Other Measuring Instruments in   Philippines

Overview In July 2024 Philippines' Other Measuring Instruments exports accounted up to $20.8M and imports accounted up to $17M, resulting in a positive trade balance of $3.78M. Between July 2023 and July 2024 the exports of Philippines'   Other Measuring Instruments have increased by $8.31M (66.5%) from $12.5M to $20.8M, while imports decreased by $-4.1M (-19.4%) from $21.1M to $17M.

Destinations In July 2024, Other Measuring Instruments were exported mostly to Japan ($9.42M), Germany ($4.94M), China ($2.61M), United States ($1.01M), and South Korea ($677k), and were imported mostly from Japan ($4.84M), China ($3.83M), United States ($1.53M), Thailand ($1.02M), and Malaysia ($892k).

Growth In July 2024, the increase in Other Measuring Instruments's year-by-year exports was explained primarily by an increase in exports to United States ($1.33M or 99%), Israel ($289k or 165%), and Thailand ($236k or 449%). In July 2024, the decrease in Other Measuring Instruments's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-3.47M or -74.7%), Thailand ($-2.38M or -80.9%), and United States ($-908k or -54.7%).