Philippines / Papua New Guinea

Overview In July 2024, Philippines exported $971k and imported $21.5M from Papua New Guinea, resulting in a negative trade balance of $20.5M. Between July 2023 and July 2024 the exports of Philippines have decreased by $-481k (-33.1%) from $1.45M to $971k, while imports increased by $5.73M (36.3%) from $15.8M to $21.5M.

Trade In July 2024, the top exports of Philippines to Papua New Guinea were Woodworking machines ($925k), Small Iron Containers ($584k), Processed Fish ($401k), Prepared Explosives ($274k), and Electric Batteries ($124k). In July 2024 the top imports of Philippines from Papua New Guinea were Copper Ore ($30.5M), Non-fillet Frozen Fish ($14.3M), Animal Meal and Pellets ($82.8k), Processed Fish ($10.9k), and Telephones ($1.14k).

Growth In July 2024, the decrease in Philippines's year-by-year exports to Papua New Guinea was explained primarily by an decrease in product exports in Confectionery Sugar ($-179k or -99.5%), Baked Goods ($-31.5k or -93.1%), and Malt Extract ($-18.5k or -27.9%). In July 2024, the increase in Philippines's year-by-year imports  from Papua New Guinea was explained primarily by an increase in product imports  in Non-fillet Frozen Fish ($6.05M or 73.6%), Animal Meal and Pellets ($34.1k or 69.8%), and Telephones ($387 or 51.7%).