Shanghai ports' exports surge 30.7% year-on-year in Q1

english.shanghai.gov.cn| April 19, 2024

Shanghai ports

Exported cars are driven onto a RoRo ship at the Haitong International Automotive Terminal in the Waigaoqiao port area. [Photo by Du Yunyu/eastday.com]

Car exports through ports in Shanghai experienced a remarkable 30.7 percent surge in the first quarter, reaching 529,000 vehicles, with electric passenger cars contributing over 40 percent, according to Shanghai Customs statistics.

The surge was significantly supported by the pivotal roles of the Waigaoqiao and Yangshan deepwater ports, leveraging their advantageous locations, state-of-the-art facilities, and efficient operations that have helped sustain a strong momentum in vehicle exports, said Shanghai Customs.

"Nearly 40 foreign trade roll-on/roll-off (Ro-Ro) shipping companies have established routes through the ports of Shanghai, connecting to more than 110 countries and regions worldwide, achieving global connectivity for major vehicle terminals,” said Lin Jie, the duty manager of the operations department at the Haitong Terminal of Waigaoqiao Port.

To further support the overseas expansion of domestically produced cars, Waigaoqiao Customs has actively championed the development of smart, consistently improved Customs clearance efficiency, including the establishment of a green channel for vehicle entry and innovative procedures such as declaration in advance to expedite vehicle clearance, Lin added.

The Yangshan Customs experienced a similar surge in car exports during the first quarter, marking a substantial year-on-year increase of 44.3 percent to a total export of 114,000 cars, with new energy vehicles representing over 70 percent.

 

Source: eastday.com