Overview: In April 2020 China exported $177B and imported $153B, resulting in a positive trade balance of $24.3B. Between April 2019 and April 2020 the exports of China have increased by $6.84B (4.02%) from $170B to $177B, while imports decreased by $-15.7B (-9.33%) from $168B to $153B.
Trade: In April 2020 the top exports of China were Computers ($13.1B), Telephones ($12.1B), Other Cloth Articles ($8.49B), Integrated Circuits ($5.14B), and Refined Petroleum ($2.86B). In April 2020 the top imports of China were Integrated Circuits ($27.1B), Crude Petroleum ($10.8B), Iron Ore ($8.06B), Petroleum Gas ($3.44B), and Telephones ($3.16B).
Origins: In April 2020 the exports of China were mainly from Guangdong Province ($34.8B), Jiangsu Province ($29.9B), Zhejiang Province ($24.2B), Shanghai Province ($15.1B), and Shandong Province ($13.7B), while imports destinations were mainly Guangdong Province ($31.8B), Shanghai Province ($21.8B), Jiangsu Province ($19.7B), Beijing ($17.3B), and Shandong Province ($9.68B).
Destinations: In April 2020 China exported mostly to United States ($32.1B), Japan ($13.7B), South Korea ($10.1B), Vietnam ($8.63B), and Germany ($7.75B), and imported mostly from Taiwan ($15.4B), Japan ($14.7B), South Korea ($13.5B), China ($10.5B), and Australia ($9.2B).
Growth: In April 2020, the increase in China's year-by-year exports was explained primarily by an increase in exports to Japan ($3.37B or 32.8%), Germany ($1.28B or 19.9%), and Thailand ($1.15B or 35.8%), and product exports increase in Other Cloth Articles ($7.98B or 1.57k%), Computers ($3.52B or 36.7%), and Felt or Coated Fabric Garments ($668M or 344%). In April 2020, the decrease in China's year-by-year imports was explained primarily by a decrease in imports from Switzerland ($-2.48B or -71.8%), Saudi Arabia ($-2.42B or -54%), and Iran ($-1.67B or -76%), and product imports decrease in Crude Petroleum ($-10.8B or -50%), Gold ($-6.11B or -97.1%), and Cars ($-2.78B or -64.8%).