Overview In February 2024 China's Iron Wire exports accounted up to $103M and imports accounted up to $5.29M, resulting in a positive trade balance of $97.6M. Between February 2023 and February 2024 the exports of China's Iron Wire have decreased by $-203M (-66.3%) from $306M to $103M, while imports decreased by $-663k (-11.1%) from $5.95M to $5.29M.
Destinations In February 2024, Iron Wire were exported mostly to South Korea ($7.52M), India ($6.02M), Vietnam ($5.75M), Brazil ($5.69M), and Thailand ($5.59M), and were imported mostly from South Korea ($2.16M), Japan ($1.19M), Taiwan ($769k), Germany ($356k), and Indonesia ($228k).
Growth In February 2024, the decrease in Iron Wire's year-by-year exports was explained primarily by a decrease in exports to Burma ($-6.9M or -66.3%), Iraq ($-2.04M or -35.2%), and Mexico ($-1.99M or -34.8%). In February 2024, the decrease in Iron Wire's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-1.85M or -46.2%), Japan ($-485k or -27.3%), and Taiwan ($-355k or -45.8%).