Metalworking Machines in   China

Overview In September 2024 China's Metalworking Machines exports accounted up to $33.7M and imports accounted up to $37.4M, resulting in a negative trade balance of $3.66M. Between September 2023 and September 2024 the exports of China's   Metalworking Machines have decreased by $-5.87M (-14.8%) from $39.6M to $33.7M, while imports decreased by $-13.7M (-26.8%) from $51.1M to $37.4M.

Destinations In September 2024, Metalworking Machines were exported mostly to Vietnam ($3.11M), India ($3M), United States ($2.82M), Russia ($2.7M), and Belarus ($2.39M), and were imported mostly from Germany ($20.7M), Switzerland ($7.6M), Japan ($6.32M), Italy ($1.68M), and South Korea ($463k).

Growth In September 2024, the decrease in Metalworking Machines's year-by-year exports was explained primarily by a decrease in exports to Germany ($-1.83M or -65.7%), Vietnam ($-1.14M or -23.3%), and Poland ($-900k or -67.9%). In September 2024, the decrease in Metalworking Machines's year-by-year imports was explained primarily by a decrease in imports from Japan ($-3.03M or -42.5%), South Korea ($-1.03M or -99.2%), and Chinese Taipei ($-773k or -86.1%).