-on-year increase of 4.1%. Among them, the export value was 685.27 billion yuan, a year-on-year increase of 4.1%, and the import value was 221.6 billion yuan, a year-on-year increase of 4.1%.
Specifically, the dominant position of private enterprises continues to consolidate. In the first four months, the import and export of private enterprises at Ningbo Port reached 699.65 billion yuan, a year-on-year increase of 5.4%, accounting for 1 percentage point of the overall import and export of the port, reaching 77.2%, becoming the core force driving growth.
The radiation level of the port to the surrounding area is further enhanced. In the first four months, enterprises from other provinces imported and exported 244.02 billion yuan through Ningbo Port, a year-on-year increase of 13.4%, contributing 80.8% to the overall growth of port imports and exports.
The diversified market promotes steady growth in foreign trade at Ningbo Port. In the first four months, Ningbo Port imported and exported 167.41 billion yuan and 111.82 billion yuan to the European Union and ASEAN respectively, an increase of 7.7% and 14.2% year-on-year, respectively. The two major markets accounted for 30.8% of the total foreign trade volume of the port.
During the same period, imports and exports to Latin America and Africa amounted to 102.24 billion yuan and 71.25 billion yuan, respectively, an increase of 6.8% and 25.6% year-on-year; Import and export to countries jointly building the "the Belt and Road" reached 483.01 billion yuan, up 5.8% year on year.
Mechanical and electrical products are an important pillar of exports at Ningbo Port. In the first four months, Ningbo Port exported mechanical and electrical products worth 374.06 billion yuan, a year-on-year increase of 4.9%, contributing 64.8% to the export growth of Ningbo Port during the same period.
It is noteworthy that the export performance of the "new three types" products is impressive, with a total export of 37.05 billion yuan in four months, a year-on-year increase of 15.5%. Among them, the export value of electric vehicles and lithium-ion batteries increased by 79.2% and 20.9% respectively year-on-year, maintaining a high growth trend.
Partial resources and raw material products drive import growth. In the first four months, the import of crude oil at Ningbo Port was 63.47 billion yuan, a year-on-year increase of 8.4%, driving the overall import growth of Ningbo Port by 2.3 percentage points during the same period.