Optical Fibers and optical fibre bundles in   China

Overview In February 2024 China's Optical Fibers and optical fibre bundles exports accounted up to $342M and imports accounted up to $416M, resulting in a negative trade balance of $74.4M. Between February 2023 and February 2024 the exports of China's   Optical Fibers and optical fibre bundles have decreased by $-24.9M (-6.81%) from $367M to $342M, while imports decreased by $-33.7M (-7.5%) from $450M to $416M.

Destinations In February 2024, Optical Fibers and optical fibre bundles were exported mostly to Japan ($34.2M), Vietnam ($33M), Taiwan ($24.8M), South Korea ($21.6M), and Hong Kong ($20.3M), and were imported mostly from Japan ($131M), South Korea ($89.7M), Taiwan ($85.2M), United States ($26.9M), and Thailand ($19M).

Growth In February 2024, the decrease in Optical Fibers and optical fibre bundles's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-43.5M or -68.9%), Japan ($-24.8M or -44%), and Taiwan ($-18.5M or -48.9%). In February 2024, the decrease in Optical Fibers and optical fibre bundles's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-118M or -61.1%), Japan ($-70.6M or -33.8%), and Taiwan ($-66.9M or -40.6%).