The former export transformation is a new one with the import trade highlights

In October, the total foreign trade in ningbo was 500 billion

(reprinted ningbo daily)

Several stores in the Nordic countries and Thailand have seen a number of "mebo" brands in stores this year. "It's a whole store output mode, we provide clients with brand packaging, store design, product display, such as all-round support, counters, all sales of the company's independent brand goods." Mei feizhen, chairman of ningbo meibo import & export co., LTD., told me that under the new business model, the company's import and export volume is expected to increase by more than 30% this year.

Meibo is a microcosm of the rapid transformation and upgrading of ningbo's foreign trade enterprises. According to the latest data from ningbo customs, the first 10 months of this year, the city foreign trade import and export total 535.76 billion yuan, up 5.4% from a year earlier, the export of 373.7 billion yuan, an increase of 12.4%, import and export, export growth rate higher than the national average of 2.8 and 8% respectively. In dollar terms, the total import and export volume of foreign trade was $872.2 billion and $608.3 billion respectively, up 6.7 percent and 13.8 percent respectively.

The three traditional markets have been developing steadily and emerging markets have accelerated. From January to October, ningbo import and export, respectively for the European Union, the United States, the association of south-east Asian nations (asean) 114.42 billion yuan, 87.66 billion yuan and 44.48 billion yuan, increased by 11.1%, 9.7% and 11.1% respectively. At the same time, import and export to Australia, Russia and India 23.12 billion yuan, 13.09 billion yuan and 9.91 billion yuan respectively, 5.5%, 5.5% and 10.8%.

Relying on brand influence and science and technology support, "ningbo manufacturing" accelerated to "ningbo zhi zhi" transformation. The Japanese uniqlo alone has an order of $20 million and a profit margin of more than 30 percent. The company has also established fabric factories and apparel manufacturing bases in Cambodia and Vietnam to reduce costs through global production. According to customs statistics, in the first 10 months of this year, ningbo textile and clothing exports reached 71.21 billion yuan, up 10 percent year-on-year. Among them, exports in October were 6.74 billion yuan, an increase of 15.8 percent, and have maintained double-digit growth for seven consecutive months.

Subject to the downward trend of commodity prices, import trade has generally been weak, but local highlights. Under the drive of cross-border trade e-commerce, the import value of the city's bonded supervision area increased by 110.8 billion yuan in the january-october period, up 19.7 percent from a year earlier. At the beginning of this year, the import and export center of meishan has gathered more than 20 imported enterprises and imported more than 5000 kinds of goods.