Commodities not elsewhere specified in   Philippines

Overview In October 2024 Philippines' Commodities not elsewhere specified exports accounted up to $631M and imports accounted up to $843M, resulting in a negative trade balance of $212M. Between October 2023 and October 2024 the exports of Philippines'   Commodities not elsewhere specified have decreased by $-147M (-18.9%) from $777M to $631M, while imports increased by $76.9M (10%) from $766M to $843M.

Destinations In October 2024, Commodities not elsewhere specified were exported mostly to United States ($158M), Singapore ($93.2M), Hong Kong ($73.1M), Germany ($53.4M), and Netherlands ($36.2M), and were imported mostly from China ($222M), South Korea ($169M), Chinese Taipei ($87.8M), Singapore ($82.5M), and Japan ($78.7M).

Growth In October 2024, the decrease in Commodities not elsewhere specified's year-by-year exports was explained primarily by a decrease in exports to United States ($-48.8M or -37.8%), Singapore ($-24.1M or -16.8%), and United Kingdom ($-15.9M or -81.3%). In October 2024, the increase in Commodities not elsewhere specified's year-by-year imports was explained primarily by an increase in imports from Malaysia ($11.2M or 27.2%), United States ($10.6M or 21.4%), and Bulgaria ($2.02M or 129%).