Used Clothing in   Philippines

Overview In July 2024 Philippines' Used Clothing exports accounted up to $836k and imports accounted up to $1.97M, resulting in a negative trade balance of $1.14M. Between July 2023 and July 2024 the exports of Philippines'   Used Clothing have decreased by $-340k (-28.9%) from $1.18M to $836k, while imports increased by $701k (55%) from $1.27M to $1.97M.

Destinations In July 2024, Used Clothing were exported mostly to Hong Kong ($402k), Japan ($80k), Cambodia ($75.3k), Malaysia ($68.3k), and Thailand ($41.3k), and were imported mostly from China ($700k), South Korea ($595k), Pakistan ($176k), Chinese Taipei ($168k), and Malaysia ($87.3k).

Growth In July 2024, the decrease in Used Clothing's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-229k or -41.6%) and Thailand ($-11.8k or -18.7%). In July 2024, the increase in Used Clothing's year-by-year imports was explained primarily by an increase in imports from China ($6.86k or 9.74%).