Philippines / Argentina

Overview In June 2024, Philippines exported $5.73M and imported $58.5M from Argentina, resulting in a negative trade balance of $52.8M. Between June 2023 and June 2024 the exports of Philippines have decreased by $-569k (-9.04%) from $6.3M to $5.73M, while imports increased by $22M (60.2%) from $36.5M to $58.5M.

Trade In June 2024, the top exports of Philippines to Argentina were Motor vehicles; parts and accessories (8701... ($4.96M), Electrical Transformers ($629k), Industrial Printers ($275k), Rubber Tires ($263k), and Other Processed Fruits and Nuts ($130k). In June 2024 the top imports of Philippines from Argentina were Soybean Meal ($32.4M), Soybeans ($7.53M), Dried Legumes ($1.59M), Corn ($816k), and Other Edible Preparations ($782k).

Growth In June 2024, the decrease in Philippines's year-by-year exports to Argentina was explained primarily by an decrease in product exports in Industrial Printers ($-549k or -66.6%), Coconuts, Brazil Nuts, and Cashews ($-135k or -66.8%), and Low-voltage Protection Equipment ($-117k or -62%). In June 2024, the increase in Philippines's year-by-year imports  from Argentina was explained primarily by an increase in product imports  in Dried Legumes ($512k or 47.7%), Corn ($431k or 112%), and Other Processed Fruits and Nuts ($406k or 540%).