Lubricating Products in   China

Overview In February 2024 China's Lubricating Products exports accounted up to $27.6M and imports accounted up to $113M, resulting in a negative trade balance of $85M. Between February 2023 and February 2024 the exports of China's   Lubricating Products have decreased by $-2.32M (-7.75%) from $29.9M to $27.6M, while imports decreased by $-23.2M (-17.1%) from $136M to $113M.

Destinations In February 2024, Lubricating Products were exported mostly to Russia ($4.34M), Vietnam ($3.42M), Thailand ($1.97M), India ($1.48M), and Singapore ($1.33M), and were imported mostly from Japan ($44.3M), United States ($19.4M), Germany ($19M), Singapore ($6.76M), and South Korea ($4.08M).

Growth In February 2024, the decrease in Lubricating Products's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-1.88M or -35%), Thailand ($-1.14M or -46.8%), and Taiwan ($-720k or -50.3%). In February 2024, the decrease in Lubricating Products's year-by-year imports was explained primarily by a decrease in imports from Japan ($-31.6M or -48.5%), Singapore ($-18.6M or -75.9%), and South Korea ($-3.22M or -50.2%).