In the first half of the year, Ningbo's import and export trade with Africa exceeded 50 billion yuan

This report (Reporter Sun Jiali, Jin Yuhan, Correspondent Li Qiaoru) Since May 1st, China has officially implemented a zero tariff policy for 53 African countries that have established diplomatic relations, further opening up the China Africa trade channel and continuously releasing policy dividends. According to the latest statistics from Ningbo Customs, the total import and export volume of Ningbo to Africa reached 50.63 billion yuan in the first half of this year, a year-on-year increase of 17.7%, and the trade scale significantly expanded.
Among them, the export performance was impressive, with a total amount of 28.85 billion yuan, a year-on-year increase of 18.3%; Imports from Africa amounted to 21.77 billion yuan, a year-on-year increase of 16.8%. The implementation of the zero tariff policy has effectively reduced enterprise costs and injected strong impetus into Ningbo's non trade with Africa.
From the perspective of trading partners, the main importing countries are the Democratic Republic of Congo and South Africa, while the main exporting countries are Nigeria and South Africa.
The market period for African grapefruits is concentrated from May to June. Ningbo Chenghe Food Co., Ltd. seizes the opportunity of Sino African trade and plans to import 2500 tons of fresh South African grapefruits on its own this year for processing canned grapefruit capsules and supplying them to the domestic catering industry.
The zero tariff policy implemented since May this year has indeed brought us a sweet taste. The import tariffs on fresh fruits have been greatly reduced, saving costs and increasing profit margins. Now we dare to buy more goods freely, and our customers' orders can also be accepted. Next, we plan to find several cooperative farms in South Africa and take advantage of this policy dividend to expand our business in Africa. "Qian Xiao, the relevant person in charge of the enterprise, said that in the future, we will add South African cooperative farms at the source and continue to expand our business scale in the African market based on the tariff dividend.
From the perspective of product classification, the main imported products are unprocessed copper and copper materials, metal ores and mineral sands, and agricultural products. The main exported products are textiles and clothing, electrical equipment, and household appliances.
Ningbo Xingye Shengtai Group mainly engages in various copper alloy plate and strip businesses. All imported electrolytic copper is used for smelting and processing, and is combined with other metals to make high-end copper alloy plates. This year, companies have increased their procurement of electrolytic copper from Africa, purchasing 5950 tons of electrolytic copper produced in Africa in the first half of the year, a year-on-year increase of 40%.
Relying on the economic recovery in North Africa and the release of people's livelihood demands, Ningbo Longjia Motorcycle Co., Ltd. has deeply cultivated segmented markets and upgraded its tricycle products through "customization" in response to the poor road conditions in the local area. By optimizing the frame and load-bearing structure, the company has developed a vehicle model that combines both passenger and cargo functions, accurately meeting the local demand for mixed passenger and freight transportation, and quickly opening up sales channels. At present, Egypt, Algeria, Morocco and other countries have become its core export markets, and the export volume of enterprises in the first half of this year increased by about 40% year-on-year.