Gaskets in   Philippines

Overview In August 2024 Philippines' Gaskets exports accounted up to $505k and imports accounted up to $3.25M, resulting in a negative trade balance of $2.74M. Between August 2023 and August 2024 the exports of Philippines'   Gaskets have decreased by $-715k (-58.6%) from $1.22M to $505k, while imports decreased by $-917k (-22%) from $4.17M to $3.25M.

Destinations In August 2024, Gaskets were exported mostly to Chinese Taipei ($145k), Japan ($85.8k), Singapore ($72.5k), South Korea ($67.6k), and Thailand ($57.8k), and were imported mostly from Singapore ($618k), Japan ($521k), China ($402k), Germany ($283k), and United States ($245k).

Growth In August 2024, the decrease in Gaskets's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-135k or -30.6%), Chinese Taipei ($-125k or -98.1%), and Germany ($-102k or -82.6%). In August 2024, the decrease in Gaskets's year-by-year imports was explained primarily by a decrease in imports from Japan ($-385k or -36.8%), South Korea ($-156k or -79.2%), and Thailand ($-67.9k or -34.5%).