Philippines / Germany

Overview In August 2021, Philippines exported $277M and imported $154M from Germany, resulting in a positive trade balance of $123M. Between August 2020 and August 2021 the exports of Philippines have increased by $60.9M (28.2%) from $216M to $277M, while imports decreased by $-10.4M (-6.33%) from $164M to $154M.

Trade In August 2021, the top exports of Philippines to Germany were Integrated Circuits ($63.6M), Commodities not elsewhere specified ($40.3M), Computers ($24.4M), Video Displays ($16.3M), and Industrial Printers ($14.7M). In August 2021 the top imports of Philippines from Germany were Planes, Helicopters, and/or Spacecraft ($56.4M), Commodities not elsewhere specified ($36.4M), Packaged Medicaments ($21.6M), Industrial Food Preperation Machinery ($8.64M), and Cranes ($7M).

Growth In August 2021, the increase in Philippines's year-by-year exports to Germany was explained primarily by an increase in product exports in Commodities not elsewhere specified ($8.99M or 28.7%), Computers ($8.8M or 56.3%), and Video Displays ($4.67M or 40.3%). In August 2021, the decrease in Philippines's year-by-year imports  from Germany was explained primarily by an decrease in product imports  in Aircraft Parts ($-28.3M or -96.8%), Planes, Helicopters, and/or Spacecraft ($-21.7M or -27.8%), and Integrated Circuits ($-2.63M or -41%).