Electrical Transformers in   China

Overview In February 2024 China's Electrical Transformers exports accounted up to $2.78B and imports accounted up to $663M, resulting in a positive trade balance of $2.11B. Between February 2023 and February 2024 the exports of China's   Electrical Transformers have decreased by $-452M (-14%) from $3.23B to $2.78B, while imports decreased by $-176M (-21%) from $839M to $663M.

Destinations In February 2024, Electrical Transformers were exported mostly to United States ($302M), Hong Kong ($189M), India ($160M), Netherlands ($138M), and Thailand ($118M), and were imported mostly from China ($132M), Japan ($115M), Germany ($73.2M), Hungary ($47.5M), and Taiwan ($28.1M).

Growth In February 2024, the decrease in Electrical Transformers's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-297M or -52.5%), Vietnam ($-66.4M or -41.5%), and Indonesia ($-43.2M or -42.2%). In February 2024, the decrease in Electrical Transformers's year-by-year imports was explained primarily by a decrease in imports from China ($-182M or -51.3%), Japan ($-54.3M or -27.4%), and Taiwan ($-18.4M or -34.6%).