Electric Motor Parts in   China

Overview In November 2024 China's Electric Motor Parts exports accounted up to $679M and imports accounted up to $59.6M, resulting in a positive trade balance of $619M. Between November 2023 and November 2024 the exports of China's   Electric Motor Parts have increased by $71.4M (11.7%) from $608M to $679M, while imports decreased by $-12.3M (-17.1%) from $71.9M to $59.6M.

Destinations In November 2024, Electric Motor Parts were exported mostly to Germany ($97.3M), India ($60M), United States ($59.3M), Vietnam ($49.9M), and Mexico ($32.5M), and were imported mostly from Japan ($16.5M), South Korea ($10.7M), Germany ($7.58M), Chinese Taipei ($4.35M), and United States ($2.81M).

Growth In November 2024, the increase in Electric Motor Parts's year-by-year exports was explained primarily by an increase in exports to Australia ($24.1M or 1.09k%), Denmark ($15.8M or 166%), and France ($15.7M or 137%). In November 2024, the decrease in Electric Motor Parts's year-by-year imports was explained primarily by a decrease in imports from Japan ($-12.3M or -34.2%), Chinese Taipei ($-5.43M or -50.1%), and China ($-2.42M or -60.7%).