Overview In July 2021 Chongqing exported $6.92B and imported $3.36B, resulting in a positive trade balance of $3.56B. Between July 2020 and July 2021 the exports of Chongqing have increased by $1.31B (23.2%) from $5.62B to $6.92B, while imports increased by $394M (13.3%) from $2.96B to $3.36B.
Trade In July 2021, the top exports of Chongqing were Computers ($3.34B), Telephones ($782M), Integrated Circuits ($429M), Motorcycles ($183M), and Cars ($131M). In July 2021 the top imports of Chongqing were Integrated Circuits ($1.27B), Computers ($230M), Office Machine Parts ($172M), Machines and apparatus of a kind... ($169M), and Sulfate Chemical Woodpulp ($111M).
Destinations In July 2021, Chongqing exported mostly to United States ($1.59B), Hong Kong ($1.06B), Germany ($675M), India ($249M), and Netherlands ($199M), and imported mostly from Taiwan ($708M), South Korea ($450M), China ($314M), Japan ($283M), and Vietnam ($282M).
Growth In July 2021, the increase in Chongqing's year-by-year exports was explained primarily by an increase in exports to United States ($178M or 12.6%), India ($86.8M or 53.4%), and Mexico ($46.8M or 46.7%), and product exports increase in Computers ($351M or 11.8%), Telephones ($343M or 78%), and Integrated Circuits ($298M or 228%). In July 2021, the increase in Chongqing's year-by-year imports was explained primarily by an increase in imports from Taiwan ($173M or 32.2%), Thailand ($150M or 165%), and Japan ($133M or 89%), and product imports increase in Machines and apparatus of a kind... ($137M or 431%), Cars ($97.3M or 98.8k%), and Sulfate Chemical Woodpulp ($94.4M or 561%).