Hebei Province

Overview In October 2024 Hebei Province exported $4.47B and imported $2.5B, resulting in a positive trade balance of $1.97B. Between October 2023 and October 2024 the exports of Hebei Province have increased by $214M (5.04%) from $4.25B to $4.47B, while imports decreased by $-353M (-12.4%) from $2.85B to $2.5B.

Trade In October 2024, the top exports of Hebei Province were Cars ($524M), Hot-Rolled Iron ($225M), Motor vehicles; parts and accessories (8701... ($218M), Coated Flat-Rolled Iron ($103M), and Iron Structures ($77.7M). In October 2024 the top imports of Hebei Province were Iron Ore ($725M), Petroleum Gas ($415M), Soybeans ($320M), Coal Briquettes ($114M), and Other Fruits ($84.4M).

Destinations In October 2024, Hebei Province exported mostly to United States ($509M), Russia ($398M), South Korea ($210M), Vietnam ($178M), and Brazil ($171M), and imported mostly from Australia ($673M), Brazil ($527M), Russia ($184M), Qatar ($152M), and Malaysia ($139M).

Growth In October 2024, the increase in Hebei Province's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia ($56.3M or 69.5%), Turkey ($42.6M or 79.8%), and Vietnam ($28.7M or 19.3%), and product exports increase in Hot-Rolled Iron ($118M or 110%), Iron Blocks ($40.9M or 157%), and Coated Flat-Rolled Iron ($30.5M or 41.8%). In October 2024, the decrease in Hebei Province's year-by-year imports was explained primarily by an decrease in imports from Australia ($-238M or -26.2%), United States ($-64.2M or -48.5%), and Russia ($-47.6M or -20.5%), and product imports decrease in Iron Ore ($-432M or -37.3%), Asphalt Mixtures ($-85.1M or -65.8%), and Coal Briquettes ($-47.4M or -29.4%).