Insulated Wire in   China

Overview In December 2024 China's Insulated Wire exports accounted up to $3.11B and imports accounted up to $428M, resulting in a positive trade balance of $2.68B. Between December 2023 and December 2024 the exports of China's   Insulated Wire have increased by $623M (25.1%) from $2.48B to $3.11B, while imports decreased by $-9.55M (-2.18%) from $438M to $428M.

Destinations In December 2024, Insulated Wire were exported mostly to United States ($444M), Hong Kong ($251M), Vietnam ($223M), South Korea ($171M), and Japan ($171M), and were imported mostly from Vietnam ($87.6M), China ($67.4M), United States ($45M), South Korea ($36.9M), and Japan ($35.8M).

Growth In December 2024, the increase in Insulated Wire's year-by-year exports was explained primarily by an increase in exports to Vietnam ($85.4M or 104%), Hong Kong ($78.5M or 75.3%), and Singapore ($24.4M or 56.9%). In December 2024, the decrease in Insulated Wire's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-21.7M or -18.5%), Romania ($-3.96M or -48.6%), and Austria ($-3.14M or -40.9%).