Magnesium in   China

Overview In December 2024 China's Magnesium exports accounted up to $97.9M and imports accounted up to $563k, resulting in a positive trade balance of $97.4M. Between December 2023 and December 2024 the exports of China's   Magnesium have decreased by $-13M (-11.7%) from $111M to $97.9M, while imports decreased by $-39.2k (-6.51%) from $603k to $563k.

Destinations In December 2024, Magnesium were exported mostly to Netherlands ($15.7M), Canada ($12.1M), India ($10.1M), South Korea ($9.01M), and United Arab Emirates ($5.74M), and were imported mostly from Chinese Taipei ($169k), Japan ($141k), China ($125k), Canada ($34.2k), and Malaysia ($28.5k).

Growth In December 2024, the decrease in Magnesium's year-by-year exports was explained primarily by a decrease in exports to Japan ($-6.51M or -47.3%), Canada ($-6.34M or -24.3%), and Chinese Taipei ($-2.15M or -43.2%). In December 2024, the decrease in Magnesium's year-by-year imports was explained primarily by a decrease in imports from United States ($-178k or -89.8%), South Korea ($-98.6k or -99.9%), and China ($-47.6k or -44.3%).