Insulated Wire in   Philippines

Overview In July 2024 Philippines' Insulated Wire exports accounted up to $265M and imports accounted up to $121M, resulting in a positive trade balance of $144M. Between July 2023 and July 2024 the exports of Philippines'   Insulated Wire have increased by $19.1M (7.75%) from $246M to $265M, while imports increased by $14.2M (13.3%) from $107M to $121M.

Destinations In July 2024, Insulated Wire were exported mostly to Japan ($115M), United States ($99.7M), South Korea ($14.8M), Canada ($10.5M), and China ($6.87M), and were imported mostly from China ($56.1M), South Korea ($18.8M), Japan ($12.6M), Hong Kong ($7.1M), and Malaysia ($5.57M).

Growth In July 2024, the increase in Insulated Wire's year-by-year exports was explained primarily by an increase in exports to United States ($16.2M or 32.8%), South Korea ($3.76M or 38.1%), and Japan ($3.38M or 2.89%). In July 2024, the increase in Insulated Wire's year-by-year imports was explained primarily by an increase in imports from Japan ($46.1M or 391%), South Korea ($9.91M or 148%), and United Arab Emirates ($2.1M or 121k%).