Overview In April 2023 Hebei Province exported $4.96B and imported $2.37B, resulting in a positive trade balance of $2.59B. Between April 2022 and April 2023 the exports of Hebei Province have increased by $1.08B (27.9%) from $3.88B to $4.96B, while imports decreased by $-325M (-12.1%) from $2.69B to $2.37B.
Trade In April 2023, the top exports of Hebei Province were Cars ($455M), Motor vehicles; parts and accessories (8701... ($274M), Semiconductor Devices ($106M), Trunks and Cases ($99.1M), and Seats ($83M). In April 2023 the top imports of Hebei Province were Iron Ore ($1.01B), Coal Briquettes ($247M), Soybeans ($188M), Petroleum Gas ($179M), and Aluminium Ore ($62.5M).
Destinations In April 2023, Hebei Province exported mostly to United States ($659M), Russia ($372M), South Korea ($226M), Germany ($207M), and India ($178M), and imported mostly from Australia ($836M), Brazil ($269M), United States ($199M), Qatar ($138M), and Russia ($120M).
Growth In April 2023, the increase in Hebei Province's year-by-year exports was explained primarily by an increase in exports to United States ($57M or 10.7%), Vietnam ($50.5M or 55.7%), and Japan ($48.7M or 33.5%), and product exports increase in Cars ($122M or 140%), Nitrogen Heterocyclic Compounds ($67.8M or 176%), and Semiconductor Devices ($57.3M or 172%). In April 2023, the decrease in Hebei Province's year-by-year imports was explained primarily by an decrease in imports from Brazil ($-129M or -38.5%), United Arab Emirates ($-42.9M or -84.7%), and India ($-32.6M or -42.8%), and product imports decrease in Iron Ore ($-320M or -22.1%), Acyclic Alcohols ($-52.6M or -95%), and Machinery Having Individual Functions ($-9.75M or -61.6%).