Overview In June 2024 Philippines' Products Made from Coffee Extracts & Concentrates exports accounted up to $307k and imports accounted up to $2.02M, resulting in a negative trade balance of $1.72M. Between June 2023 and June 2024 the exports of Philippines' Products Made from Coffee Extracts & Concentrates have increased by $180k (141%) from $128k to $307k, while imports decreased by $-32.6M (-94.2%) from $34.6M to $2.02M.
Destinations In June 2024, Products Made from Coffee Extracts & Concentrates were exported mostly to Chinese Taipei ($145k), Qatar ($50.2k), United States ($35.9k), Somalia ($31.8k), and New Zealand ($27.8k), and were imported mostly from Thailand ($1.96M), Singapore ($36.6k), United States ($21.6k), Japan ($3.89k), and South Korea ($3.04k).
Growth In June 2024, the increase in Products Made from Coffee Extracts & Concentrates's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei ($44.6k or 946%) and Netherlands ($2.87k or 18.8%). In June 2024, the decrease in Products Made from Coffee Extracts & Concentrates's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-5.14M or -13%) and Vietnam ($-22k or -70.7%).