Overview In April 2023 China's Low-voltage Protection Equipment exports accounted up to $1.88B and imports accounted up to $976M, resulting in a positive trade balance of $909M. Between April 2022 and April 2023 the exports of China's Low-voltage Protection Equipment have increased by $44.3M (2.41%) from $1.84B to $1.88B, while imports decreased by $-263M (-21.2%) from $1.24B to $976M.
Destinations In April 2023, Low-voltage Protection Equipment were exported mostly to United States ($268M), Hong Kong ($234M), Vietnam ($114M), Japan ($97.9M), and Germany ($90.7M), and were imported mostly from Japan ($220M), China ($208M), Germany ($110M), South Korea ($73.2M), and United States ($46.4M).
Growth In April 2023, the increase in Low-voltage Protection Equipment's year-by-year exports was explained primarily by an increase in exports to Vietnam ($29.8M or 19.6%), United States ($24.8M or 10.5%), and Russia ($22.8M or 76.2%). In April 2023, the decrease in Low-voltage Protection Equipment's year-by-year imports was explained primarily by a decrease in imports from Japan ($-22.7M or -6.43%), Germany ($-19.5M or -14.2%), and Poland ($-3.72M or -22.8%).