Fujian Province

Overview In February 2024 Fujian Province exported $12B and imported $8.17B, resulting in a positive trade balance of $3.84B. Between February 2023 and February 2024 the exports of Fujian Province have increased by $1.35B (12.6%) from $10.7B to $12B, while imports decreased by $-1.12B (-12%) from $9.29B to $8.17B.

Trade In February 2024, the top exports of Fujian Province were Electric Batteries ($1.08B), Rubber Footwear ($479M), Trunks and Cases ($304M), Commodities not elsewhere specified ($295M), and Other Furniture ($281M). In February 2024 the top imports of Fujian Province were Iron Ore ($1.12B), Crude Petroleum ($749M), Copper Ore ($499M), Ferroalloys ($379M), and Coal Briquettes ($343M).

Destinations In February 2024, Fujian Province exported mostly to United States ($1.97B), Germany ($792M), Singapore ($669M), Malaysia ($565M), and Philippines ($443M), and imported mostly from Indonesia ($1.14B), Australia ($934M), United States ($811M), Brazil ($594M), and Saudi Arabia ($447M).

Growth In February 2024, the increase in Fujian Province's year-by-year exports was explained primarily by an increase in exports to Singapore ($213M or 157%), Germany ($177M or 26.1%), and Australia ($164M or 56.5%), and product exports increase in Electric Batteries ($1.18B or 234%), Office Machine Parts ($223M or 644%), and Commodities not elsewhere specified ($119M or 49.5%). In February 2024, the decrease in Fujian Province's year-by-year imports was explained primarily by an decrease in imports from Taiwan ($-375M or -54.5%), Switzerland ($-295M or -96.5%), and Japan ($-253M or -53.4%), and product imports decrease in Gold ($-480M or -100%), Copper Ore ($-264M or -29.3%), and Stainless Steel Ingots ($-214M or -68.8%).