Ningxia Hui Autonomous Region

Overview In February 2024 Ningxia Hui Autonomous Region exported $117M and imported $69.9M, resulting in a positive trade balance of $47.1M. Between February 2023 and February 2024 the exports of Ningxia Hui Autonomous Region have decreased by $-53.8M (-31.5%) from $171M to $117M, while imports increased by $15.6M (28.8%) from $54.3M to $69.9M.

Trade In February 2024, the top exports of Ningxia Hui Autonomous Region were Oxygen Amino Compounds ($13.6M), Antibiotics ($5.94M), Nitrile Compounds ($5.61M), Carboxyimide Compounds ($5.58M), and Acyclic Alcohols ($3.99M). In February 2024 the top imports of Ningxia Hui Autonomous Region were Quartz ($21.9M), Manganese Ore ($9.83M), Niobium, Tantalum, Vanadium and Zirconium Ore ($6.7M), Linseed ($5.33M), and Machines and apparatus of a kind... ($4.52M).

Destinations In February 2024, Ningxia Hui Autonomous Region exported mostly to United States ($16.7M), Thailand ($10.5M), India ($9.97M), Brazil ($7.4M), and Vietnam ($6.33M), and imported mostly from Norway ($21.9M), Japan ($7.02M), South Africa ($4.83M), Democratic Republic of the Congo ($4.53M), and Russia ($4.41M).

Growth In February 2024, the decrease in Ningxia Hui Autonomous Region's year-by-year exports was explained primarily by an decrease in exports to Netherlands ($-8.54M or -62.6%), Taiwan ($-5.11M or -64.5%), and India ($-4.16M or -14.8%), and product exports decrease in Manganese ($-21M or -75.3%), Organo-Sulfur Compounds ($-6.1M or -67.6%), and Antibiotics ($-5.98M or -27.9%). In February 2024, the increase in Ningxia Hui Autonomous Region's year-by-year imports was explained primarily by an increase in imports from Germany ($16.6M or 255%), Russia ($2.56M or 874%), and Japan ($1.49M or 27.4%), and product imports increase in Other Heating Machinery ($4.57M or 1.07k%), Liquid Pumps ($3.47M or 751%), and Electric Motors ($3.44M or 3.69k%).