China / Chinese Taipei

Overview In October 2024, China exported $6.12B and imported $21.8B from Chinese Taipei, resulting in a negative trade balance of $15.7B. Between October 2023 and October 2024 the exports of China have increased by $173M (2.91%) from $5.95B to $6.12B, while imports increased by $2.92B (15.5%) from $18.9B to $21.8B.

Trade In October 2024, the top exports of China to Chinese Taipei were Integrated Circuits ($1.48B), Telephones ($304M), Commodities not elsewhere specified ($278M), Computers ($180M), and Office Machine Parts ($143M). In October 2024 the top imports of China from Chinese Taipei were Integrated Circuits ($9.54B), Sound Recordings ($365M), Computers ($235M), Semiconductor Devices ($176M), and Office Machine Parts ($172M).

Origins In October 2024 the exports of China were mainly from Jiangsu Province ($1.31B), Guangdong Province ($1.28B), Shanghai Province ($635M), Fujian Province ($626M), and Zhejiang Province ($484M), while imports destinations were mainly Guangdong Province ($9.68B), Jiangsu Province ($3.49B), Shanghai Province ($2.41B), Henan Province ($1.82B), and Zhejiang Province ($547M).

Growth In October 2024, the increase in China's year-by-year exports to Chinese Taipei was explained primarily by an increase in product exports in Commodities not elsewhere specified ($70M or 33.7%), Telephones ($66.7M or 28.1%), and Refined Petroleum ($21.6M or 161%). In October 2024, the increase in China's year-by-year imports  from Chinese Taipei was explained primarily by an increase in product imports  in Phenols ($29.1M or 733%), Nitrile Compounds ($9.35M or 158%), and Bicycles, delivery tricycles, other cycles ($5.74M or 214%).