Overview In June 2022 China exported $331B and imported $233B, resulting in a positive trade balance of $97.9B. Between June 2021 and June 2022 the exports of China have increased by $49.9B (17.7%) from $281B to $331B, while imports increased by $3.43B (1.49%) from $230B to $233B.
Trade In June 2022, the top exports of China were Telephones ($18.2B), Computers ($17.7B), Integrated Circuits ($14B), Semiconductor Devices ($6.35B), and Other toys ($4.74B). In June 2022 the top imports of China were Integrated Circuits ($36B), Crude Petroleum ($28.6B), Iron Ore ($12B), Petroleum Gas ($6.85B), and Gold ($6.29B).
Origins In June 2022 the exports of China were mainly from Guangdong Province ($66.2B), Jiangsu Province ($51.6B), Zhejiang Province ($47.8B), Shandong Province ($28.9B), and Shanghai Province ($22.2B), while imports destinations were mainly Guangdong Province ($39.3B), Beijing ($34.6B), Shanghai Province ($33.8B), Jiangsu Province ($25.2B), and Zhejiang Province ($16.8B).
Destinations In June 2022, China exported mostly to United States ($56B), Hong Kong ($27.8B), South Korea ($15.7B), Japan ($14.8B), and Vietnam ($13.1B), and imported mostly from Taiwan ($20.2B), South Korea ($16.5B), Japan ($15.9B), United States ($14.6B), and Australia ($12.5B).
Growth In June 2022, the increase in China's year-by-year exports was explained primarily by an increase in exports to United States ($11.7B or 36.1%), Vietnam ($6.36B or 103%), and South Korea ($2.94B or 34.6%), and product exports increase in Telephones ($9.4B or 71.3%), Computers ($7.59B or 88.7%), and Integrated Circuits ($6.14B or 129%). In June 2022, the increase in China's year-by-year imports was explained primarily by an increase in imports from United States ($7.42B or 86.4%), Taiwan ($7.06B or 59.9%), and Japan ($5.12B or 50%), and product imports increase in Integrated Circuits ($9.99B or 46.7%), Iron Ore ($4.76B or 60.8%), and Telephones ($2.43B or 99.8%).