Overview In July 2024 China's Molybdenum: bars and rods, other than those obtained simply by sintering, profiles, plates, sheets, strip and foil exports accounted up to $7.41M and imports accounted up to $1.96M, resulting in a positive trade balance of $5.46M. Between July 2023 and July 2024 the exports of China's Molybdenum: bars and rods, other than those obtained simply by sintering, profiles, plates, sheets, strip and foil have increased by $2.53M (51.9%) from $4.88M to $7.41M, while imports decreased by $-367k (-15.8%) from $2.33M to $1.96M.
Destinations In July 2024, Molybdenum: bars and rods, other than those obtained simply by sintering, profiles, plates, sheets, strip and foil were exported mostly to United States ($2.07M), Netherlands ($1.54M), South Korea ($1.06M), Japan ($695k), and Chinese Taipei ($475k), and were imported mostly from Austria ($1.56M), Japan ($356k), South Korea ($30.1k), United States ($5.57k), and Germany ($4.03k).
Growth In July 2024, the increase in Molybdenum: bars and rods, other than those obtained simply by sintering, profiles, plates, sheets, strip and foil's year-by-year exports was explained primarily by an increase in exports to United States ($442k or 257%), Japan ($343k or 53.1%), and South Korea ($240k or 126%). In July 2024, the decrease in Molybdenum: bars and rods, other than those obtained simply by sintering, profiles, plates, sheets, strip and foil's year-by-year imports was explained primarily by a decrease in imports from Austria ($-944k or -41.7%), Chinese Taipei ($-41.4k or -73.2%), and South Korea ($-25.8k or -50.8%).