Knit T-shirts in   Philippines

Overview In July 2024 Philippines' Knit T-shirts exports accounted up to $1.68M and imports accounted up to $11.2M, resulting in a negative trade balance of $9.54M. Between July 2023 and July 2024 the exports of Philippines'   Knit T-shirts have decreased by $-2.03M (-54.7%) from $3.71M to $1.68M, while imports increased by $1.98M (21.4%) from $9.24M to $11.2M.

Destinations In July 2024, Knit T-shirts were exported mostly to Japan ($975k), United States ($164k), Hong Kong ($124k), South Korea ($82.7k), and China ($56.6k), and were imported mostly from China ($5.24M), Vietnam ($2.45M), Bangladesh ($794k), Cambodia ($709k), and Indonesia ($328k).

Growth In July 2024, the decrease in Knit T-shirts's year-by-year exports was explained primarily by a decrease in exports to Sierra Leone ($-17k or -80.6%), Guam ($-14.2k or -51.5%), and Micronesia ($-8.61k or -80.9%). In July 2024, the increase in Knit T-shirts's year-by-year imports was explained primarily by an increase in imports from Vietnam ($1.65M or 157%), China ($1.18M or 61.1%), and Bangladesh ($443k or 83.8%).