Overview In July 2024 China's Electric Soldering Equipment exports accounted up to $250M and imports accounted up to $45.6M, resulting in a positive trade balance of $205M. Between July 2023 and July 2024 the exports of China's Electric Soldering Equipment have increased by $11.7M (4.89%) from $239M to $250M, while imports decreased by $-25.2M (-35.6%) from $70.7M to $45.6M.
Destinations In July 2024, Electric Soldering Equipment were exported mostly to United States ($25M), Russia ($23.8M), India ($18M), Mexico ($14M), and Thailand ($13.7M), and were imported mostly from Germany ($18M), South Korea ($9.66M), Japan ($4.95M), United States ($2.78M), and Austria ($2.68M).
Growth In July 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 ($3.13M or 58.6%). In July 2024, the decrease in Electric Soldering Equipment's year-by-year imports was explained primarily by a decrease in imports from Germany ($-12.3M or -47.3%), South Korea ($-6.9M or -76%), and Japan ($-3.8M or -42.3%).