Henan Province

Overview In February 2024 Henan Province exported $4B and imported $2.23B, resulting in a positive trade balance of $1.77B. Between February 2023 and February 2024 the exports of Henan Province have decreased by $-1.46B (-26.7%) from $5.46B to $4B, while imports decreased by $-579M (-20.6%) from $2.81B to $2.23B.

Trade In February 2024, the top exports of Henan Province were Telephones ($1.42B), Cars ($248M), Fake Hair ($177M), Aluminium Plating ($176M), and Commodities not elsewhere specified ($114M). In February 2024 the top imports of Henan Province were Broadcasting Accessories ($432M), Integrated Circuits ($391M), Precious Metal Ore ($231M), Copper Ore ($160M), and Crude Petroleum ($125M).

Destinations In February 2024, Henan Province exported mostly to United States ($861M), India ($219M), Saudi Arabia ($185M), Japan ($179M), and Hong Kong ($171M), and imported mostly from Vietnam ($377M), Taiwan ($310M), South Korea ($257M), Australia ($155M), and Peru ($142M).

Growth In February 2024, the decrease in Henan Province's year-by-year exports was explained primarily by an decrease in exports to Russia ($-56.9M or -29.6%), Italy ($-48.6M or -31.6%), and Malaysia ($-39.6M or -29.9%), and product exports decrease in Aluminium Plating ($-138M or -43.1%), Other Coloring Matter ($-42.6M or -40.3%), and Integrated Circuits ($-35M or -70.5%). In February 2024, the decrease in Henan Province's year-by-year imports was explained primarily by an decrease in imports from Taiwan ($-202M or -16.2%), China ($-194M or -66.8%), and Russia ($-142M or -62.3%), and product imports decrease in Integrated Circuits ($-233M or -12.9%), Crude Petroleum ($-211M or -72.7%), and Copper Ore ($-190M or -47.3%).