Commodities not elsewhere specified in   Philippines

Overview In July 2024 Philippines' Commodities not elsewhere specified exports accounted up to $620M and imports accounted up to $852M, resulting in a negative trade balance of $231M. Between July 2023 and July 2024 the exports of Philippines'   Commodities not elsewhere specified have increased by $49.9M (8.75%) from $570M to $620M, while imports increased by $59.8M (7.56%) from $792M to $852M.

Destinations In July 2024, Commodities not elsewhere specified were exported mostly to Hong Kong ($96.8M), Singapore ($78.8M), United States ($73.3M), Malaysia ($64.4M), and South Korea ($49.8M), and were imported mostly from South Korea ($211M), China ($206M), Japan ($93.3M), Chinese Taipei ($87.1M), and United States ($47.4M).

Growth In July 2024, the increase in Commodities not elsewhere specified's year-by-year exports was explained primarily by an increase in exports to Vietnam ($62.7M or 833%), Hong Kong ($13.4M or 18.8%), and Chinese Taipei ($12.2M or 33.3%). In July 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%).