Overview: In December 2020 Fujian Province exported $13.1B and imported $7.35B, resulting in a positive trade balance of $5.75B. Between December 2019 and December 2020 the exports of Fujian Province have increased by $3.53B (36.9%) from $9.56B to $13.1B, while imports increased by $97.8M (1.35%) from $7.25B to $7.35B.
Trade: In December 2020, the top exports of Fujian Province were Rubber Footwear ($522M), Other Furniture ($412M), Video Displays ($369M), Electric Batteries ($369M), and Textile Footwear ($351M). In December 2020 the top imports of Fujian Province were Iron Ore ($1.41B), Copper Ore ($388M), Integrated Circuits ($251M), Crude Petroleum ($210M), and LCDs ($170M).
Destinations: In December 2020, Fujian Province exported mostly to United States ($2.18B), Philippines ($860M), Hong Kong ($707M), Taiwan ($689M), and United Kingdom ($660M), and imported mostly from Australia ($991M), Indonesia ($616M), Brazil ($605M), Taiwan ($525M), and United States ($484M).
Growth: In December 2020, the increase in Fujian Province's year-by-year exports was explained primarily by an increase in exports to United States ($403M or 22.6%), Malaysia ($281M or 96.3%), and Taiwan ($147M or 27.2%), and product exports increase in Blood, antisera, vaccines, toxins and cultures ($315M or 21.8k%), Electric Batteries ($256M or 228%), and Video Displays ($139M or 60.2%). In December 2020, the increase in Fujian Province's year-by-year imports was explained primarily by an increase in imports from Indonesia ($211M or 52.1%), United States ($197M or 68.6%), and Australia ($149M or 17.7%), and product imports increase in Iron Ore ($395M or 38.8%), Stainless Steel Ingots ($141M or 4.68k%), and Pig Iron ($101M or 394%).