Electric Soldering Equipment in   Philippines

Overview In September 2024 Philippines' Electric Soldering Equipment exports accounted up to $109k and imports accounted up to $3.92M, resulting in a negative trade balance of $3.81M. Between September 2023 and September 2024 the exports of Philippines'   Electric Soldering Equipment have decreased by $-43.7k (-28.6%) from $153k to $109k, while imports decreased by $-3.22M (-45.1%) from $7.14M to $3.92M.

Destinations In September 2024, Electric Soldering Equipment were exported mostly to Netherlands ($108k), Marshall Islands ($711), and United States ($180), and were imported mostly from China ($1.42M), Japan ($1.07M), Singapore ($503k), Switzerland ($211k), and United States ($150k).

Growth In September 2024, the decrease in Electric Soldering Equipment's year-by-year exports was explained primarily by a decrease in exports to Singapore ($-174k or -99.9%), Japan ($-127k or -80.5%), and Malaysia ($-9.5k or -89.2%). In September 2024, the decrease in Electric Soldering Equipment's year-by-year imports was explained primarily by a decrease in imports from Singapore ($-463k or -69.6%), South Korea ($-280k or -90.9%), and Hong Kong ($-252k or -96.9%).