Overview In July 2022 Shanghai Province exported $26B and imported $34B, resulting in a negative trade balance of $7.96B. Between July 2021 and July 2022 the exports of Shanghai Province have increased by $5.47B (26.6%) from $20.5B to $26B, while imports increased by $3.46B (11.3%) from $30.5B to $34B.
Trade In July 2022, the top exports of Shanghai Province were Computers ($3.04B), Integrated Circuits ($2.07B), Telephones ($1.21B), Cars ($1.11B), and Motor vehicles; parts and accessories (8701... ($605M). In July 2022 the top imports of Shanghai Province were Integrated Circuits ($4.12B), Gold ($2.47B), Iron Ore ($1.53B), Cars ($1.16B), and Soybeans ($786M).
Destinations In July 2022, Shanghai Province exported mostly to United States ($5.24B), Japan ($2.03B), Hong Kong ($1.78B), Taiwan ($1.12B), and Germany ($1.07B), and imported mostly from Japan ($3.54B), United States ($2.65B), Germany ($2.64B), Taiwan ($2.46B), and South Korea ($2.26B).
Growth In July 2022, the increase in Shanghai Province's year-by-year exports was explained primarily by an increase in exports to Vietnam ($198M or 57%), South Korea ($159M or 24.6%), and United Kingdom ($102M or 27.1%), and product exports increase in Computers ($1.37B or 129%), Integrated Circuits ($1.12B or 117%), and Cars ($253M or 188%). In July 2022, the increase in Shanghai Province's year-by-year imports was explained primarily by an increase in imports from United States ($1.04B or 57.2%), Japan ($883M or 43.3%), and Taiwan ($647M or 43.6%), and product imports increase in Integrated Circuits ($403M or 13.7%), Vaccines, blood, antisera, toxins and cultures ($398M or 189%), and Computers ($268M or 82.6%).