Philippines / Uruguay

Overview In July 2024, Philippines exported $783k and imported $982k from Uruguay, resulting in a negative trade balance of $199k. Between July 2023 and July 2024 the exports of Philippines have decreased by $-2.1M (-72.9%) from $2.88M to $783k, while imports decreased by $-603k (-38.1%) from $1.59M to $982k.

Trade In July 2024, the top exports of Philippines to Uruguay were Vegetable Saps ($429k), Industrial Printers ($94.6k), Rubber Tires ($38.6k), Coconuts, Brazil Nuts, and Cashews ($33.6k), and Low-voltage Protection Equipment ($32k). In July 2024 the top imports of Philippines from Uruguay were Fermented Milk Products ($404k), Whey and other milk products ($198k), Cheese ($178k), Milk ($157k), and Tanned Furskins ($62.3k).

Growth In July 2024, the decrease in Philippines's year-by-year exports to Uruguay was explained primarily by an decrease in product exports in Wood Kitchenware ($-49.7k or -66.5%), Coconuts, Brazil Nuts, and Cashews ($-19.2k or -36.4%), and Industrial Printers ($-6.53k or -6.46%). In July 2024, the decrease in Philippines's year-by-year imports  from Uruguay was explained primarily by an decrease in product imports  in Sawn Wood ($-350k or -96.9%), Leather further prepared after tanning or... ($-27.2k or -52.1%), and Milk ($-13.6k or -7.98%).