General

On March 13, according to data from Ningbo Customs, the total import and export volume of Ningbo ports in the first two months of this year was 351.47 billion yuan, an increase of 1.2% over the same period last year, and a growth rate of 2 percentage points higher than that of the country. Among them, exports amounted to 250.49 billion yuan, a slight decrease of 0.4% year-on-year; Import reached 100.98 billion yuan, up 5.2% year-on-year, 8.1 percentage points higher than the national average.

Specifically, customs data show that from January to February, the import and export of Ningbo Port to countries along the "the Belt and Road" was 121.84 billion yuan, up 6.4% year on year, accounting for 34.7% of the total import and export volume of ports in the same period, up 1.7 percentage points; Import and export to other RCEP member countries amounted to 70.63 billion yuan, a year-on-year increase of 9.1%, accounting for 20.1%, and an increase of 1.5 percentage points.

During the same period, Ningbo Port's imports and exports to the top two trading partners, the European Union and the United States, decreased by 10.5% and 5.5% respectively year-on-year, while its imports and exports to ASEAN increased by 8.6% year-on-year.

According to customs data, in the first two months, private enterprises imported and exported 249.18 billion yuan, up 2.5% year-on-year. According to data, the import and export volume of private enterprises accounted for 70.9% of the total import and export volume of Ningbo port during the same period, driving a 1.8 percentage point increase in the total import and export volume of Ningbo port during the same period.

The export volume of mechanical and electrical products decreased, with a declining proportion. The growth rate of some new energy products was encouraging. According to customs data, in the first two months, Ningbo port exported 129.53 billion yuan of mechanical and electrical products, a year-on-year decrease of 3.1%, accounting for 51.7% of the total export volume of Ningbo port during the same period, with a year-on-year decrease of 1.4 percentage points.

However, among the top ten export commodities, the export volume of textiles, high-tech products, clothing and clothing accessories, basic organic chemicals, pulp, paper, and their products increased positively year-on-year, with growth rates ranging from 0.7% to 37.9%. The growth rate of some new energy products was encouraging, with the export of lithium ion batteries increasing by 223.7% year-on-year, the export of electric passenger vehicles increasing by 123.9% year-on-year, and the export of solar cells increasing by 4.3% year-on-year.

Resource goods led the growth of Ningbo port imports in the first two months. According to customs data, in the first two months, the import of crude oil, unwrought copper and copper products, metal ore and ore, and refined oil at Ningbo Port increased by 4.5%, 13.1%, 61%, and 74.4% year-on-year, respectively, accounting for 45.5% of the total import volume at Ningbo Port, driving a total import growth of 5.8 percentage points at Ningbo Port. During the same period, the import volume of consumer goods and agricultural products increased by 27.4% and 31.2% respectively year-on-year.