Lifting Machinery in   China

Overview In February 2024 China's Lifting Machinery exports accounted up to $544M and imports accounted up to $103M, resulting in a positive trade balance of $441M. Between February 2023 and February 2024 the exports of China's   Lifting Machinery have increased by $190M (53.8%) from $354M to $544M, while imports decreased by $-39M (-27.5%) from $142M to $103M.

Destinations In February 2024, Lifting Machinery were exported mostly to Indonesia ($66M), United States ($48.2M), Russia ($38.8M), India ($34.1M), and Vietnam ($23.4M), and were imported mostly from Germany ($28.2M), Japan ($11.7M), Taiwan ($10.6M), France ($9.13M), and South Korea ($7.49M).

Growth In February 2024, the increase in Lifting Machinery's year-by-year exports was explained primarily by an increase in exports to Russia ($9.35M or 51.4%), United States ($8.96M or 36.1%), and Mexico ($7.87M or 62.4%). In February 2024, the decrease in Lifting Machinery's year-by-year imports was explained primarily by a decrease in imports from Germany ($-20.3M or -39.4%), Japan ($-13.5M or -48.3%), and Taiwan ($-8.11M or -66.9%).