Overview: In January 2021 Fujian Province exported $12.6B and imported $7.98B, resulting in a positive trade balance of $4.65B. Between January 2020 and January 2021 the exports of Fujian Province have increased by $2.23B (21.4%) from $10.4B to $12.6B, while imports increased by $2.23B (38.7%) from $5.75B to $7.98B.
Trade: In January 2021, the top exports of Fujian Province were Rubber Footwear ($518M), Electric Batteries ($442M), Other Furniture ($390M), Textile Footwear ($378M), and Video Displays ($293M). In January 2021 the top imports of Fujian Province were Iron Ore ($1.02B), Crude Petroleum ($456M), Integrated Circuits ($404M), Copper Ore ($402M), and LCDs ($203M).
Destinations: In January 2021, Fujian Province exported mostly to United States ($2.19B), Philippines ($907M), Taiwan ($757M), Japan ($619M), and Vietnam ($600M), and imported mostly from Australia ($784M), Indonesia ($697M), Taiwan ($692M), United States ($493M), and Japan ($422M).
Growth: In January 2021, the increase in Fujian Province's year-by-year exports was explained primarily by an increase in exports to Vietnam ($332M or 124%), United States ($326M or 17.5%), and Taiwan ($302M or 66.4%), and product exports increase in Electric Batteries ($272M or 160%), Blood, antisera, vaccines, toxins and cultures ($238M or 13.3k%), and Commodities not elsewhere specified ($132M or 413%). In January 2021, the increase in Fujian Province's year-by-year imports was explained primarily by an increase in imports from Taiwan ($266M or 62.3%), United States ($255M or 107%), and Malaysia ($243M or 186%), and product imports increase in Iron Ore ($404M or 65.9%), Stainless Steel Ingots ($190M or 103k%), and Integrated Circuits ($174M or 75.2%).