Shanghai Province

Overview In October 2024 Shanghai Province exported $21.9B and imported $28.3B, resulting in a negative trade balance of $6.42B. Between October 2023 and October 2024 the exports of Shanghai Province have increased by $1.81B (9.03%) from $20.1B to $21.9B, while imports increased by $46.6M (0.16%) from $28.3B to $28.3B.

Trade In October 2024, the top exports of Shanghai Province were Integrated Circuits ($2.06B), Cars ($1.56B), Computers ($1.38B), Telephones ($1.22B), and Gold ($639M). In October 2024 the top imports of Shanghai Province were Integrated Circuits ($3.51B), Iron Ore ($1.99B), Machines and apparatus of a kind... ($792M), Vaccines, blood, antisera, toxins and cultures ($665M), and Computers ($631M).

Destinations In October 2024, Shanghai Province exported mostly to United States ($3.22B), Hong Kong ($2.22B), Japan ($1.47B), South Korea ($789M), and Germany ($765M), and imported mostly from Japan ($3.08B), United States ($2.51B), Chinese Taipei ($2.41B), Germany ($1.88B), and South Korea ($1.71B).

Growth In October 2024, the increase in Shanghai Province's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($595M or 36.7%), Russia ($264M or 72%), and Malaysia ($258M or 78.4%), and product exports increase in Gold ($639M or 272k%), Computers ($161M or 13.3%), and Integrated Circuits ($134M or 6.94%). In October 2024, the increase in Shanghai Province's year-by-year imports was explained primarily by an increase in imports from Kyrgyzstan ($552M or 111k%), United States ($353M or 16.4%), and Australia ($344M or 25.6%), and product imports increase in Iron Ore ($701M or 54.5%), Refined Copper ($325M or 122%), and Machines and apparatus of a kind... ($313M or 65.4%).