The first quarter foreign trade report of Ningbo Port for "Buy Global, Sell Global" has been released

      This is a perfect product! "At the first phase of the 137th Canton Fair, Russian purchaser Olga deliberately kept her freshly washed golden long hair and headed straight to the booth of Ningbo home appliance company Yueli Group.

      She placed her wet hair tips into the air outlet of the new hair dryer and experienced the charm of "quick drying" under the power of the high-speed motor.

      The "product strength" of Ningbo manufacturing has become the "driving force" for Ningbo's product exports.

      According to statistics from Ningbo Customs, in the first quarter of this year, the import and export of Ningbo Port reached 650.7 billion yuan, a year-on-year increase of 12.9%. Among them, exports amounted to 494.05 billion yuan, an increase of 19.5%; Imports amounted to 156.65 billion yuan, a decrease of 3.9%.

      Since the beginning of this year, foreign trade enterprises at Ningbo Port have been continuously consolidating their existing overseas markets and expanding their "friend circle" of "buying and selling globally" - currently, the European Union is the largest trading partner of Ningbo Port.

      In the first quarter, the import and export of Ningbo Port to the European Union reached 115.92 billion yuan, an increase of 21.5%, accounting for 1.3 percentage points of the overall import and export share of the port to 17.8%.

      During the same period, Ningbo Port showed good growth in imports and exports to ASEAN, Brazil, India, the United Kingdom, and other regions, with increases of 21%, 23.9%, 12.4%, and 17.6% respectively; The import and export to the countries jointly building the "the Belt and Road" amounted to 333.33 billion yuan, accounting for more than half of the total port share, up 16.4%, 3.6 percentage points higher than the total port share.

      Driven by the dual drive of electromechanical and labor-intensive products, the export of products at Ningbo Port has accelerated——

      In the first quarter of this year, Ningbo Port exported mechanical and electrical products worth 266.98 billion yuan, an increase of 22.4%, accounting for 1.3 percentage points of the port's export share to 54%, contributing 60.7% to the port's export growth and driving export growth by 11.8 percentage points. Among them, the export growth rate of electrical equipment, general machinery equipment, household appliances and other products exceeded 20%.

      During the same period, the market competitiveness of labor-intensive industries has significantly improved, laying a solid foundation for related products to go global.

      In the first quarter, Ningbo Port exported labor-intensive products worth 139 billion yuan, an increase of 17.1%. Among them, exports of textiles and clothing, plastic products, and furniture have entered the "fast lane", with export values increasing by 19.4%, 14.3%, and 16.7% respectively.

      In addition, the export value of various products such as agricultural products, pulp and paper and its products, basic organic chemicals, unprocessed copper and copper materials, sports goods and equipment, steel, wood and its products, etc. all showed double-digit growth year-on-year.

      From the import data, in the first quarter of this year, Ningbo Port imported mechanical and electrical products, unprocessed copper and copper materials, and basic organic chemicals worth 11.57 billion yuan, 10.26 billion yuan, and 8.46 billion yuan, respectively, an increase of 4.2%, 2.7%, and 1.9%; The import of natural and synthetic rubber, steel, glass and their products has shown outstanding performance, with import values increasing by 40.2%, 16.8%, and 98.6% respectively. However, metal ores and mineral sands were affected by the decline in average import prices, resulting in a 20.5% decrease in import value.