Electric Furnaces in   China

Overview In February 2024 China's Electric Furnaces exports accounted up to $79M and imports accounted up to $43.3M, resulting in a positive trade balance of $35.7M. Between February 2023 and February 2024 the exports of China's   Electric Furnaces have increased by $8.74M (12.4%) from $70.2M to $79M, while imports decreased by $-32.6M (-42.9%) from $75.9M to $43.3M.

Destinations In February 2024, Electric Furnaces were exported mostly to Russia ($11.9M), United States ($5.84M), India ($5.61M), Indonesia ($5.17M), and Hong Kong ($3.88M), and were imported mostly from Germany ($12.2M), Taiwan ($7.36M), United States ($7.05M), France ($6.17M), and Japan ($3.63M).

Growth In February 2024, the increase in Electric Furnaces's year-by-year exports was explained primarily by an increase in exports to Indonesia ($28.1M or 217%), United States ($5.55M or 93.4%), and Bolivia ($3.74M or 485k%). In February 2024, the decrease in Electric Furnaces's year-by-year imports was explained primarily by a decrease in imports from Japan ($-13M or -70.1%), United States ($-6.53M or -60.3%), and Italy ($-3.79M or -64.4%).