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Ningbo Foreign Trade Breaks through 80 Billion US Dollars First

Ningbo Foreign Trade Breaks through 80 Billion US Dollars First

Write: Snifrid [2011-05-20]

According to the latest customs statistics announced by Ningbo Foreign Trade and Economic Cooperation Bureau on Jan. 13, 2011, the total foreign trade volume of Ningbo in 2010 reached 82.9 billion U.S. dollars, increasing by 36.3% over the same period, among which the export volume is 30.94 billion U.S. dollars and the import volume is 51.97 billion U.S. dollars, increasing by 39.6% and 34.5% over the same period respectively.

Compared with 2009, the total export last year had a net increase of 22.1 billion U.S. dollars, continuously breaking through 70 billion U.S. dollars and 80 billion U.S. dollars. According to Ministry of Commerce, in 36 provinces (municipalities), autonomous regions, municipalities with independent planning status, the total foreign trade volume of Ningbo ranks 9, the first time in Top 10, with the export volume ranking 11 and the import volume ranking 9.