Ningxia's Organic Chemical Exports Doubled in the First Quarter

Recently, Ningxia Yinchuan Customs announced data that from January to March this year, the total value of Ningxia's foreign trade import and export was 5.35 billion yuan, a year-on-year increase of 62.8%. Among them, Ningxia's exports of basic organic chemicals, medicinal materials and medicines increased by 100.3% and 30.5% respectively.

According to statistical analysis, from January to March this year, Ningxia's foreign trade import and export showed the simultaneous development of private and state-owned enterprises, the increase in import and export of major trading partners, and the significant increase in import and export of five cities. "Under the influence of multiple difficulties such as rising raw materials and international freight, difficulty in booking space, and difficulty in shipping, Ningxia's advantageous industries such as basic organic chemicals, medical materials and pharmaceuticals can still actively explore overseas markets, contributing to the growth rate of foreign trade in the region during the same period. 24.3% and 6.3%." Yinchuan customs staff introduced.