Philippines / Netherlands

Overview In July 2024, Philippines exported $229M and imported $48.3M from Netherlands, resulting in a positive trade balance of $181M. Between July 2023 and July 2024 the exports of Philippines have decreased by $-97.7M (-29.9%) from $326M to $229M, while imports decreased by $-757k (-1.54%) from $49M to $48.3M.

Trade In July 2024, the top exports of Philippines to Netherlands were Integrated Circuits ($86.1M), Coconut Oil ($49.3M), Electrical Transformers ($9.08M), Electric Heaters ($3.7M), and Commodities not elsewhere specified ($3.46M). In July 2024 the top imports of Philippines from Netherlands were Telephones ($4.08M), Special Pharmaceuticals ($3.95M), Edible Offal ($2.73M), Integrated Circuits ($2.05M), and Delivery Trucks ($1.92M).

Growth In July 2024, the decrease in Philippines's year-by-year exports to Netherlands was explained primarily by an decrease in product exports in Coconut Oil ($-31.3M or -38.8%), Industrial Printers ($-10.1M or -85.7%), and Recovered Paper Pulp ($-9.7M or -87.1%). In July 2024, the decrease in Philippines's year-by-year imports  from Netherlands was explained primarily by an decrease in product imports  in Vaccines, blood, antisera, toxins and cultures ($-18.9M or -94.5%), Sawn Wood ($-5.43M or -77.5%), and Other Plastic Products ($-3.09M or -94.6%).