Overview In October 2023 Philippines' Leather further prepared after tanning or crusting of animals (other than ovine) exports accounted up to $2.27k and imports accounted up to $314k, resulting in a negative trade balance of $311k. Between June 2021 and October 2023 the exports of Philippines' Leather further prepared after tanning or crusting of animals (other than ovine) have increased by $2.04k (908%) from $225 to $2.27k, while imports decreased by $-895k (-74.1%) from $1.21M to $314k.
Destinations In October 2023, Leather further prepared after tanning or crusting of animals (other than ovine) were exported mostly to , and were imported mostly from Thailand ($177k), Portugal ($39.3k), India ($25.6k), Hong Kong ($22.5k), and Italy ($18.5k).
Growth In October 2023, the increase in Leather further prepared after tanning or crusting of animals (other than ovine)'s year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Leather further prepared after tanning or crusting of animals (other than ovine)'s year-by-year imports was explained primarily by a decrease in imports from India ($-225k or -84.7%), Thailand ($-30.6k or -19.5%), and Pakistan ($-8.26k or -27.7%).