Opto-Electric Instrument Parts in   China

Overview In October 2024 China's Opto-Electric Instrument Parts exports accounted up to $19.9M and imports accounted up to $3.86M, resulting in a positive trade balance of $16.1M. Between October 2023 and October 2024 the exports of China's   Opto-Electric Instrument Parts have increased by $1.5M (8.16%) from $18.4M to $19.9M, while imports decreased by $-357k (-8.48%) from $4.21M to $3.86M.

Destinations In October 2024, Opto-Electric Instrument Parts were exported mostly to United States ($5.51M), Russia ($1.74M), Hong Kong ($1.7M), Australia ($1.37M), and Japan ($1.32M), and were imported mostly from Japan ($553k), China ($535k), Chinese Taipei ($351k), United States ($343k), and Israel ($306k).

Growth In October 2024, the increase in Opto-Electric Instrument Parts's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($15.1M or 497%), Singapore ($2.7M or 475%), and United States ($2.61M or 45.5%). In October 2024, the decrease in Opto-Electric Instrument Parts's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei ($-2.2M or -63.6%), United States ($-751k or -54.8%), and Switzerland ($-410k or -91%).