Copper articles in   Philippines

Overview In July 2024 Philippines' Copper articles exports accounted up to $84.8M and imports accounted up to $105M, resulting in a negative trade balance of $20.1M. Between July 2023 and July 2024 the exports of Philippines'   Copper articles have decreased by $-102M (-54.6%) from $187M to $84.8M, while imports increased by $25.6M (32.3%) from $79.3M to $105M.

Destinations In July 2024, Copper articles were exported mostly to Thailand ($30.4M), China ($12.7M), South Korea ($10.8M), Chinese Taipei ($7.65M), and Japan ($6.73M), and were imported mostly from China ($23.1M), Japan ($19.9M), South Korea ($19.9M), Thailand ($12.1M), and Malaysia ($7.78M).

Growth In July 2024, the decrease in Copper articles's year-by-year exports was explained primarily by a decrease in exports to China ($-81.7M or -52.8%), Thailand ($-7.15M or -15.2%), and Chinese Taipei ($-2.68M or -48%). In July 2024, the increase in Copper articles's year-by-year imports was explained primarily by an increase in imports from China ($4.01M or 33.6%), Malaysia ($2.71M or 146%), and United Arab Emirates ($1.79M or 3.37k%).