Microphones and Headphones in   Philippines

Overview In July 2024 Philippines' Microphones and Headphones exports accounted up to $10.8M and imports accounted up to $19M, resulting in a negative trade balance of $8.21M. Between July 2023 and July 2024 the exports of Philippines'   Microphones and Headphones have decreased by $-3.3M (-23.5%) from $14.1M to $10.8M, while imports increased by $582k (3.17%) from $18.4M to $19M.

Destinations In July 2024, Microphones and Headphones were exported mostly to United States ($3.76M), Germany ($1.22M), China ($798k), Singapore ($751k), and Netherlands ($584k), and were imported mostly from China ($13.4M), Hong Kong ($1.46M), Malaysia ($1.28M), Vietnam ($548k), and United States ($306k).

Growth In July 2024, the decrease in Microphones and Headphones's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-1.59M or -23.1%), United States ($-205k or -13.7%), and Japan ($-129k or -44.3%). In July 2024, the increase in Microphones and Headphones's year-by-year imports was explained primarily by an increase in imports from Hong Kong ($769k or 31.7%), China ($747k or 6.32%), and Mexico ($223k or 548%).