Overview: In July 2020 Philippines' Industrial Printers exports accounted up to $207M and imports accounted up to $35.2M, resulting in a positive trade balance of $172M. Between July 2019 and July 2020 the exports of Philippines' Industrial Printers have increased by $18.5M (9.81%) from $189M to $207M, while imports decreased by $-25.9M (-42.4%) from $61.1M to $35.2M.
Destinations: In July 2020 Industrial Printers exported mostly to United States ($61.6M), Germany ($35.8M), China ($27.4M), Japan ($10.2M), and Finland ($9.94M), and imported mostly from Japan ($14M), China ($7.13M), Singapore ($3.08M), Vietnam ($2.92M), and Thailand ($2.47M).
Growth: In July 2020, the increase in Industrial Printers's year-by-year exports was explained primarily by an increase in exports to United States ($22.2M or 56.5%), Germany ($11.4M or 46.9%), and China ($5.47M or 24.9%). In July 2020, the decrease in Industrial Printers's year-by-year imports was explained primarily by a decrease in imports from China ($-10.6M or -59.7%), Indonesia ($-5.7M or -90.1%), and Japan ($-3.84M or -21.5%).