Beijing

Overview In February 2024 Beijing exported $5.78B and imported $32.3B, resulting in a negative trade balance of $26.5B. Between February 2023 and February 2024 the exports of Beijing have decreased by $-1.73B (-23.1%) from $7.51B to $5.78B, while imports decreased by $-2.88B (-8.18%) from $35.2B to $32.3B.

Trade In February 2024, the top exports of Beijing were Refined Petroleum ($1.88B), Telephones ($848M), Integrated Circuits ($227M), Motor vehicles; parts and accessories (8701... ($170M), and X-Ray Equipment ($78.6M). In February 2024 the top imports of Beijing were Crude Petroleum ($14B), Gold ($4.13B), Petroleum Gas ($2.45B), Cars ($1.43B), and Iron Ore ($999M).

Destinations In February 2024, Beijing exported mostly to Hong Kong ($609M), Singapore ($483M), United States ($361M), United Arab Emirates ($292M), and Russia ($287M), and imported mostly from Brazil ($2.69B), Switzerland ($2.58B), United States ($2.37B), Iraq ($2.33B), and Russia ($1.93B).

Growth In February 2024, the decrease in Beijing's year-by-year exports was explained primarily by an decrease in exports to Germany ($-139M or -56.8%), South Korea ($-129M or -52.5%), and Kazakhstan ($-105M or -83.8%), and product exports decrease in Telephones ($-464M or -48.5%), Vaccines, blood, antisera, toxins and cultures ($-367M or -92.9%), and Laboratory Reagents ($-171M or -91.4%). In February 2024, the decrease in Beijing's year-by-year imports was explained primarily by an decrease in imports from Australia ($-1.09B or -33.7%), United States ($-1.02B or -22.3%), and Iraq ($-1.01B or -36.1%), and product imports decrease in Petroleum Gas ($-2.29B or -45.7%), Cars ($-1.92B or -53.3%), and Crude Petroleum ($-1.29B or -8.32%).