Philippines / Burma

Overview In July 2024, Philippines exported $2.21M and imported $28.2M from Burma, resulting in a negative trade balance of $26M. Between July 2023 and July 2024 the exports of Philippines have decreased by $-2.98M (-57.5%) from $5.19M to $2.21M, while imports increased by $23.7M (535%) from $4.44M to $28.2M.

Trade In July 2024, the top exports of Philippines to Burma were Processed Tobacco ($4.71M), Wadding ($848k), Packaged Medicaments ($252k), Stone Processing Machines ($231k), and Other Edible Preparations ($150k). In July 2024 the top imports of Philippines from Burma were Rice ($5.24M), Corn ($5.15M), Dried Legumes ($3.28M), Non-Knit Women's Suits ($125k), and Prefabricated Buildings ($106k).

Growth In July 2024, the decrease in Philippines's year-by-year exports to Burma was explained primarily by an decrease in product exports in Packaged Medicaments ($-133k or -34.5%) and Ink Ribbons ($-945 or -52.5%). In July 2024, the increase in Philippines's year-by-year imports  from Burma was explained primarily by an increase in product imports  in Dried Legumes ($691k or 26.7%), Non-Knit Women's Suits ($99.7k or 401%), and Knit T-shirts ($32.2k or 235%).