Beer in   Philippines

Overview In July 2024 Philippines' Beer exports accounted up to $1.31M and imports accounted up to $870k, resulting in a positive trade balance of $437k. Between July 2023 and July 2024 the exports of Philippines'   Beer have increased by $1.04M (384%) from $270k to $1.31M, while imports decreased by $-592k (-40.5%) from $1.46M to $870k.

Destinations In July 2024, Beer were exported mostly to United Arab Emirates ($819k), United States ($257k), South Korea ($182k), Japan ($17.4k), and Chinese Taipei ($15.6k), and were imported mostly from China ($605k), Vietnam ($163k), Belgium ($60.3k), Netherlands ($28.6k), and Singapore ($8.28k).

Growth In July 2024, the increase in Beer's year-by-year exports was explained primarily by an increase in exports to South Korea ($25.3k or 26%), Chinese Taipei ($17k or 91.6%), and Singapore ($9.94k or 926%). In July 2024, the decrease in Beer's year-by-year imports was explained primarily by a decrease in imports from China ($-7.31k or -8.17%) and Germany ($-5.11k or -13.7%).