Overview: In December 2020 Hebei Province exported $4.19B and imported $2.76B, resulting in a positive trade balance of $1.43B. Between December 2019 and December 2020 the exports of Hebei Province have increased by $1.22B (41.2%) from $2.97B to $4.19B, while imports increased by $864M (45.5%) from $1.9B to $2.76B.
Trade: In December 2020, the top exports of Hebei Province were Furskin Apparel ($359M), Other Plastic Products ($175M), Vehicle Parts ($142M), Seats ($86.3M), and Cars ($84.9M). In December 2020 the top imports of Hebei Province were Iron Ore ($1.35B), Petroleum Gas ($377M), Soybeans ($229M), Coal Briquettes ($64.5M), and Acyclic Alcohols ($58.2M).
Destinations: In December 2020, Hebei Province exported mostly to United States ($551M), Russia ($458M), South Korea ($210M), India ($157M), and Vietnam ($146M), and imported mostly from Australia ($994M), Brazil ($315M), United States ($293M), Qatar ($224M), and South Africa ($73M).
Growth: In December 2020, the increase in Hebei Province's year-by-year exports was explained primarily by an increase in exports to United States ($179M or 48.1%), Russia ($161M or 54.2%), and Vietnam ($76M or 109%), and product exports increase in Other Plastic Products ($137M or 360%), Furskin Apparel ($64M or 21.7%), and Iron Wire ($56.8M or 545%). In December 2020, the increase in Hebei Province's year-by-year imports was explained primarily by an increase in imports from Australia ($287M or 40.5%), Qatar ($224M or 88.9k%), and United States ($133M or 83.5%), and product imports increase in Iron Ore ($429M or 46.5%), Petroleum Gas ($370M or 5.68k%), and Coal Briquettes ($64.5M or 8.53M%).