Overview In June 2023 China's Laboratory Reagents exports accounted up to $131M and imports accounted up to $490M, resulting in a negative trade balance of $358M. Between June 2022 and June 2023 the exports of China's Laboratory Reagents have decreased by $-166M (-55.9%) from $298M to $131M, while imports decreased by $-27.9M (-5.39%) from $518M to $490M.
Destinations In June 2023, Laboratory Reagents were exported mostly to United States ($25.8M), Japan ($8.28M), Russia ($7.12M), India ($5.81M), and South Korea ($5.63M), and were imported mostly from Germany ($149M), United States ($146M), Japan ($33.4M), Ireland ($29.1M), and Singapore ($24.6M).
Growth In June 2023, the decrease in Laboratory Reagents's year-by-year exports was explained primarily by a decrease in exports to Iran ($-5.06M or -98.5%), Indonesia ($-3.27M or -31.1%), and South Africa ($-1.72M or -71.1%). In June 2023, the decrease in Laboratory Reagents's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-393k or -29.5%), Belgium ($-296k or -62.5%), and Norway ($-194k or -21.4%).