Overview In December 2022 China's Low-voltage Protection Equipment exports accounted up to $1.89B and imports accounted up to $1.16B, resulting in a positive trade balance of $730M. Between December 2021 and December 2022 the exports of China's Low-voltage Protection Equipment have decreased by $-332M (-14.9%) from $2.22B to $1.89B, while imports decreased by $-390M (-25.2%) from $1.55B to $1.16B.
Destinations In December 2022, Low-voltage Protection Equipment were exported mostly to Hong Kong ($281M), United States ($264M), Vietnam ($98.9M), Japan ($95.2M), and Germany ($80.1M), and were imported mostly from Japan ($261M), China ($226M), Germany ($116M), South Korea ($83.8M), and Malaysia ($75.9M).
Growth In December 2022, the decrease in Low-voltage Protection Equipment's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-17.7M or -4.4%), Saudi Arabia ($-7.4M or -28.5%), and Iran ($-2.63M or -32.1%). In December 2022, the decrease in Low-voltage Protection Equipment's year-by-year imports was explained primarily by a decrease in imports from Japan ($-22.3M or -6.31%), Germany ($-19.5M or -14.2%), and Poland ($-3.72M or -22.8%).