Hainan Province

Overview In September 2024 Hainan Province exported $1.1B and imported $1.9B, resulting in a negative trade balance of $804M. Between September 2023 and September 2024 the exports of Hainan Province have increased by $388M (54.6%) from $712M to $1.1B, while imports decreased by $-98.8M (-4.93%) from $2B to $1.9B.

Trade In September 2024, the top exports of Hainan Province were Refined Petroleum ($176M), Polyacetals ($57.9M), Semiconductor Devices ($57.5M), Petroleum Gas ($52.7M), and Hot-Rolled Iron ($49.8M). In September 2024 the top imports of Hainan Province were Iron Ore ($437M), Cyclic Hydrocarbons ($137M), Coal Briquettes ($125M), Acyclic Alcohols ($123M), and Refined Petroleum ($111M).

Destinations In September 2024, Hainan Province exported mostly to Australia ($92.6M), Hong Kong ($88.4M), Indonesia ($71.2M), Vietnam ($69M), and United States ($66.6M), and imported mostly from Australia ($428M), Oman ($105M), United Arab Emirates ($103M), Indonesia ($102M), and South Africa ($96.7M).

Growth In September 2024, the increase in Hainan Province's year-by-year exports was explained primarily by an increase in exports to Australia ($87.2M or 1.63k%), Indonesia ($61.1M or 603%), and Malaysia ($54.8M or 568%), and product exports increase in Semiconductor Devices ($57.1M or 12.4k%), Hot-Rolled Iron ($44.2M or 792%), and Polyacetals ($24.5M or 73.3%). In September 2024, the decrease in Hainan Province's year-by-year imports was explained primarily by an decrease in imports from Canada ($-61.3M or -49.8%), Japan ($-59.7M or -55.1%), and Indonesia ($-53.1M or -34.2%), and product imports decrease in Ferroalloys ($-70.6M or -87.2%), Petroleum Gas ($-65.3M or -37.8%), and Coal Tar Oil ($-52.9M or -98.1%).