Steel Wire in   China

Overview In July 2024 China's Steel Wire exports accounted up to $39.3M and imports accounted up to $8.79M, resulting in a positive trade balance of $30.5M. Between July 2023 and July 2024 the exports of China's   Steel Wire have decreased by $-1.3M (-3.2%) from $40.6M to $39.3M, while imports decreased by $-1.18M (-11.9%) from $9.97M to $8.79M.

Destinations In July 2024, Steel Wire were exported mostly to Russia ($5.08M), Brazil ($4.83M), Poland ($3.39M), United States ($1.74M), and South Korea ($1.66M), and were imported mostly from Japan ($2.47M), South Korea ($1.78M), Malaysia ($1.29M), Chinese Taipei ($1.2M), and Germany ($716k).

Growth In July 2024, the decrease in Steel Wire's year-by-year exports was explained primarily by a decrease in exports to Brazil ($-2.92M or -42%), Indonesia ($-2.25M or -63.6%), and India ($-1.54M or -83%). In July 2024, the decrease in Steel Wire's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-2.03M or -57.8%), Japan ($-1.38M or -31%), and Chinese Taipei ($-749k or -60.3%).