Musical Instrument Parts in   China

Overview In July 2024 China's Musical Instrument Parts exports accounted up to $22.6M and imports accounted up to $7.83M, resulting in a positive trade balance of $14.7M. Between July 2023 and July 2024 the exports of China's   Musical Instrument Parts have decreased by $-1.58M (-6.54%) from $24.1M to $22.6M, while imports decreased by $-2.48M (-24%) from $10.3M to $7.83M.

Destinations In July 2024, Musical Instrument Parts were exported mostly to United States ($5.52M), Indonesia ($3.85M), Germany ($1.92M), Japan ($1.21M), and Hong Kong ($830k), and were imported mostly from United States ($1.71M), Japan ($1.46M), Chinese Taipei ($1.07M), Indonesia ($980k), and South Korea ($731k).

Growth In July 2024, the decrease in Musical Instrument Parts's year-by-year exports was explained primarily by a decrease in exports to Indonesia ($-5.1M or -61.8%), South Korea ($-1.23M or -66.1%), and United States ($-821k or -13.5%). In July 2024, the decrease in Musical Instrument Parts's year-by-year imports was explained primarily by a decrease in imports from Japan ($-884k or -33.2%), South Korea ($-556k or -73.2%), and United States ($-540k or -39.2%).