Semiconductor Devices in   Philippines

Overview In July 2024 Philippines' Semiconductor Devices exports accounted up to $64.1M and imports accounted up to $127M, resulting in a negative trade balance of $62.6M. Between July 2023 and July 2024 the exports of Philippines'   Semiconductor Devices have decreased by $-33.6M (-34.4%) from $97.7M to $64.1M, while imports increased by $34.9M (37.9%) from $91.9M to $127M.

Destinations In July 2024, Semiconductor Devices were exported mostly to Hong Kong ($20.8M), Japan ($10.4M), Germany ($8.33M), China ($6.44M), and United States ($6.38M), and were imported mostly from China ($58.4M), South Korea ($13.2M), United Kingdom ($11.3M), Singapore ($10M), and Japan ($9.12M).

Growth In July 2024, the decrease in Semiconductor Devices's year-by-year exports was explained primarily by a decrease in exports to United States ($-9.83M or -65.8%), Hong Kong ($-7.6M or -23.2%), and China ($-5.41M or -31.9%). In July 2024, the increase in Semiconductor Devices's year-by-year imports was explained primarily by an increase in imports from China ($20.2M or 118%), United States ($11.3M or 204%), and South Korea ($6M or 790%).