Overview: In July 2020 Philippines' Other Heating Machinery exports accounted up to $15.9M and imports accounted up to $14.4M, resulting in a positive trade balance of $1.45M. Between July 2019 and July 2020 the exports of Philippines' Other Heating Machinery have decreased by $-25.4M (-61.5%) from $41.2M to $15.9M, while imports decreased by $-779k (-5.13%) from $15.2M to $14.4M.
Destinations: In July 2020 Other Heating Machinery exported mostly to France ($7.09M), United States ($5.32M), Japan ($919k), Nigeria ($553k), and Hong Kong ($349k), and imported mostly from China ($3.43M), Malaysia ($3M), Japan ($2.92M), United States ($1.17M), and South Korea ($1.05M).
Growth: In July 2020, the decrease in Other Heating Machinery's year-by-year exports was explained primarily by a decrease in exports to France ($-17.7M or -71.4%), United States ($-2.65M or -33.3%), and Canada ($-782k or -92.3%). In July 2020, the decrease in Other Heating Machinery's year-by-year imports was explained primarily by a decrease in imports from United States ($-2.19M or -65.1%), Germany ($-787k or -88.3%), and China ($-614k or -15.2%).