Zhejiang Province

Overview In December 2024 Zhejiang Province exported $46.3B and imported $17.1B, resulting in a positive trade balance of $29.2B. Between December 2023 and December 2024 the exports of Zhejiang Province have increased by $13.8B (42.7%) from $32.5B to $46.3B, while imports increased by $1.59B (10.2%) from $15.5B to $17.1B.

Trade In December 2024, the top exports of Zhejiang Province were Commodities not elsewhere specified ($1.39B), Synthetic Filament Yarn Woven Fabric ($1.08B), Seats ($1B), Motor vehicles; parts and accessories (8701... ($963M), and Cars ($829M). In December 2024 the top imports of Zhejiang Province were Crude Petroleum ($1.5B), Iron Ore ($1.32B), Refined Copper ($1.19B), Scrap Copper ($1.08B), and Petroleum Gas ($654M).

Destinations In December 2024, Zhejiang Province exported mostly to United States ($7.42B), Russia ($2.01B), India ($1.57B), Germany ($1.46B), and South Korea ($1.25B), and imported mostly from United States ($1.85B), Australia ($1.07B), Japan ($1.06B), Saudi Arabia ($1.06B), and Indonesia ($1.01B).

Growth In December 2024, the increase in Zhejiang Province's year-by-year exports was explained primarily by an increase in exports to Russia ($351M or 21.1%), Saudi Arabia ($274M or 46.7%), and United Arab Emirates ($272M or 29.9%), and product exports increase in Commodities not elsewhere specified ($650M or 87.6%), Seats ($488M or 95%), and Motor vehicles; parts and accessories (8701... ($356M or 58.7%). In December 2024, the increase in Zhejiang Province's year-by-year imports was explained primarily by an increase in imports from United States ($738M or 66.4%), Democratic Republic of the Congo ($349M or 139%), and Vietnam ($285M or 67.3%), and product imports increase in Refined Copper ($308M or 34.9%), Petroleum Gas ($269M or 69.9%), and Sound Recordings ($264M or 170%).