The import and export scale of Ningbo has exceeded 100 billion yuan for 17 consecutive months

Yesterday, Ningbo Customs released data showing that the total import and export volume of Ningbo reached 906.04 billion yuan in the first seven months of this year, an increase of 7.5% compared to the same period last year, continuing a good growth trend. Among them, the export value was 623.32 billion yuan, a year-on-year increase of 9%, and the import value was 282.72 billion yuan, a year-on-year increase of 4.4%. Especially in July, the import and export volume reached 134.76 billion yuan, a year-on-year increase of 11.3%, and the import and export scale exceeded 100 billion yuan for 17 consecutive months.
From a market perspective, diversified markets continue to consolidate, while emerging markets continue to expand.
In the first seven months, Ningbo's import and export volume to the European Union reached 160.43 billion yuan, a year-on-year increase of 7.3%, firmly ranking as the largest trading partner; Maintaining high-speed growth for ASEAN, achieving an import and export volume of 136.6 billion yuan, a year-on-year increase of 12.6%. During the same period, the import and export volume to Latin America and Africa was 85.45 billion yuan and 60.13 billion yuan respectively, an increase of 11.5% and 19.6% year-on-year. In addition, the import and export volume to countries jointly building the "the Belt and Road" was 449.68 billion yuan, up 5.7% year on year.
From the perspective of business entities, private enterprises firmly occupy the position of the largest foreign trade entity, injecting strong momentum into global trade.
In the first seven months, private enterprises in Ningbo achieved an import and export volume of 710.21 billion yuan, a year-on-year increase of 8.7%, driving the total import and export volume of our city to increase by 6.8 percentage points during the same period, accounting for 78.4% of our city's total import and export volume.
Entering the production workshop of Zhejiang Ningbo Xinhua Chang Transportation Equipment Co., Ltd., the machines roared and the workers cooperated seamlessly with the automatic welding robot. In about 90 seconds, a container was taken offline. Starting from June, there has been a significant increase in orders, and production has now reached November, with a daily output of 550 units, "said Zhang Zhuohui, assistant general manager of the company.
From the perspective of export commodities, the product structure has been further optimized, and the development of new energy manufacturing industry has accelerated.
In the first seven months, Ningbo exported mechanical and electrical products worth 360.3 billion yuan, a year-on-year increase of 8.3%, accounting for 57.8% of the total export value of Ningbo during the same period, consolidating the export base.
During the same period, the total export value of "new three types" products was 41.36 billion yuan, with a year-on-year increase of 128.3%. The export value of electric vehicles, lithium-ion batteries, and photovoltaic products under this category increased by 210.9%, 50.1%, and 59% respectively.
From the perspective of imported goods, relying on the domestic market and actively expanding opening-up measures, the import of bulk products and high-tech products has maintained a stable and progressive situation. In the first seven months, Ningbo imported 43.67 billion yuan of bulk commodities, a year-on-year increase of 12.4%, including 33.75 billion yuan of imported metal ores and mineral sands, a year-on-year increase of 15.1%. During the same period, imported high-tech products amounted to 25.48 billion yuan, a year-on-year increase of 5.5%.