Guizhou Province

Overview In February 2024 Guizhou Province exported $195M and imported $170M, resulting in a positive trade balance of $25.4M. Between February 2023 and February 2024 the exports of Guizhou Province have decreased by $-342M (-63.7%) from $537M to $195M, while imports decreased by $-27M (-13.7%) from $197M to $170M.

Trade In February 2024, the top exports of Guizhou Province were Rubber Tires ($21.1M), Hard Liquor ($13.8M), Phosphoric Acid ($12.1M), Gas Turbines ($10.8M), and Phosphinates (hypophosphites) and phosphonates (phosphites) ($9.66M). In February 2024 the top imports of Guizhou Province were Frozen Bovine Meat ($47.7M), Sulphur ($20.1M), Cobalt ($15.9M), Manganese Ore ($13.5M), and Iron Ore ($9.86M).

Destinations In February 2024, Guizhou Province exported mostly to United States ($26M), Hong Kong ($20.8M), Thailand ($11.4M), South Korea ($11M), and India ($9.82M), and imported mostly from Brazil ($25.9M), Democratic Republic of the Congo ($15.9M), Australia ($14.7M), United States ($12.2M), and United Arab Emirates ($10.2M).

Growth In February 2024, the decrease in Guizhou Province's year-by-year exports was explained primarily by an decrease in exports to New Zealand ($-14.6M or -64.3%), Hong Kong ($-11M or -16.7%), and Vietnam ($-6.01M or -41.1%), and product exports decrease in Electrical Parts ($-10.8M or -98.3%), Phosphoric Acid ($-10.4M or -51.8%), and Hard Liquor ($-9.22M or -36.8%). In February 2024, the decrease in Guizhou Province's year-by-year imports was explained primarily by an decrease in imports from Taiwan ($-40.7M or -61.1%), Australia ($-37M or -82.3%), and Thailand ($-18.7M or -94.6%), and product imports decrease in Iron Ore ($-32.4M or -75.9%), Integrated Circuits ($-25.1M or -81.6%), and Manganese Ore ($-22.9M or -66%).