Borates in   China

Overview In February 2024 China's Borates exports accounted up to $2.49M and imports accounted up to $31.7M, resulting in a negative trade balance of $29.2M. Between February 2023 and February 2024 the exports of China's   Borates have decreased by $-448k (-15.2%) from $2.94M to $2.49M, while imports decreased by $-14.7M (-31.6%) from $46.3M to $31.7M.

Destinations In February 2024, Borates were exported mostly to Russia ($528k), Malaysia ($254k), India ($179k), Italy ($151k), and Japan ($149k), and were imported mostly from Turkey ($19M), United States ($11.9M), Peru ($490k), Japan ($110k), and Italy ($109k).

Growth In February 2024, the decrease in Borates's year-by-year exports was explained primarily by a decrease in exports to Russia ($-547k or -52.4%), Italy ($-255k or -86.3%), and Taiwan ($-211k or -43.9%). In February 2024, the decrease in Borates's year-by-year imports was explained primarily by a decrease in imports from Japan ($-15.5k or -32.4%), Australia ($-4.26k or -54.7%), and France ($-419 or -76.6%).