Guangdong Province

Overview In September 2024 Guangdong Province exported N/A73.2B and imported N/A39.9B, resulting in a positive trade balance of N/A33.3B. Between September 2023 and September 2024 the exports of Guangdong Province have decreased by $-3.24B (-4.24%) from N/A76.4B to N/A73.2B, while imports increased by N/A3.67B (10.2%) from N/A36.2B to N/A39.9B.

Trade In September 2024, the top exports of Guangdong Province were Telephones ($7.81B), Computers ($3.93B), Integrated Circuits ($3.82B), Commodities not elsewhere specified ($3.37B), and Gold ($1.98B). In September 2024 the top imports of Guangdong Province were Integrated Circuits ($14.5B), Computers ($3.43B), Flat panel displays ($1.43B), Office Machine Parts ($1.29B), and Semiconductor Devices ($1.19B).

Destinations In September 2024, Guangdong Province exported mostly to Hong Kong ($16.3B), United States ($12.4B), India ($2.52B), Vietnam ($2.45B), and Japan ($2.21B), and imported mostly from Chinese Taipei ($8.5B), China ($6.75B), South Korea ($3.45B), Japan ($3.09B), and Vietnam ($2.69B).

Growth In September 2024, the decrease in Guangdong Province's year-by-year exports was explained primarily by an decrease in exports to Malaysia ($-648M or -27.5%), Singapore ($-548M or -33.5%), and United Kingdom ($-448M or -21.2%), and product exports decrease in Telephones ($-1.03B or -11.7%), Other toys ($-539M or -25.6%), and Light Fixtures ($-430M or -25.3%). In September 2024, the increase in Guangdong Province's year-by-year imports was explained primarily by an increase in imports from China ($1.35B or 24.9%), Chinese Taipei ($1.18B or 16.2%), and South Korea ($428M or 14.2%), and product imports increase in Computers ($2.31B or 207%), Integrated Circuits ($1.54B or 11.9%), and Office Machine Parts ($795M or 159%).