Woodworking machines in   China

Overview In July 2024 China's Woodworking machines exports accounted up to $210M and imports accounted up to $17M, resulting in a positive trade balance of $193M. Between July 2023 and July 2024 the exports of China's   Woodworking machines have increased by $34.3M (19.5%) from $176M to $210M, while imports decreased by $-3.52M (-17.2%) from $20.5M to $17M.

Destinations In July 2024, Woodworking machines were exported mostly to United States ($29.4M), Vietnam ($27.2M), Russia ($23.9M), Germany ($12.7M), and Thailand ($8.64M), and were imported mostly from Germany ($5.23M), Italy ($4.6M), Japan ($3.06M), South Korea ($1.26M), and Chinese Taipei ($1.23M).

Growth In July 2024, the increase in Woodworking machines's year-by-year exports was explained primarily by an increase in exports to Malaysia ($4.71M or 88.5%), India ($2.44M or 29.5%), and Singapore ($2.35M or 439%). In July 2024, the decrease in Woodworking machines's year-by-year imports was explained primarily by a decrease in imports from Japan ($-1.86M or -79.2%), Austria ($-559k or -93.2%), and Italy ($-456k or -19%).