Machinery Having Individual Functions in   China

Overview In December 2024 China's Machinery Having Individual Functions exports accounted up to $1.64B and imports accounted up to $822M, resulting in a positive trade balance of $820M. Between December 2023 and December 2024 the exports of China's   Machinery Having Individual Functions have increased by $360M (28.1%) from $1.28B to $1.64B, while imports decreased by $-45.5M (-5.24%) from $868M to $822M.

Destinations In December 2024, Machinery Having Individual Functions were exported mostly to Vietnam ($184M), United States ($137M), Russia ($113M), India ($97.3M), and Thailand ($79.6M), and were imported mostly from Japan ($265M), Germany ($155M), South Korea ($69.2M), United States ($56.4M), and Chinese Taipei ($52.3M).

Growth In December 2024, the increase in Machinery Having Individual Functions's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($56.3M or 353%), India ($50.5M or 83.7%), and Vietnam ($47.9M or 73.5%). In December 2024, the decrease in Machinery Having Individual Functions's year-by-year imports was explained primarily by a decrease in imports from Japan ($-31.9M or -12.6%), South Korea ($-14.2M or -15.4%), and Austria ($-10.4M or -92.2%).