Philippines / Morocco

Overview In June 2024, Philippines exported $1.04M and imported $1.33M from Morocco, resulting in a negative trade balance of $291k. Between June 2023 and June 2024 the exports of Philippines have decreased by $-125k (-10.8%) from $1.16M to $1.04M, while imports decreased by $-714k (-35%) from $2.04M to $1.33M.

Trade In June 2024, the top exports of Philippines to Morocco were Machines and apparatus of a kind... ($2.92M), Integrated Circuits ($1.13M), Electrical Lighting and Signalling Equipment ($599k), Shaving Products ($141k), and Non-Retail Synthetic Staple Fibers Yarn ($125k). In June 2024 the top imports of Philippines from Morocco were Knit Women's Suits ($422k), Non-Knit Women's Suits ($273k), Non-Knit Women's Shirts ($228k), Non-Knit Men's Suits ($104k), and Other Knit Garments ($97.5k).

Growth In June 2024, the decrease in Philippines's year-by-year exports to Morocco was explained primarily by an decrease in product exports in Electrical Lighting and Signalling Equipment ($-192k or -24.2%), Low-voltage Protection Equipment ($-64.4k or -87.5%), and Commodities not elsewhere specified ($-60.8k or -92.2%). In June 2024, the decrease in Philippines's year-by-year imports  from Morocco was explained primarily by an decrease in product imports  in Knit T-shirts ($-22.2k or -34.3%), Packaged Medicaments ($-10.9k or -34.2%), and Integrated Circuits ($-7.08k or -99.6%).