Electric Musical Instruments in   China

Overview In July 2024 China's Electric Musical Instruments exports accounted up to $72.6M and imports accounted up to $7.27M, resulting in a positive trade balance of $65.3M. Between July 2023 and July 2024 the exports of China's   Electric Musical Instruments have increased by $12.9M (21.6%) from $59.7M to $72.6M, while imports decreased by $-2.12M (-22.5%) from $9.39M to $7.27M.

Destinations In July 2024, Electric Musical Instruments were exported mostly to United States ($24.6M), Germany ($6M), Japan ($4.69M), United Kingdom ($3.72M), and Belgium ($3.63M), and were imported mostly from Indonesia ($3.39M), United States ($1.75M), Malaysia ($675k), Mexico ($633k), and Japan ($571k).

Growth In July 2024, the increase in Electric Musical Instruments's year-by-year exports was explained primarily by an increase in exports to Malaysia ($1.22M or 85.4%), Russia ($996k or 127%), and India ($812k or 87.1%). In July 2024, the decrease in Electric Musical Instruments's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-2.15M or -35.3%), Chinese Taipei ($-988k or -96.3%), and Malaysia ($-480k or -53.7%).