Statistics from Ningbo Customs shows that the total export value of auto parts in Ningbo comes to 590 millions USD in the first seven months this year, up 60.7% year on year. While the export value of auto in July is 100 million USD, with 73.8% increase year on year, making a new record for single month export value.

 

The export markets are mainly EU and American markets, covering 57% of the total export value, with 210 million USD export value to USA and 130 million USD export value to EU. Export enterprises of auto parts are mostly private enterprise and foreign-funded enterprises, which achieve 270 million USD, up 49.4% and 220 millions USD export value, up 91.5% respectively in July.