Iron Cloth in   Philippines

Overview In July 2024 Philippines' Iron Cloth exports accounted up to $239k and imports accounted up to $5.51M, resulting in a negative trade balance of $5.27M. Between July 2023 and July 2024 the exports of Philippines'   Iron Cloth have decreased by $-195k (-45%) from $434k to $239k, while imports decreased by $-162k (-2.85%) from $5.67M to $5.51M.

Destinations In July 2024, Iron Cloth were exported mostly to Japan ($123k), Vietnam ($99.6k), Thailand ($11.4k), and United States ($4.85k), and were imported mostly from China ($4.45M), Japan ($395k), Australia ($127k), South Africa ($85.8k), and Singapore ($72.8k).

Growth In July 2024, the decrease in Iron Cloth's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-57.2k or -73.6%), Thailand ($-28.7k or -66%), and United States ($-3.02k or -68.8%). In July 2024, the decrease in Iron Cloth's year-by-year imports was explained primarily by a decrease in imports from China ($-235k or -7.36%), Germany ($-228k or -99.5%), and Singapore ($-65.5k or -98.6%).