Steel Wire in   Philippines

Overview In June 2024 Philippines' Steel Wire exports accounted up to $177k and imports accounted up to $284k, resulting in a negative trade balance of $107k. Between June 2023 and June 2024 the exports of Philippines'   Steel Wire have decreased by $-166k (-48.3%) from $343k to $177k, while imports decreased by $-344k (-54.8%) from $628k to $284k.

Destinations In June 2024, Steel Wire were exported mostly to Singapore ($171k) and Japan ($6.4k), and were imported mostly from Chinese Taipei ($130k), Japan ($103k), Thailand ($36.5k), Switzerland ($10.8k), and South Korea ($3.07k).

Growth In June 2024, the decrease in Steel Wire's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Steel Wire's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei ($-109k or -49.6%), Japan ($-99.8k or -98.9%), and South Korea ($-1.58k or -38.4%).