Philippines / Morocco

Overview In September 2024, Philippines exported $1.24M and imported $1.63M from Morocco, resulting in a negative trade balance of $390k. Between September 2023 and September 2024 the exports of Philippines have decreased by $-34.8k (-2.74%) from $1.27M to $1.24M, while imports increased by $197k (13.8%) from $1.43M to $1.63M.

Trade In September 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 September 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 September 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 September 2024, the increase in Philippines's year-by-year imports  from Morocco was explained primarily by an increase in product imports  in Knit Women's Suits ($234k or 125%), Non-Knit Women's Shirts ($140k or 161%), and Non-Knit Women's Suits ($139k or 103%).