Commodities not elsewhere specified in   Philippines

Overview In September 2024 Philippines' Commodities not elsewhere specified exports accounted up to $925M and imports accounted up to $809M, resulting in a positive trade balance of $117M. Between September 2023 and September 2024 the exports of Philippines'   Commodities not elsewhere specified have decreased by $-129M (-12.2%) from $1.05B to $925M, while imports increased by $63.6M (8.54%) from $745M to $809M.

Destinations In September 2024, Commodities not elsewhere specified were exported mostly to Hong Kong ($258M), United States ($241M), Singapore ($72.4M), Germany ($57M), and Netherlands ($48.4M), and were imported mostly from South Korea ($221M), China ($185M), Japan ($86M), Chinese Taipei ($77.3M), and United States ($51.2M).

Growth In September 2024, the decrease in Commodities not elsewhere specified's year-by-year exports was explained primarily by a decrease in exports to United States ($-48.8M or -37.8%), Singapore ($-24.1M or -16.8%), and United Kingdom ($-15.9M or -81.3%). In September 2024, the increase in Commodities not elsewhere specified's year-by-year imports was explained primarily by an increase in imports from Malaysia ($11.2M or 27.2%), United States ($10.6M or 21.4%), and Bulgaria ($2.02M or 129%).