Commodities not elsewhere specified in   Philippines

Overview In April 2024 Philippines' Commodities not elsewhere specified exports accounted up to $927M and imports accounted up to $665M, resulting in a positive trade balance of $262M. Between April 2023 and April 2024 the exports of Philippines'   Commodities not elsewhere specified have increased by $240M (34.9%) from $688M to $927M, while imports increased by $884k (0.13%) from $664M to $665M.

Destinations In April 2024, Commodities not elsewhere specified were exported mostly to Hong Kong ($357M), United States ($103M), Singapore ($95.2M), Chinese Taipei ($70.4M), and Vietnam ($68.5M), and were imported mostly from South Korea ($163M), China ($106M), Japan ($86M), Chinese Taipei ($68.7M), and Singapore ($42.6M).

Growth In April 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 April 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%).