Beijing

Overview In October 2024 Beijing exported $7.1B and imported $33.7B, resulting in a negative trade balance of $26.6B. Between October 2023 and October 2024 the exports of Beijing have increased by $141M (2.02%) from $6.96B to $7.1B, while imports decreased by $-3.19B (-8.66%) from $36.9B to $33.7B.

Trade In October 2024, the top exports of Beijing were Refined Petroleum ($1.56B), Telephones ($826M), Integrated Circuits ($301M), Motor vehicles; parts and accessories (8701... ($184M), and Gold ($171M). In October 2024 the top imports of Beijing were Crude Petroleum ($13B), Gold ($5.99B), Petroleum Gas ($2.39B), Soybeans ($1.17B), and Cars ($1.04B).

Destinations In October 2024, Beijing exported mostly to Hong Kong ($755M), Russia ($493M), United States ($489M), United Arab Emirates ($283M), and Singapore ($281M), and imported mostly from Russia ($3.43B), Switzerland ($2.08B), Canada ($2.05B), Iraq ($1.95B), and United States ($1.8B).

Growth In October 2024, the increase in Beijing's year-by-year exports was explained primarily by an increase in exports to Russia ($171M or 53.1%), Thailand ($144M or 192%), and South Korea ($143M or 115%), and product exports increase in Gold ($140M or 454%), Coated Flat-Rolled Iron ($110M or 254%), and Telephones ($100M or 13.8%). In October 2024, the decrease in Beijing's year-by-year imports was explained primarily by an decrease in imports from Brazil ($-1.63B or -50%), Angola ($-1.05B or -45.5%), and Oman ($-782M or -39.4%), and product imports decrease in Crude Petroleum ($-5.4B or -29.4%), Cars ($-763M or -42.3%), and Corn ($-474M or -99.9%).