Zhejiang Ningbo Port bearing export volume price rose

According to customs statistics, in the first quarter, Zhejiang Ningbo port exported 360 million sets of bearings, 16.1% more than the same period of last year, worth 150 million US dollars, an increase of 35.9% over the same period of last year.

Experts from the local industry believe that in the first quarter, Ningbo port bearing exports rose in volume and price. First, due to the recovery of the global economy, the demand for bearings for industrial basic components increased. Second, due to the global inflation, the basic raw materials for steel bearings, Plastics and other prices rose, driving the price of bearings. In the first quarter, bearing exports from Zhejiang and Ningbo ports also showed the following characteristics: The average export price increased. In the first quarter, the average export price of Ningbo Port bearings was US$0.42 per set, up 17.1%. General trade exports accounted for an absolute majority, and processing trade exports increased exponentially. In the first quarter of the year, Ningbo Port’s bearings for general trade exports accounted for 99.1% of total exports. In the same period, the Ningbo Port exported 3.006 million sets of processing trade bearings, an increase of 6.2 times, accounting for 0.9% of the total export volume. India, the European Union, ASEAN and the UAE are the major export markets. In the first quarter, Ningbo Port exported 76.36 million sets, 6.71 million sets, 39.73 million sets, and 38.83 million sets to India, the European Union, the ASEAN, and the UAE, respectively, an increase of 10.6%, 19.9%, 41%, and 43.1%, respectively. The amount of 61.7%.

How to do a good job in export work in the second half of the year, experts also gave suggestions:

The first is to continue to advance the adjustment of the industrial organization structure and focus on increasing the export share of high-value-added products by enhancing core technologies such as technology and brand. Through mergers and acquisitions, asset restructuring, and other forms, the company enhances the competitiveness of the industry and its international competitiveness, and firmly opposes it. Competition among enterprises.

The second is to vigorously promote brand strategy. To improve the competitiveness of China's bearing products as soon as possible, leap-forward development should be implemented, and technological expansion and product expansion should be highlighted in the near future.

The third is to adjust and improve the customer structure and expand the export markets of developing countries such as Asia, Africa and Latin America. The level of product technology and quality of bearings in China is very suitable for developing countries and emerging industrial countries. The next few years will be a crucial period for the gradual transition from developing countries to industrialization. Their demand for bearings will increase exponentially. Therefore, it is recommended that the area be expanded. Bearing outlet.