Iron Fasteners in   Philippines

Overview In June 2024 Philippines' Iron Fasteners exports accounted up to $3.43M and imports accounted up to $11.6M, resulting in a negative trade balance of $8.19M. Between June 2023 and June 2024 the exports of Philippines'   Iron Fasteners have decreased by $-524k (-13.2%) from $3.96M to $3.43M, while imports decreased by $-5.82M (-33.4%) from $17.4M to $11.6M.

Destinations In June 2024, Iron Fasteners were exported mostly to Japan ($1.8M), United States ($447k), Chinese Taipei ($189k), Germany ($176k), and France ($160k), and were imported mostly from Japan ($3.1M), Germany ($2.2M), United States ($1.47M), Singapore ($728k), and Chinese Taipei ($708k).

Growth In June 2024, the decrease in Iron Fasteners's year-by-year exports was explained primarily by a decrease in exports to Japan ($-6.76M or -71.2%), France ($-794k or -83.6%), and South Korea ($-470k or -62.2%). In June 2024, the decrease in Iron Fasteners's year-by-year imports was explained primarily by a decrease in imports from Japan ($-1.13M or -22.7%), Sweden ($-341k or -78.6%), and South Korea ($-267k or -51.2%).