Overview: In December 2020 Sichuan Province exported $6.59B and imported $4.4B, resulting in a positive trade balance of $2.19B. Between December 2019 and December 2020 the exports of Sichuan Province have increased by $2.01B (44%) from $4.58B to $6.59B, while imports increased by $839M (23.6%) from $3.56B to $4.4B.
Trade: In December 2020, the top exports of Sichuan Province were Computers ($2.72B), Integrated Circuits ($1.34B), Telephones ($613M), Cars ($86.4M), and Video Displays ($64.5M). In December 2020 the top imports of Sichuan Province were Integrated Circuits ($3.11B), Office Machine Parts ($86.6M), Machines and apparatus of a kind... ($79.1M), Telephones ($77.6M), and Computers ($55.7M).
Destinations: In December 2020, Sichuan Province exported mostly to United States ($1.46B), Vietnam ($927M), Hong Kong ($777M), Netherlands ($546M), and Malaysia ($347M), and imported mostly from United States ($1.1B), Taiwan ($741M), Ireland ($553M), Vietnam ($469M), and South Korea ($359M).
Growth: In December 2020, the increase in Sichuan Province's year-by-year exports was explained primarily by an increase in exports to United States ($773M or 113%), Malaysia ($137M or 65.4%), and Germany ($98.8M or 64.2%), and product exports increase in Computers ($1.09B or 66.7%), Telephones ($539M or 727%), and Integrated Circuits ($147M or 12.4%). In December 2020, the increase in Sichuan Province's year-by-year imports was explained primarily by an increase in imports from Taiwan ($317M or 74.6%), Vietnam ($309M or 194%), and United States ($151M or 16%), and product imports increase in Integrated Circuits ($832M or 36.6%), Office Machine Parts ($39.9M or 85.6%), and Broadcasting Accessories ($35.8M or 424%).