Overview In April 2023 China exported $295B and imported $205B, resulting in a positive trade balance of $90.2B. Between April 2022 and April 2023 the exports of China have increased by $23.1B (8.47%) from $272B to $295B, while imports decreased by $-17.7B (-7.92%) from $223B to $205B.
Trade In April 2023, the top exports of China were Telephones ($15.6B), Computers ($11.8B), Integrated Circuits ($11B), Cars ($6.3B), and Semiconductor Devices ($6.02B). In April 2023 the top imports of China were Integrated Circuits ($27.1B), Crude Petroleum ($24.5B), Iron Ore ($10.9B), Gold ($7.92B), and Petroleum Gas ($6.52B).
Origins In April 2023 the exports of China were mainly from Guangdong Province ($67.9B), Zhejiang Province ($46.5B), Jiangsu Province ($41B), Shandong Province ($23.6B), and Shanghai Province ($22.1B), while imports destinations were mainly Beijing ($36B), Guangdong Province ($31.9B), Shanghai Province ($28.4B), Jiangsu Province ($20.5B), and Shandong Province ($15.4B).
Destinations In April 2023, China exported mostly to United States ($43B), Hong Kong ($22.3B), Japan ($13.9B), South Korea ($13.6B), and Vietnam ($12B), and imported mostly from Taiwan ($15.3B), Australia ($13.4B), United States ($13.3B), Japan ($13.2B), and South Korea ($12.2B).
Growth In April 2023, the increase in China's year-by-year exports was explained primarily by an increase in exports to Russia ($5.84B or 154%), Singapore ($1.66B or 36.3%), and Japan ($1.47B or 11.9%), and product exports increase in Cars ($4.59B or 268%), Commodities not elsewhere specified ($1.97B or 59.9%), and Electric Batteries ($1.9B or 48.9%). In April 2023, the decrease in China's year-by-year imports was explained primarily by an decrease in imports from Taiwan ($-5.39B or -26%), South Korea ($-4.3B or -26%), and Brazil ($-2.83B or -26.6%), and product imports decrease in Crude Petroleum ($-10.3B or -29.7%), Integrated Circuits ($-7.66B or -22%), and Cars ($-2.55B or -41.7%).