Philippines / United Arab Emirates

Overview In July 2024, Philippines exported $39.4M and imported $13.6M from United Arab Emirates, resulting in a positive trade balance of $25.8M. Between July 2023 and July 2024 the exports of Philippines have increased by $9.95M (33.7%) from $29.5M to $39.4M, while imports decreased by $-156M (-92%) from $169M to $13.6M.

Trade In July 2024, the top exports of Philippines to United Arab Emirates were Industrial Printers ($7.82M), Video Displays ($3.12M), Computers ($2.34M), Electrical Transformers ($2.02M), and Tropical Fruits ($1.59M). In July 2024 the top imports of Philippines from United Arab Emirates were Crude Petroleum ($114M), Petroleum Gas ($41.7M), Cars ($2.24M), Insulated Wire ($2.11M), and Copper Bars ($1.84M).

Growth In July 2024, the increase in Philippines's year-by-year exports to United Arab Emirates was explained primarily by an increase in product exports in Video Displays ($1.73M or 124%), Electrical Transformers ($1.3M or 180%), and Electric Batteries ($1.1M or 1.06k%). In July 2024, the decrease in Philippines's year-by-year imports  from United Arab Emirates was explained primarily by an decrease in product imports  in Raw Aluminium ($-1.15M or -80.3%), Nonaqueous Paints ($-385k or -82.9%), and Electrical Transformers ($-351k or -98.8%).