Confectionery Sugar in   Philippines

Overview In July 2024 Philippines' Confectionery Sugar exports accounted up to $4.37M and imports accounted up to $9.72M, resulting in a negative trade balance of $5.35M. Between July 2023 and July 2024 the exports of Philippines'   Confectionery Sugar have decreased by $-361k (-7.63%) from $4.73M to $4.37M, while imports decreased by $-1.34M (-12.1%) from $11.1M to $9.72M.

Destinations In July 2024, Confectionery Sugar were exported mostly to Vietnam ($1.31M), China ($800k), Malaysia ($311k), Thailand ($256k), and Papua New Guinea ($235k), and were imported mostly from China ($4.61M), Indonesia ($1.65M), Vietnam ($1.51M), Malaysia ($550k), and Thailand ($353k).

Growth In July 2024, the decrease in Confectionery Sugar's year-by-year exports was explained primarily by a decrease in exports to China ($-644k or -75.6%), Papua New Guinea ($-179k or -99.5%), and Thailand ($-80k or -15.4%). In July 2024, the decrease in Confectionery Sugar's year-by-year imports was explained primarily by a decrease in imports from India ($-192k or -39.2%), Spain ($-18.5k or -33.8%), and Germany ($-7.07k or -33.8%).