Other Electrical Machinery in   Philippines

Overview In September 2024 Philippines' Other Electrical Machinery exports accounted up to $2.55M and imports accounted up to $10.5M, resulting in a negative trade balance of $7.96M. Between September 2023 and September 2024 the exports of Philippines'   Other Electrical Machinery have increased by $812k (46.6%) from $1.74M to $2.55M, while imports decreased by $-7.1M (-40.3%) from $17.6M to $10.5M.

Destinations In September 2024, Other Electrical Machinery were exported mostly to United States ($1.44M), South Africa ($418k), Australia ($272k), Chinese Taipei ($158k), and Singapore ($115k), and were imported mostly from China ($3.15M), Malaysia ($2.52M), United States ($1.25M), Japan ($1.11M), and Germany ($576k).

Growth In September 2024, the increase in Other Electrical Machinery's year-by-year exports was explained primarily by an increase in exports to Germany ($193k or 9.44k%), Australia ($107k or 50.3%), and United States ($105k or 371%). In September 2024, the decrease in Other Electrical Machinery's year-by-year imports was explained primarily by a decrease in imports from China ($-1.04M or -23%), Hong Kong ($-283k or -29%), and Vietnam ($-260k or -95%).