Beauty Products in   Philippines

Overview In June 2024 Philippines' Beauty Products exports accounted up to $2.59M and imports accounted up to $15.7M, resulting in a negative trade balance of $13.1M. Between June 2023 and June 2024 the exports of Philippines'   Beauty Products have increased by $703k (37.1%) from $1.89M to $2.59M, while imports decreased by $-204k (-1.29%) from $15.9M to $15.7M.

Destinations In June 2024, Beauty Products were exported mostly to Japan ($1.35M), Singapore ($400k), United Arab Emirates ($244k), Saudi Arabia ($103k), and Indonesia ($94.6k), and were imported mostly from Thailand ($5.71M), South Korea ($2.89M), France ($1.38M), United States ($1.27M), and Canada ($867k).

Growth In June 2024, the increase in Beauty Products's year-by-year exports was explained primarily by an increase in exports to Malaysia ($132k or 48.1%), Singapore ($130k or 48.6%), and Japan ($113k or 13.8%). In June 2024, the decrease in Beauty Products's year-by-year imports was explained primarily by a decrease in imports from Switzerland ($-249k or -84.9%), Japan ($-132k or -27.4%), and Mexico ($-63.4k or -99.4%).