Overview In June 2023 China's Electric Batteries exports accounted up to $5.59B and imports accounted up to $255M, resulting in a positive trade balance of $5.33B. Between June 2022 and June 2023 the exports of China's Electric Batteries have increased by $858M (18.1%) from $4.73B to $5.59B, while imports decreased by $-156M (-37.9%) from $411M to $255M.
Destinations In June 2023, Electric Batteries were exported mostly to United States ($877M), South Korea ($763M), Germany ($747M), Netherlands ($305M), and South Africa ($269M), and were imported mostly from Malaysia ($52.9M), South Korea ($37.8M), China ($31.9M), Germany ($31.2M), and Japan ($25.3M).
Growth In June 2023, the increase in Electric Batteries's year-by-year exports was explained primarily by an increase in exports to United States ($313M or 88.1%), Germany ($208M or 103%), and South Korea ($171M or 118%). In June 2023, the decrease in Electric Batteries's year-by-year imports was explained primarily by a decrease in imports from United States ($-55.6M or -89.5%), South Korea ($-38.3M or -41.2%), and Japan ($-15.3M or -20%).