Refrigerators in   Philippines

Overview In July 2024 Philippines' Refrigerators exports accounted up to $425k and imports accounted up to $43.8M, resulting in a negative trade balance of $43.4M. Between July 2023 and July 2024 the exports of Philippines'   Refrigerators have decreased by $-978k (-69.7%) from $1.4M to $425k, while imports increased by $7.88M (21.9%) from $35.9M to $43.8M.

Destinations In July 2024, Refrigerators were exported mostly to Japan ($384k), Hong Kong ($28.3k), China ($3.5k), Poland ($2.94k), and Marshall Islands ($1.8k), and were imported mostly from China ($27.8M), Thailand ($4.39M), Vietnam ($2.74M), United States ($2.12M), and South Korea ($2.01M).

Growth In July 2024, the decrease in Refrigerators's year-by-year exports was explained primarily by a decrease in exports to China ($-109k or -99.9%), Thailand ($-27.4k or -52%), and Chinese Taipei ($-3.03k or -16.7%). In July 2024, the increase in Refrigerators's year-by-year imports was explained primarily by an increase in imports from China ($7.05M or 42.6%), United States ($2.78M or 1.05k%), and South Korea ($761k or 139%).