Malt Extract in   Philippines

Overview In October 2024 Philippines' Malt Extract exports accounted up to $3.97M and imports accounted up to $18.4M, resulting in a negative trade balance of $14.4M. Between October 2023 and October 2024 the exports of Philippines'   Malt Extract have decreased by $-2.53M (-38.9%) from $6.5M to $3.97M, while imports decreased by $-852k (-4.43%) from $19.2M to $18.4M.

Destinations In October 2024, Malt Extract were exported mostly to Malaysia ($1.52M), Sri Lanka ($589k), Cameroon ($404k), Cambodia ($260k), and Pakistan ($239k), and were imported mostly from Malaysia ($6.81M), Singapore ($4.02M), Thailand ($1.95M), Australia ($1.19M), and Ireland ($1.14M).

Growth In October 2024, the decrease in Malt Extract's year-by-year exports was explained primarily by a decrease in exports to Sri Lanka ($-267k or -29.6%), Thailand ($-49.8k or -91.1%), and Papua New Guinea ($-18.5k or -27.9%). In October 2024, the decrease in Malt Extract's year-by-year imports was explained primarily by a decrease in imports from Singapore ($-1.23M or -16.5%), Australia ($-474k or -86.3%), and United States ($-105k or -26.9%).