Hebei Province

Overview In December 2024 Hebei Province exported $4.62B and imported $3.18B, resulting in a positive trade balance of $1.45B. Between December 2023 and December 2024 the exports of Hebei Province have decreased by $-332M (-6.7%) from $4.96B to $4.62B, while imports decreased by $-829M (-20.7%) from $4.01B to $3.18B.

Trade In December 2024, the top exports of Hebei Province were Cars ($553M), Motor vehicles; parts and accessories (8701... ($222M), Hot-Rolled Iron ($107M), Iron Structures ($88M), and Seats ($85.8M). In December 2024 the top imports of Hebei Province were Iron Ore ($1.15B), Petroleum Gas ($506M), Soybeans ($221M), Crude Petroleum ($149M), and Aluminium Ore ($133M).

Destinations In December 2024, Hebei Province exported mostly to United States ($497M), Russia ($495M), South Korea ($215M), Vietnam ($149M), and Australia ($147M), and imported mostly from Australia ($974M), Brazil ($528M), Qatar ($386M), Malaysia ($167M), and Russia ($132M).

Growth In December 2024, the decrease in Hebei Province's year-by-year exports was explained primarily by an decrease in exports to South Korea ($-163M or -43.1%), Singapore ($-154M or -67.4%), and Malaysia ($-81.4M or -43.2%), and product exports decrease in Semiconductor Devices ($-55.2M or -85.4%), Light Fixtures ($-53.6M or -77.8%), and Electrical Capacitors ($-45.8M or -98.8%). In December 2024, the decrease in Hebei Province's year-by-year imports was explained primarily by an decrease in imports from Malaysia ($-407M or -70.9%), United States ($-282M or -69.1%), and Australia ($-73.1M or -6.98%), and product imports decrease in Petroleum Gas ($-268M or -34.6%), Iron Ore ($-191M or -14.2%), and Soybeans ($-166M or -43%).