As an important domestic automobile parts production and export base, Ningbo's auto parts exports also achieved a slight increase in the contrarian trend under the low economic conditions of the entire industry.
According to the latest statistics from Ningbo Customs, Ningbo exported 1.11 billion U.S. dollars of auto parts in the first three quarters of 2013, which is an increase of 5% from the same period in 2012 (the same below). The export volume of private enterprises exceeded 60%, and the total export volume reached 690 million U.S. dollars, an increase of 3.9% over the same period in 2012. Exports dominated by general trade methods, with exports of US$1.07 billion, an increase of 8.6% over the same period of 2012, accounting for 95.8% of the total value of exports during the same period. The United States (400 million U.S. dollars, a decrease of 0.5% over the same period in 2012) and the European Union (270 million U.S. dollars, an increase of 19.3% over the same period in 2012) were the top two export markets, which together accounted for 59.5% of the total export value.
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