Electric Soldering Equipment in   China

Overview In February 2024 China's Electric Soldering Equipment exports accounted up to $199M and imports accounted up to $32.5M, resulting in a positive trade balance of $166M. Between February 2023 and February 2024 the exports of China's   Electric Soldering Equipment have increased by $53.2M (36.6%) from $145M to $199M, while imports decreased by $-12.3M (-27.5%) from $44.8M to $32.5M.

Destinations In February 2024, Electric Soldering Equipment were exported mostly to Russia ($28.4M), United States ($18M), India ($17.6M), Mexico ($9.78M), and Brazil ($9.76M), and were imported mostly from Germany ($13.7M), Japan ($7.16M), United States ($4.1M), Austria ($2.16M), and Switzerland ($1M).

Growth In February 2024, the increase in Electric Soldering Equipment's year-by-year exports was explained primarily by an increase in exports to Russia ($9.85M or 54.8%), France ($3.81M or 260%), and Poland ($3.13M or 58.6%). In February 2024, the decrease in Electric Soldering Equipment's year-by-year imports was explained primarily by a decrease in imports from Germany ($-12.3M or -47.3%), South Korea ($-6.9M or -76%), and Japan ($-3.8M or -42.3%).