Other Electrical Machinery in   Philippines

Overview In July 2024 Philippines' Other Electrical Machinery exports accounted up to $1.64M and imports accounted up to $9.78M, resulting in a negative trade balance of $8.15M. Between July 2023 and July 2024 the exports of Philippines'   Other Electrical Machinery have decreased by $-123k (-7.02%) from $1.76M to $1.64M, while imports decreased by $-3.7M (-27.5%) from $13.5M to $9.78M.

Destinations In July 2024, Other Electrical Machinery were exported mostly to Germany ($274k), United States ($239k), Japan ($217k), South Africa ($189k), and Australia ($170k), and were imported mostly from China ($3.56M), Japan ($1.15M), Germany ($1.07M), United States ($954k), and Thailand ($435k).

Growth In July 2024, the decrease in Other Electrical Machinery's year-by-year exports was explained primarily by a decrease in exports to China ($-581k or -96.6%), Malaysia ($-298k or -67.3%), and Japan ($-135k or -22.9%). In July 2024, the decrease in Other Electrical Machinery's year-by-year imports was explained primarily by a decrease in imports from China ($-1.04M or -23%), Hong Kong ($-283k or -29%), and Vietnam ($-260k or -95%).