Overview In February 2023 Liaoning Province exported $3.62B and imported $3.65B, resulting in a negative trade balance of $36.4M. Between February 2022 and February 2023 the exports of Liaoning Province have increased by $144M (4.15%) from $3.47B to $3.62B, while imports decreased by $-593M (-14%) from $4.25B to $3.65B.
Trade In February 2023, the top exports of Liaoning Province were Integrated Circuits ($311M), Hot-Rolled Iron ($193M), Cars ($132M), Polycarboxylic Acids ($105M), and Hot-Rolled Iron Bars ($75.8M). In February 2023 the top imports of Liaoning Province were Crude Petroleum ($564M), Motor vehicles; parts and accessories (8701... ($354M), Iron Ore ($276M), Cyclic Hydrocarbons ($129M), and Potassic Fertilizers ($107M).
Destinations In February 2023, Liaoning Province exported mostly to Japan ($697M), South Korea ($413M), Taiwan ($282M), United States ($249M), and Germany ($173M), and imported mostly from Japan ($348M), Germany ($347M), Australia ($297M), Russia ($267M), and United States ($259M).
Growth In February 2023, the increase in Liaoning Province's year-by-year exports was explained primarily by an increase in exports to Japan ($235M or 33.3%), United States ($156M or 44.8%), and South Korea ($154M or 43.4%), and product exports increase in Railway Cargo Containers ($94.7M or 281%), Hot-Rolled Iron ($88.8M or 47.6k%), and Polycarboxylic Acids ($67.6M or 146%). In February 2023, the decrease in Liaoning Province's year-by-year imports was explained primarily by an decrease in imports from Norway ($-105M or -89.2%), United Arab Emirates ($-89M or -37.1%), and Kuwait ($-78.4M or -84.3%), and product imports decrease in Vaccines, blood, antisera, toxins and cultures ($-51.3M or -99.9%), Machines and apparatus of a kind... ($-46M or -44.1%), and Motor vehicles; parts and accessories (8701... ($-32.4M or -6.25%).