Overview In July 2022 China's Electric Batteries exports accounted up to $5.33B and imports accounted up to $309M, resulting in a positive trade balance of $5.02B. Between July 2021 and July 2022 the exports of China's Electric Batteries have increased by $2.73B (105%) from $2.6B to $5.33B, while imports decreased by $-126M (-28.9%) from $435M to $309M.
Destinations In July 2022, Electric Batteries were exported mostly to Germany ($848M), United States ($792M), South Korea ($487M), Netherlands ($297M), and Vietnam ($283M), and were imported mostly from Japan ($52.8M), Singapore ($52.7M), Malaysia ($48.7M), South Korea ($44.1M), and China ($35.8M).
Growth In July 2022, the increase in Electric Batteries's year-by-year exports was explained primarily by an increase in exports to Vietnam ($223M or 286%), United States ($109M or 44.2%), and Slovakia ($57M or 351%). In July 2022, the decrease in Electric Batteries's year-by-year imports was explained primarily by a decrease in imports from Germany ($-13M or -27.4%), China ($-5.03M or -8.19%), and Brazil ($-2.18k or -39.3%).