Philippines / Ireland

Overview In August 2021, Philippines exported $12.7M and imported $15.7M from Ireland, resulting in a negative trade balance of $3.01M. Between August 2020 and August 2021 the exports of Philippines have decreased by $-4.47M (-26%) from $17.2M to $12.7M, while imports increased by $1.99M (14.5%) from $13.7M to $15.7M.

Trade In August 2021, the top exports of Philippines to Ireland were Electrical Transformers ($1.56M), Computers ($1.1M), Semiconductor Devices ($927k), Optical Fibers and optical fibre bundles ($560k), and Commodities not elsewhere specified ($559k). In August 2021 the top imports of Philippines from Ireland were Frozen Bovine Meat ($2.8M), Concentrated Milk ($2.4M), Commodities not elsewhere specified ($1.61M), Vaccines, blood, antisera, toxins and cultures ($1.55M), and Packaged Medicaments ($1.24M).

Growth In August 2021, the decrease in Philippines's year-by-year exports to Ireland was explained primarily by an decrease in product exports in Computers ($-3.24M or -74.7%), Optical Fibers and optical fibre bundles ($-441k or -44.1%), and Electric Batteries ($-183k or -54.5%). In August 2021, the increase in Philippines's year-by-year imports  from Ireland was explained primarily by an increase in product imports  in Concentrated Milk ($2.1M or 711%), Vaccines, blood, antisera, toxins and cultures ($1.33M or 592%), and Medical Instruments ($778k or 855%).